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keel
Ledger
65,275,153
Methodology
1.0.8-draft
Age
7s

AMM against USDC — what depth stands behind this price?

All assets

AMM / USDC

GARQ…BDOQ

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%
buy13.77 USDC (shortened; full value 13.7724635392947426889842562291 USDC)sell59.53 USDC (shortened; full value 59.532745606750067352491717865587750161060151439912 USDC)
Cost to move +50%
0 USDCReachable at no cost: nothing stands in the way
Checks
7 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
0.00141666 USDC (shortened; full value 0.00141666666666665 USDC)
Highest
0.00164529 USDC (shortened; full value 0.0016452996490299 USDC)
2026-10-26T23:53:28Z — 2026-11-02T23:08:24Z
Mid price
0.00141666 USDC (shortened; full value 0.00141666666666665 USDC)
169 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
Extreme spreadnowSPREAD_EXTREMEthroughout
One holder owns most of itnowHOLDER_CONCENTRATION_EXTREMEthroughout
Thin depth at 5%nowTHIN_DEPTH_5PCTthroughout
Supply is concentratednowHOLDER_CONCENTRATION_HIGHthroughout
Nothing tradable within 2%nowZERO_DEPTH_2PCT71 of 169
Price sources disagreePRICE_SOURCE_CONFLICT98 of 169

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.

Read cost together with reachability: a figure on an unreachable rung says how far the book goes, not what the move costs.

Cost to move the price by each delta, through all venues and through the order book alone, with whether the target is reachable at all.
MoveTarget priceCost, all venuesCost, order book only
+50%0.002124 USDC (shortened; full value 0.002124999999999975 USDC)308.40 USDC (shortened; full value 308.4097280655074075069930826215 USDC)free to reach
+100%0.002833 USDC (shortened; full value 0.0028333333333333 USDC)642.87 USDC (shortened; full value 642.8759956991790581592481419524 USDC)55.41 USDC (shortened; full value 55.4130605 USDC)
+1,000%0.015583 USDC (shortened; full value 0.01558333333333315 USDC)3,444.78 USDC (shortened; full value 3444.784594452242915554340150047 USDC)55.41 USDC (shortened; full value 55.4130605 USDC)
+10,000%0.143083 USDC (shortened; full value 0.14308333333333165 USDC)13,361.64 USDC (shortened; full value 13361.6485841019714045238599716298 USDC)55.41 USDC (shortened; full value 55.4130605 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.

Highest price the book can reach
not computed

Absorbing every ask. Not computed when an active pool exists, because a constant product curve has no highest price

Cost to reach it
not computed

Every ask below that price. Catches an attack that lands between two rungs of the ladder