USDC / XLMGA5ZSE…KZVN · Stellar
- 5% buy depth
- 441,038.99XLM
- Max safe collateral
- 419,502.28XLM
0 triggered flags
Know how much
a price can
actually support.
Measure how much can trade on Stellar before the price moves, what it costs to move it, and how much collateral the market can support.
USDC / XLMGA5ZSE…KZVN · Stellar
Executable buy depth at +5%441,038.99XLM
Volume the market can absorb before the price moves.
Price rangeBuy depth · XLM
±2%
184,220.42
±5%
441,038.99
±10%
852,119.77
Values rounded to 2 decimals. Exact amounts in the sample response.
Buy-side sources at +5%XLM
SDEX 76.6%AMM 23.4%
Max safe collateral419,502.28XLMCalculated collateral limit
- Ledger
- 61234567
- Method
- 1.0.8-draft
- Source
- Horizon
- Confidence
- Full
Price is not
liquidity.
A quote tells you the price.
Depth tells you how much can trade near it.
Compare Stellar markets.
Compare executable depth, collateral capacity, and the findings that deserve a closer look.
| Asset / quote | Risk & confidence | 5% buy depth | Max safe collateral | Triggered flags |
|---|---|---|---|---|
USDC / XLMGA5ZSE…KZVN · Stellar | LOWFull confidence | 441,038.99XLM | 419,502.28XLM | None triggered |
RWAX / XLMGDAHBQ…2FJ5 · Stellar | HIGHFull confidence | 2,710.99XLM | 2,677.94XLM | 4 flagsthin depth 5pct |
USTRY / XLMGBTVRM…UJZE · Stellar | CRITICALFull confidence | 0.00XLMNo executable price | Not available | 6 flagsno executable price |
LOWFull confidence
RWAX / XLMGDAHBQ…2FJ5 · Stellar
- 5% buy depth
- 2,710.99XLM
- Max safe collateral
- 2,677.94XLM
4 triggered flags
USTRY / XLMGBTVRM…UJZE · Stellar
- 5% buy depth
- 0.00XLM
- Max safe collateral
- Not available
No executable price · 6 triggered flags
Depth, collateral,
and price movement.
Read the calculations behind a USDC/XLM result.
Executable depth
USDC / XLM · sampleHow much can trade before the price moves? Measure both directions at each range.
Price rangeBuy depth · XLMSell depth · XLM
±2%
184,220.42
176,905.22±5%
441,038.99
428,771.00±10%
852,119.77
839,004.55Values rounded to 2 decimals. Exact amounts in the sample response.
Buy: price moves upSell: price moves down
Risk assessment
LOWFull confidenceNo flags triggered
Full confidence: all required checks evaluated.Manipulation resistance
+50% price targetCombined venues
3,910,442.12XLMReachableThe cost only makes sense together with whether the target can be reached.
Max safe collateral
A conservative recommendation constrained by liquidation depth and manipulation resistance.
Inspect the methodologyUSDC/XLM sample throughout. Amounts rounded to 2 decimals; exact values in the source response.
From Stellar liquidity
to risk calculations.
Keel combines orderbook offers and pool reserves, then calculates depth, price targets, and collateral limits.
SDEXOrderbook liquidity
AMM poolsPool reserves
Market observationsTrades & supporting data
Keel engineDepth simulation & risk rules
Executable depthManipulation costSafe collateralFlags & confidence
DashboardAPIHistorical backtest
Why this market
is marked critical.
See what triggered a finding and what the available data could not establish.
Unevaluated checks may conceal additional risk.
USTRY / USDCGCRYUG…MYWC · Stellar
Historical sampleCRITICALPartial confidence
The reference price is unreliable. A 196.08% spread separates the bid and ask. Midpoint depth is not meaningful here.
Triggered 4
ZERO_DEPTH_2PCTNo executable depth within ±2% on at least one side.
MANIPULATION_CHEAPA defined price target is reachable at low cost.
SPREAD_EXTREMEThe bid and ask are too far apart for a meaningful reference price.
THIN_DEPTH_5PCTDepth at ±5% falls below the methodology threshold.
Not evaluated 6
MANIPULATION_RATIO_LOWNO_GENUINE_TRADE_30DNO_GENUINE_TRADE_7DWASH_TRADE_SUSPECTEDHOLDER_CONCENTRATION_EXTREMEHOLDER_CONCENTRATION_HIGH- Ledger
- 61340263
- Method
- 1.0.8-draft
- Source
- Reconstructed from posted offers
- Confidence
- Partial
Query an asset.
Get its risk result.
Inspect the same depth, collateral, and risk evidence through one read-only API contract.
Responses include decimal amounts, confidence, and the ledger used for the calculation.
View API contractContract preview. A deployed API is not connected to this page.
GET
/v1/asset/USDC:GA5ZSEJYB37JRC5AVCIA5MOP4RHTM335X2KGX3IHOJAPP5RE34K4KZVN/depth?quote=XLM200 OKSelected fields · application/json
{ "band": "LOW", "bandConfidence": "full", "depth": [ { "delta": 0.05, "buySide": "441038.9920700", "sellSide": "428771.0044300", "fromSdex": "337920.1180600", "fromAmm": "103118.8740100" } ], "maxSafeCollateral": "419502.2756400", "ledgerSeq": 61234567, "methodologyVersion": "1.0.8-draft", "dataSource": "horizon"}Blend / USTRY · February 2026The February
The February
USTRY incident.
Historical evidence includes its limits. The February trade stream did not establish an actionable advance warning.
Movement within a trade leg
Largest observed daily price span · USTRY / USDC
Observed movement× No within-leg observationGaps are not interpolated
Inspect exact observations
| Date (UTC) | Maximum within-leg move (%) |
|---|---|
| 2026-02-01 | 0.000099874100140462623987 |
| 2026-02-02 | 0.0012501192043795093533 |
| 2026-02-03 | 0.044369570178304953945 |
| 2026-02-04 | 0.00024588175848873264216 |
| 2026-02-05 | 0.039443018858765913246 |
| 2026-02-06 | 0.00025493099904198230138 |
| 2026-02-07 | 0.0010478926788688783779 |
| 2026-02-08 | 0.15739375921253033859 |
| 2026-02-09 | 0.00039777968990199122701 |
| 2026-02-10 | 0.0020516161771109487971 |
| 2026-02-11 | Not available |
| 2026-02-12 | Not available |
| 2026-02-13 | Not available |
| 2026-02-14 | Not available |
| 2026-02-15 | 0.00011782723236872660389 |
| 2026-02-16 | Not available |
| 2026-02-17 | Not available |
| 2026-02-18 | Not available |
| 2026-02-19 | 0.000009458948164964055997 |
| 2026-02-20 | Not available |
| 2026-02-21 | Not available |
| 2026-02-22 | 0.39196451642944242464 |
| 2026-02-23 | 0.022140556194779885722 |
| 2026-02-24 | 0.00012169280219998152551 |
| 2026-02-25 | 0.21018917025323734376 |
| 2026-02-26 | 0.000095314130116958650073 |
| 2026-02-27 | 0.00067170373157718006942 |
| 2026-02-28 | 0.0003824054379989333424 |
Sources and methodology
Each result records its ledger, data source, and methodology version.
- Ledger
- 61234567
- Method
- 1.0.8-draft
- Source
- Horizon
- Confidence
- Full
Methodology 1.0.8-draft · Thresholds are chosen, not empirically calibrated. Inspect methodology parameters.
Questions about Keel
How is Keel different from a price feed?
A price feed reports a price. Keel measures the volume available near that price, the cost and reachability of price targets, and the resulting collateral constraints.
Is the data on this page live?
The product previews use unchanged examples from the backend API contract. The February chart uses archived trade observations. Both are labeled; neither is a live market recommendation.
What does partial confidence mean?
Some HIGH or CRITICAL checks could not be evaluated. The reported band is a floor: missing evidence could make the finding worse. It does not mean the asset is clear.
Does Keel need a wallet?
No. Keel is read-only. It never signs or submits a Stellar transaction. You can inspect the sample data and contract without connecting a wallet.
Does the backtest prove Keel would have prevented the incident?
No. An event marker is historical context, not proof of prediction or prevention. The published February trade analysis did not establish an actionable advance warning.
Can I use the result as a financial guarantee?
No. Keel is a proof of concept. Its thresholds are chosen rather than empirically calibrated, and its results should not be the sole basis for a financial decision.