Skip to content
keel
Ledger
64,753,399
Methodology
1.0.8-draft
Age
8s

XRF against USDC — what depth stands behind this price?

All assets

XRF / USDC

GCHI…TXRF

Risk band

Critical

partial confidence

A floor: the real band can only be worse.

Max safe collateral
5.80 USDC (shortened; full value 5.80668862400322276201365015677993124535641116371 USDC)Limited by liquidation depth
Depth within 5%
buy5.62 USDC (shortened; full value 5.6223756334362044197900368655 USDC)sell5.73 USDC (shortened; full value 5.730245092439315807100332805925106592029132849005 USDC)
Cost to move +50%
25.57 USDC (shortened; full value 25.57823450227079 USDC)Reachable through the order book
Checks
7 triggered3 not evaluated

Collateral ceiling

The most this asset could back at each reading: the lower of the liquidation and manipulation limits.

Higher at the end of the window than at its start

Lowest
5.64 USDC (shortened; full value 5.641218100595143828942755577024350678608087084052 USDC)
Highest
5.90 USDC (shortened; full value 5.90656495396905534600255219057856727948401509042 USDC)
2026-09-25T10:55:19Z — 2026-10-03T18:24:37Z
Max safe collateral
5.79 USDC (shortened; full value 5.798873761798453538596880631348602856027665991456 USDC)
201 readings from horizon, with no gaps reported. One source per chart.

Checks

What fires now, how long it has been firing across the window above, and what could not run.
Cheap to move the pricenowMANIPULATION_CHEAPthroughout
Cheap next to real tradingnowMANIPULATION_RATIO_LOWthroughout
Price sources disagreenowPRICE_SOURCE_CONFLICTthroughout
Extreme spreadnowSPREAD_EXTREMEthroughout
One holder owns most of itnowHOLDER_CONCENTRATION_EXTREMEthroughout
Thin depth at 5%nowTHIN_DEPTH_5PCTthroughout
Supply is concentratednowHOLDER_CONCENTRATION_HIGHthroughout
No genuine trade in 7 daysNO_GENUINE_TRADE_7D62 of 201

Not evaluated3

  • No genuine trade in 30 days
  • No genuine trade in 7 days
  • Volume may be wash traded

Evidence

The figures behind the verdict, as the engine served them.

The ceiling is the lower of two independent limits. Which one binds is the part a lender acts on, so both are shown.

5.80 USDC (shortened; full value 5.80668862400322276201365015677993124535641116371 USDC)

Limited by liquidation depth

Liquidation termbinds
5.80 USDC (shortened; full value 5.80668862400322276201365015677993124535641116371 USDC)

Sell-side depth at the liquidation delta, times the haircut.

Manipulation term
6.39 USDC (shortened; full value 6.3945586255676975 USDC)

Order-book-only manipulation cost at the critical delta, times the safety margin.