Skip to content
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

Buy-side depth

What an order can absorb before the price moves against a buyer. The rungs are nested, so one scale covers all three.

Lower at the end of the window than at its start

Lowest
0 USDC
Highest
77.27 USDC (shortened; full value 77.278169896704435123585172406 USDC)
2026-10-26T23:53:28Z — 2026-11-02T23:08:24ZOne scale across every line on this chart
2% from mid
0 USDC
5% from mid
13.70 USDC (shortened; full value 13.7022830067705857418557988394 USDC)
10% from mid
49.21 USDC (shortened; full value 49.2175116747931426308365812768 USDC)
8 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_2PCT3 of 8
Price sources disagreePRICE_SOURCE_CONFLICT5 of 8

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
0.00146047 USDC (shortened; full value 0.0014604748428925 USDC)

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

Book against pool
2.9995 % (shortened; full value 2.99958444604817840600776386 %)

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