Skip to content
keel
Ledger
65,275,873
Methodology
1.0.8-draft
Age
4s

AFR against USDC — what depth stands behind this price?

All assets

AFR / USDC

GBX6…N54W

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%
buy60.92 USDC (shortened; full value 60.9277282169557972327299499755 USDC)sell62.09 USDC (shortened; full value 62.096676506831127283893753597761065540305008669233 USDC)
Cost to move +50%
0 USDCReachable at no cost: nothing stands in the way
Checks
5 triggered3 not evaluated

Price

The midpoint the engine read at each scan. It says what the market quotes, not what it can absorb.

Lower at the end of the window than at its start

Lowest
0.00052019 USDC (shortened; full value 0.0005201991412041 USDC)
Highest
0.00069200 USDC (shortened; full value 0.00069200137746295 USDC)
2026-10-04T00:53:22Z — 2026-10-24T20:08:23Z
Mid price
0.00056354 USDC (shortened; full value 0.0005635478379425 USDC)
501 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
Extreme spreadnowSPREAD_EXTREME409 of 501
Price sources disagreenowPRICE_SOURCE_CONFLICT168 of 501
Nothing tradable within 2%ZERO_DEPTH_2PCT216 of 501

Not evaluated3

  • 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
33.0837 % (shortened; full value 33.08374671830506756260811631 %)
Top ten holders
54.6439 % (shortened; full value 54.64397626667811495960837377 %)
Concentration index
1,207.63 (shortened; full value 1207.6365128574829589935154243577843924479495070320016143)

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