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keel
Ledger
65,275,154
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%
buy5.69 USDC (shortened; full value 5.6981170062119448822887573662 USDC)sell5.80 USDC (shortened; full value 5.80743961979563678776123748076235083746337369788 USDC)
Cost to move +50%
0 USDCReachable at no cost: nothing stands in the way
Checks
3 triggered5 not evaluated

Every stored reading from this source, whenever it was taken

A reconstruction is written where a replay ran rather than on the scan's cadence, so there is no window to choose: the engine returns the readings it holds and the axis below is labelled from them.

No readings were stored in this range from this source

The engine holds no stored reading for Offers implied on this asset. A reconstruction exists only where keel replay has been run, and it has been run on one pair.

Checks

What fires now, how long it has been firing across the window above, and what could not run.

Triggered3

  • Cheap to move the price
  • Cheap next to real trading
  • Thin depth at 5%

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
2.29 USDC (shortened; full value 2.2959668874879639301518027294 USDC)
Sell side
2.30 USDC (shortened; full value 2.30515028059353453060695160695429666857525498 USDC)

5% from mid

Buy side
5.69 USDC (shortened; full value 5.6981170062119448822887573662 USDC)
Sell side
5.80 USDC (shortened; full value 5.80743961979563678776123748076235083746337369788 USDC)

10% from mid

Buy side
11.26 USDC (shortened; full value 11.2621042794197293241626804515 USDC)
Sell side
11.76 USDC (shortened; full value 11.76982590826591123825954535020590596190500115792 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.