Keel — Stellar liquidity risk

yXLM / USDC

GARD…5T55

Risk band

Critical

partial confidence

A floor: the real band can only be worse.

Max safe collateral: 40.59 USDC (shortened; full value 40.5998914102855605822550525 USDC)Limited by manipulation cost
Depth within 5%: buy768.89 USDC (shortened; full value 768.8988996810744379012914776232 USDC)sell725.21 USDC (shortened; full value 725.218308022851227764753929042874601971968475703846 USDC)
Cost to reach the critical move: The engine sent no critical rung
Checks: 3 triggered3 not evaluated

History

Window

Resolution

Source

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

Lower at the end of the window than at its start

Lowest: 0.06 USDC (shortened; full value 0.063606728108785347628385 USDC)
Highest: 324.96 USDC (shortened; full value 324.96490815292533482744342 USDC)

2026-09-26T23:52:06Z — 2026-10-03T17:24:42Z

Max safe collateral: 40.65 USDC (shortened; full value 40.65393150888848730271766 USDC)

8 readings from horizon, with no gaps reported. One source per chart.

What fires now, how long it has been firing across the window above, and what could not run.

Cheap to move the pricenowMANIPULATION_CHEAP

throughout

Cheap next to real tradingnowMANIPULATION_RATIO_LOW

throughout

Thin depth at 5%nowTHIN_DEPTH_5PCT

throughout

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.

40.59 USDC (shortened; full value 40.5998914102855605822550525 USDC)

Limited by manipulation cost

Liquidation term: 675.66 USDC (shortened; full value 675.667002532646858346372454624060202449282702139382 USDC)
Sell-side depth at the liquidation delta, times the haircut.
Manipulation termbinds: 40.59 USDC (shortened; full value 40.5998914102855605822550525 USDC)
Order-book-only manipulation cost at the critical delta, times the safety margin.