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keel
Ledger
64,751,952
Methodology
1.0.8-draft
Age
6s

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%
buy20.12 USDC (shortened; full value 20.1251516970035975325976406606 USDC)sell20.51 USDC (shortened; full value 20.511267703376610642867587970465944663402536518586 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.

Higher at the end of the window than at its start

Lowest
7.97 USDC (shortened; full value 7.9743238640542502723299982422 USDC)
Highest
41.51 USDC (shortened; full value 41.5186411235320963563983116709 USDC)
2026-09-11T17:48:07Z — 2026-10-02T10:39:02ZOne scale across every line on this chart
2% from mid
8.28 USDC (shortened; full value 8.2899929432732228762314991619 USDC)
5% from mid
20.57 USDC (shortened; full value 20.5740553266972134941089884461 USDC)
10% from mid
40.66 USDC (shortened; full value 40.6638116218416731120628308276 USDC)
498 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
Thin depth at 5%nowTHIN_DEPTH_5PCTthroughout
Cheap next to real tradingnowMANIPULATION_RATIO_LOW480 of 498
No genuine trade in 30 daysNO_GENUINE_TRADE_30D197 of 498
No genuine trade in 7 daysNO_GENUINE_TRADE_7D197 of 498

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.

An averaging oracle makes an attacker outweigh genuine trading as well as move the book. A market with no genuine volume has no such defence.

Cost of a 50% move, order book only
0 USDC

The target is reachable through the order book

Genuine volume in the oracle window
0 USDC

Over the last 900 seconds (15 minutes), after the genuine-trade filter

Cost against genuine volume
not computed

Below 1, moving the price is cheaper than all genuine trading across the window. Not computed when there was no genuine volume or the target is unreachable

Total attack cost
0 USDC

The move, plus the genuine volume an averaging oracle forces an attacker to outweigh