BASH against USDC — what depth stands behind this price?
How has this moved over time?
Price
- Mid price
- 0.00000968 USDC (shortened; full value 0.0000096843849422 USDC)
Higher than at the start of the window
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.
- 2% from mid
- 25.46 USDC (shortened; full value 25.4621755141182818501493774089 USDC)
- 5% from mid
- 63.19 USDC (shortened; full value 63.1918761994390193633695743309 USDC)
- 10% from mid
- 124.89 USDC (shortened; full value 124.89625934223801333379181621 USDC)
Higher than at the start of the window
Cost to move the price by half
One manipulation rung, at the delta the engine treats as critical. A reading it could not produce breaks the line rather than sitting at zero.
No point in this range carried a value.
Not enough readings in this window to show a direction.
Collateral ceiling
- Max safe collateral
- 65.26 USDC (shortened; full value 65.263435348314508880051656309764793383024455980008 USDC)
Higher than at the start of the window
2026-09-17T23:45:28Z — 2026-09-18T15:30:28Z
Which checks were firing
Whether a finding has been there all along or started recently. Only checks that fired at least once appear.
THIN_DEPTH_5PCTHOLDER_CONCENTRATION_HIGH2 readings from horizon, with no gaps reported. One source per chart.
How much can this asset safely back?
Risk band
Medium
partial 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.
65.26 USDC (shortened; full value 65.263435348314508880051656309764793383024455980008 USDC)
Limited by liquidation depth
- Liquidation termbinds
- 65.26 USDC (shortened; full value 65.263435348314508880051656309764793383024455980008 USDC)
Sell-side depth at the liquidation delta, times the haircut.
- Manipulation term
- not applicable
Not applied: the critical target is not reachable through the order book.
What volume can it absorb before the price moves?
- 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.
What would it cost to move the price?
| Move | Target price | Cost, all venues | Cost, order book only |
|---|---|---|---|
| 0.5% | 0.000014 USDC (shortened; full value 0.0000145265774133 USDC) | 575.09 USDC (shortened; full value 575.0964178730112503263226414177 USDC) | unreachablebook ends at 0 USDC |
| 1% | 0.000019 USDC (shortened; full value 0.0000193687698844 USDC) | 1,059.92 USDC (shortened; full value 1059.925125232918031086145758884 USDC) | unreachablebook ends at 0 USDC |
| 10% | 0.000106 USDC (shortened; full value 0.0001065282343642 USDC) | 5,927.97 USDC (shortened; full value 5927.9778454560367120169559994843 USDC) | unreachablebook ends at 0 USDC |
| 100% | 0.000978 USDC (shortened; full value 0.0009781228791622 USDC) | 23,157.59 USDC (shortened; full value 23157.5965212334280517836435517363 USDC) | unreachablebook ends at 0 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.
Who holds it, and is it genuinely traded?
- Largest holder
- 30.1183 % (shortened; full value 30.11834646311862388983161962 %)
- Top ten holders
- 97.6434 % (shortened; full value 97.64340900702199573122929476 %)
- Concentration index
- 1,552.37 (shortened; full value 1552.3723827961565965822596740122250735918512894177049188)
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