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keel
Ledger
64,751,052
Methodology
1.0.8-draft
Age
8s

neco against USDC — what depth stands behind this price?

All assets

neco / USDC

GB5N…OL4S

Risk band

Critical

partial confidence

A floor: the real band can only be worse.

Max safe collateral
0 USDCLimited by manipulation cost
Depth within 5%
buy20.49 USDC (shortened; full value 20.4996813478066084005917842383 USDC)sell20.89 USDC (shortened; full value 20.892982984142245283700605925371806755401423106243 USDC)
Cost to move +50%
0 USDCReachable at no cost: nothing stands in the way
Checks
3 triggered5 not evaluated

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.

Lower at the end of the window than at its start

Lowest
8.21 USDC (shortened; full value 8.2197455866540562571696041465 USDC)
Highest
40.84 USDC (shortened; full value 40.8469585168152776500043038191 USDC)
2026-09-26T15:51:16Z — 2026-10-03T15:09:12ZOne scale across every line on this chart
2% from mid
8.26 USDC (shortened; full value 8.260025114841935907098979508 USDC)
5% from mid
20.49 USDC (shortened; full value 20.4996813478066084005917842383 USDC)
10% from mid
40.51 USDC (shortened; full value 40.5168143760799210371275346102 USDC)
169 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
Thin depth at 5%nowTHIN_DEPTH_5PCTthroughout
No genuine trade in 30 daysNO_GENUINE_TRADE_30D81 of 169
No genuine trade in 7 daysNO_GENUINE_TRADE_7D81 of 169

Not evaluated5

  • Price sources disagree
  • Extreme spread
  • 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.

Concentration and wash trading bound how much of the depth is real.

Largest holder
26.1619 % (shortened; full value 26.16195265254842480013730791 %)
Top ten holders
67.9812 % (shortened; full value 67.98120535827597621706443244 %)
Concentration index
1,117.45 (shortened; full value 1117.4565848575962111977327752775921649425431743458257763)

Herfindahl–Hirschman, over the holder distribution

Volume excluded as not genuine
not computed

the newest trade reading is anchored more than 48h0m0s ago, so it was not used

Volume to supply, 30 day
not computed

the newest trade reading is anchored more than 48h0m0s ago, so it was not used

Last genuine trade
not computed

the newest trade reading is anchored more than 48h0m0s ago, so it was not used