What depth stands behind this price?
AFR against USDC · GBX6YI…RQN54W
How much can this asset safely back?
- Low
- Medium
- High
- Critical — this asset
Criticalpartial confidence
A band marked partial is a floor. At least one high-severity check could not be evaluated, so the real band can only be worse than the one shown, never better.
25.74 USDC (shortened; full value 25.743534584217562763472424144028488065003676555476 USDC)
Limited by liquidation depth
- Liquidation termbinds
- 25.74 USDC (shortened; full value 25.743534584217562763472424144028488065003676555476 USDC)
Sell-side depth at the liquidation delta, times the haircut.
- Manipulation term
- 55.65 USDC (shortened; full value 55.6518373500075 USDC)
Order-book-only manipulation cost at the critical delta, times the safety margin.
These bands come from thresholds that were chosen, not calibrated
The thresholds were chosen based on the magnitude of the Blend incident of February 2026 and on conservative judgement, not calibrated against a set of incidents. Every flag is reported separately so that consumers can apply their own thresholds.
Where this number comes from
- Source
- GET /asset/{assetId}/depth → maxSafeCollateral, maxSafeCollateralLiquidation, maxSafeCollateralManipulation
- What it is
- Awaiting methodology copy.
- What it does not account for
- Awaiting methodology copy.
What this computation could not do
- maxReachablePrice and costToMaxReachablePrice are null because an active pool is present: under a constant product curve the price tends to infinity as the base reserve tends to zero, so every target is reachable and a highest price has no meaning
Served by the engine with this response and shown as written.
Where does the price come from?
- Mid price
- 0.00050247 USDC (shortened; full value 0.0005024778929785 USDC)
Source: AMM pool spot
- Spread
- 37.9742 % (shortened; full value 37.97424357237631992061806166 %)
Undefined unless the price came from a two-sided book
- Pool spot price
- 0.00050247 USDC (shortened; full value 0.0005024778929785 USDC)
Reported whenever an active pool exists, whichever source won
- Divergence between the two
- 14.8496 % (shortened; full value 14.84961200794413189869588718 %)
PRICE_SOURCE_CONFLICT is triggered: the two sources disagree past the threshold and the pool was taken
Where this number comes from
- Source
- GET /asset/{assetId}/depth → midPrice, priceSource, spreadPct, poolSpotPrice, priceDivergencePct
- What it is
- Awaiting methodology copy.
- What it does not account for
- Awaiting methodology copy.
What volume can it absorb before the price moves?
SPREAD_EXTREME is triggered, so this ladder is not meaningful
The spread is past the threshold at which the engine says the mid price, and every figure derived from it including these rungs, stops describing an executable market.
- SDEX
- AMM
- Sell side, composition not reported
2% from mid
5% from mid
10% from mid
Bars share one scale. The venue split decomposes the buy side; the sell side is drawn as an outline because its composition is not reported.
Where this number comes from
- Source
- GET /asset/{assetId}/depth → depth[]
- What it is
- Awaiting methodology copy.
- What it does not account for
- Awaiting methodology copy.
What would it cost to move the price?
Every target price below is measured from the same unreliable mid
SPREAD_EXTREME is triggered. A target price is the mid price moved by the delta, so when the mid sits between quotes that are far apart, the targets describe a market that is not there. Reachability and the furthest price the book reaches are the readings that still mean something here.
| Move | Target price | Cost, all venues | Cost, order book only |
|---|---|---|---|
| 0.5% | 0.000753 USDC (shortened; full value 0.00075371683946775 USDC) | 446.74 USDC (shortened; full value 446.7431572759671042232865525868 USDC) | 222.60 USDC (shortened; full value 222.60734940003 USDC) |
| 1% | 0.001004 USDC (shortened; full value 0.001004955785957 USDC) | 635.69 USDC (shortened; full value 635.6983839620672212661040877101 USDC) | 222.60 USDC (shortened; full value 222.60734940003 USDC) |
| 10% | 0.005527 USDC (shortened; full value 0.0055272568227635 USDC) | 20,387.37 USDC (shortened; full value 20387.3767327227667537496896054583 USDC) | 18,077.03 USDC (shortened; full value 18077.0300462036136187150426 USDC) |
| 100% | 0.050750 USDC (shortened; full value 0.0507502671908285 USDC) | 93,047.88 USDC (shortened; full value 93047.8864675122116218632892418771 USDC) | 84,022.53 USDC (shortened; full value 84022.5362072054902987150426 USDC) |
Reachability on the all-venues ladder is unconditionally true whenever an active pool exists, because a constant product curve has no upper price bound. The order-book-only column is the one that answers whether a target is attainable, and it is the one Keel itself uses.
How far the book actually goes
- Furthest price the book reaches
- not computed
Null by structure, not by failure: an active pool means every target is reachable and a highest price has no meaning
- Cost to walk it that far
- not computed
Null for the same reason as the price above
Against genuine volume
Not reported for this asset. Without it there is no comparison between the cost of an attack and the genuine trading it would have to hide inside.
Where this number comes from
- Source
- GET /asset/{assetId}/depth → manipulationCostCombined[], manipulationCostOrderbookOnly[], oracleResistance
- What it is
- Awaiting methodology copy.
- What it does not account for
- Awaiting methodology copy.
Which checks fired, and which could not run?
Triggered(4)
- MANIPULATION_CHEAP
- PRICE_SOURCE_CONFLICT
- SPREAD_EXTREME
- THIN_DEPTH_5PCT
Could not be evaluated(6)
- MANIPULATION_RATIO_LOW
- NO_GENUINE_TRADE_30D
- HOLDER_CONCENTRATION_EXTREME
- NO_GENUINE_TRADE_7D
- HOLDER_CONCENTRATION_HIGH
- WASH_TRADE_SUSPECTED
Where this number comes from
- Source
- GET /asset/{assetId}/depth → flags[], unevaluatedFlags[], bandConfidence
- What it is
- Awaiting methodology copy.
- What it does not account for
- Awaiting methodology copy.
Who holds it, and is it genuinely traded?
- Largest holder
- not computed
- Top ten holders
- not computed
- Concentration index
- not computed
Herfindahl–Hirschman, over the holder distribution
- Volume excluded as not genuine
- not computed
Of 30 day volume. A high share indicates suspected wash trading
- Volume to supply, 30 day
- not computed
- Last genuine trade
- not computed
No genuine trade was found in the window
Where this number comes from
- Source
- GET /asset/{assetId}/depth → holderTop1Pct, holderTop10Pct, holderHhi, volumeToSupply, lastGenuineTrade, tradesExcludedPct
- What it is
- Awaiting methodology copy.
- What it does not account for
- Awaiting methodology copy.
How has this moved over time?
No readings were stored in this range from this source
The engine accepted the request and returned nothing for Hubble. The series is as old as the deployment, and the reconstruction sources are not populated in production, so a window can reach back further than anything that was recorded. It is not empty because the figures were zero.
Where this number comes from
- Source
- GET /asset/{assetId}/history → points[], gaps[], dataSource
- What it is
- Awaiting methodology copy.
- What it does not account for
- Awaiting methodology copy.
What was this computed from?
- Ledger
- 64,489,410
Closed at 2026-09-18T12:00:28Z
- Computed at
- 2026-09-18T12:00:32.62166Z
- Data source
- horizon
- Methodology
- 1.0.8-draft
The version that produced these figures, not the one this page was built against