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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

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
0.00000241 USDC (shortened; full value 0.0000024120206871 USDC)
2026-11-02T23:53:29Z — 2026-11-03T00:23:29Z
Mid price
0.00000239 USDC (shortened; full value 0.0000023989467371 USDC)
2 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.

Volume each side can absorb before the price moves 2, 5 or 10 per cent. Buy side bears on oracle manipulation, sell side on liquidation.

  • SDEX
  • AMM
  • Sell side, composition not reported

2% from mid

Buy side
2.28 USDC (shortened; full value 2.2894957959058329501495500288 USDC)
Sell side
2.29 USDC (shortened; full value 2.2986533059822776921331410946862595805387034995 USDC)

5% from mid

Buy side
5.68 USDC (shortened; full value 5.6820570894971883434084589057 USDC)
Sell side
5.79 USDC (shortened; full value 5.791071581631763010603938271595744981839424425197 USDC)

10% from mid

Buy side
11.23 USDC (shortened; full value 11.2303624853212217326985274436 USDC)
Sell side
11.73 USDC (shortened; full value 11.736653120899862639598630968772150395736934029948 USDC)

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.