Skip to content
keel
Ledger
65,276,054
Methodology
1.0.8-draft
Age
6s

BEER against USDC — what depth stands behind this price?

All assets

BEER / USDC

GBL2…SHNN

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%
buy5.68 USDC (shortened; full value 5.6820570894971883434084589057 USDC)sell5.79 USDC (shortened; full value 5.791071581631763010603938271595744981839424425197 USDC)
Cost to move +50%
0 USDCReachable at no cost: nothing stands in the way
Checks
3 triggered5 not evaluated

History

Window
Resolution
Source

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
0.00000239 USDC (shortened; full value 0.0000023989467371 USDC)
Highest
0.00000262 USDC (shortened; full value 0.0000026262372609 USDC)
2026-10-27T23:53:28Z — 2026-11-03T00:23:29Z
Mid price
0.00000239 USDC (shortened; full value 0.0000023989467371 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
Thin depth at 5%nowTHIN_DEPTH_5PCTthroughout

Not evaluated5

  • Price sources disagree
  • Extreme spread
  • 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%0.000003 USDC (shortened; full value 0.0000035984514315 USDC)51.71 USDC (shortened; full value 51.7112463634809773206543086051 USDC)free to reach
+100%0.000004 USDC (shortened; full value 0.000004797935242 USDC)95.30 USDC (shortened; full value 95.3058436365806436473295210252 USDC)free to reach
+1,000%0.000026 USDC (shortened; full value 0.000026388643831 USDC)533.02 USDC (shortened; full value 533.0290943862616366313218113789 USDC)free to reach
+10,000%0.000242 USDC (shortened; full value 0.000242295729721 USDC)2,082.27 USDC (shortened; full value 2082.273757371963284026873099211 USDC)free to reach

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