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keel
Ledger
65,278,214
Methodology
1.0.8-draft
Age
1s

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%
buy16.47 USDC (shortened; full value 16.4702311870027153245255162619 USDC)sell56.85 USDC (shortened; full value 56.851338952450121435871492906195025894854038933418 USDC)
Cost to move +50%
0 USDCReachable at no cost: nothing stands in the way
Checks
7 triggered3 not evaluated

Cost to move the price 50%

The stored series carries one manipulation rung, the +50% move. A reading the engine could not produce breaks the line rather than sitting at zero.

Lower at the end of the window than at its start

Lowest
0 USDC
Highest
55.41 USDC (shortened; full value 55.4130605 USDC)
2026-10-04T03:53:27Z — 2026-10-24T23:23:23Z
Cost to move +50%
0 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
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_2PCT0 of 501
Price sources disagreePRICE_SOURCE_CONFLICTthroughout

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.

Both price sources, not only the one that won, and the pair that set the band.

Price used
0.00141666 USDC (shortened; full value 0.00141666666666665 USDC)

Order book mid

AMM pool spot price
0.00145521 USDC (shortened; full value 0.0014552102262816 USDC)

The pool with the largest quote reserve, reported whichever source set the price

Book against pool
2.6486 % (shortened; full value 2.64865920530518424750683419 %)

Past the methodology threshold, the pool price is used and PRICE_SOURCE_CONFLICT fires

Spread
195.2941 % (shortened; full value 195.29411764706347404844290663 %)

Best ask minus best bid, over the mid