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keel
Ledger
64,751,780
Methodology
1.0.8-draft
Age
6s

XRP against USDC — what depth stands behind this price?

All assets

XRP / USDC

GBXR…DTD5

Risk band

Critical

partial confidence

A floor: the real band can only be worse.

Max safe collateral
629.17 USDC (shortened; full value 629.1723146886885579403906325 USDC)Limited by manipulation cost
Depth within 5%
buy1,430.85 USDC (shortened; full value 1430.8553084844721755068484256096 USDC)sell1,704.12 USDC (shortened; full value 1704.128726366618795424735752254596953353614886233972 USDC)
Cost to reach the critical move
The engine sent no critical rung
Checks
5 triggered3 not evaluated

History

Window
Resolution
Source

Buy-side depth

What an order can absorb before the price moves against a buyer. The rungs are nested, so one scale covers all three.

Higher at the end of the window than at its start

Lowest
738.32 USDC (shortened; full value 738.3285382110988007722617887358 USDC)
Highest
1,458.73 USDC (shortened; full value 1458.732720970167519307254025999 USDC)
2026-10-02T16:54:37Z — 2026-10-03T16:09:42ZOne scale across every line on this chart
2% from mid
1,424.31 USDC (shortened; full value 1424.3163065340257306722769769737 USDC)
5% from mid
1,432.40 USDC (shortened; full value 1432.4053156606234510207069638624 USDC)
10% from mid
1,456.23 USDC (shortened; full value 1456.2343170971258543284814696453 USDC)
25 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
One holder owns most of itnowHOLDER_CONCENTRATION_EXTREMEthroughout
Thin depth at 5%nowTHIN_DEPTH_5PCTthroughout
Supply is concentratednowHOLDER_CONCENTRATION_HIGHthroughout

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.

629.17 USDC (shortened; full value 629.1723146886885579403906325 USDC)

Limited by manipulation cost

Liquidation term
871.64 USDC (shortened; full value 871.643868899750137775692847893704218147178492883872 USDC)

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

Manipulation termbinds
629.17 USDC (shortened; full value 629.1723146886885579403906325 USDC)

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