Skip to content
Keel
Ledger
64,490,671
Methodology
1.0.8-draft
Age
6s

What depth stands behind this price?

DicInu against USDC · GDMNBJ…CFCNEA

How much can this asset safely back?

The ceiling is the lower of two independent limits. Which one binds is the part a lender acts on, so both are shown.
  1. Low
  2. Medium
  3. High
  4. Critical — this asset

Criticalpartial 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.

0 USDC

Limited by manipulation cost

Liquidation term
8.95 USDC (shortened; full value 8.952717812518945398456450133888722429275732617902 USDC)

Sell-side depth at the liquidation delta, times the haircut.

Manipulation termbinds
0 USDC

Order-book-only manipulation cost at the critical delta, times the safety margin.

These bands come from thresholds that were chosen, not calibrated

The thresholds were chosen based on the magnitude of the Blend incident of February 2026 and on conservative judgement, not calibrated against a set of incidents. Every flag is reported separately so that consumers can apply their own thresholds.

Every threshold, as the engine serves it

Where this number comes from
Source
GET /asset/{assetId}/depth → maxSafeCollateral, maxSafeCollateralLiquidation, maxSafeCollateralManipulation
What it is
Awaiting methodology copy.
What it does not account for
Awaiting methodology copy.

What this computation could not do

  • maxReachablePrice and costToMaxReachablePrice are null because an active pool is present: under a constant product curve the price tends to infinity as the base reserve tends to zero, so every target is reachable and a highest price has no meaning

Served by the engine with this response and shown as written.

Where does the price come from?

Two venues can disagree. Both readings are shown, not only the one that won.
Mid price
0.00000578 USDC (shortened; full value 0.0000057842949239 USDC)

Source: AMM pool spot

Spread
15,353.6431 % (shortened; full value 15353.64312650240728158456547057 %)

Undefined unless the price came from a two-sided book

Pool spot price
0.00000578 USDC (shortened; full value 0.0000057842949239 USDC)

Reported whenever an active pool exists, whichever source won

Divergence between the two
7,609.6691 % (shortened; full value 7609.66912764750425315013733994 %)

PRICE_SOURCE_CONFLICT is triggered: the two sources disagree past the threshold and the pool was taken

Where this number comes from
Source
GET /asset/{assetId}/depth → midPrice, priceSource, spreadPct, poolSpotPrice, priceDivergencePct
What it is
Awaiting methodology copy.
What it does not account for
Awaiting methodology copy.

What volume can it absorb before the price moves?

Three rungs at 2, 5 and 10 per cent, in each direction. The buy side matters for oracle manipulation and the sell side for liquidation.
  • SDEX
  • AMM
  • Sell side, composition not reported

2% from mid

Buy side
3.49 USDC (shortened; full value 3.4928543227018105959480098684 USDC)
Sell side
3.50 USDC (shortened; full value 3.5068250182204019671535917410140032124622578635 USDC)

5% from mid

Buy side
8.66 USDC (shortened; full value 8.6685451453456236471488718685 USDC)
Sell side
8.83 USDC (shortened; full value 8.834857632475018146331277536832698544839144293781 USDC)

10% from mid

Buy side
17.13 USDC (shortened; full value 17.1330387339028972772383131923 USDC)
Sell side
17.90 USDC (shortened; full value 17.905435625037890796912900267777444858551465235804 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.

Where this number comes from
Source
GET /asset/{assetId}/depth → depth[]
What it is
Awaiting methodology copy.
What it does not account for
Awaiting methodology copy.

What would it cost to move the price?

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
0.5%0.000008 USDC (shortened; full value 0.00000867644238585 USDC)78.89 USDC (shortened; full value 78.8906669826493608452516741294 USDC)free to reach
1%0.000011 USDC (shortened; full value 0.0000115685898478 USDC)145.39 USDC (shortened; full value 145.3985757563126376303957125122 USDC)free to reach
10%0.000063 USDC (shortened; full value 0.0000636272441629 USDC)813.18 USDC (shortened; full value 813.1890784784218829857485431208 USDC)free to reach
100%0.000584 USDC (shortened; full value 0.0005842137873139 USDC)3,176.71 USDC (shortened; full value 3176.7164226687862057820923029796 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.

How far the book actually goes

Furthest price the book reaches
not computed

Null by structure, not by failure: an active pool means every target is reachable and a highest price has no meaning

Cost to walk it that far
not computed

Null for the same reason as the price above

Against genuine volume

Not reported for this asset. Without it there is no comparison between the cost of an attack and the genuine trading it would have to hide inside.

Where this number comes from
Source
GET /asset/{assetId}/depth → manipulationCostCombined[], manipulationCostOrderbookOnly[], oracleResistance
What it is
Awaiting methodology copy.
What it does not account for
Awaiting methodology copy.

Which checks fired, and which could not run?

An unevaluated check is not a check that came back clear. The two never share a treatment.

Triggered(6)

  • MANIPULATION_CHEAP
  • MANIPULATION_RATIO_LOW
  • PRICE_SOURCE_CONFLICT
  • SPREAD_EXTREME
  • THIN_DEPTH_5PCT
  • HOLDER_CONCENTRATION_HIGH

Could not be evaluated(3)

  • NO_GENUINE_TRADE_30D
  • NO_GENUINE_TRADE_7D
  • WASH_TRADE_SUSPECTED
Where this number comes from
Source
GET /asset/{assetId}/depth → flags[], unevaluatedFlags[], bandConfidence
What it is
Awaiting methodology copy.
What it does not account for
Awaiting methodology copy.

Who holds it, and is it genuinely traded?

Concentration and wash trading bound how much of the depth above is real.
Largest holder
41.8504 % (shortened; full value 41.85040823181937128979970129 %)
Top ten holders
81.0436 % (shortened; full value 81.04362814463340662734355413 %)
Concentration index
2,052.11 (shortened; full value 2052.1175745899338403065565474339681934586059614294715167)

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

Where this number comes from
Source
GET /asset/{assetId}/depth → holderTop1Pct, holderTop10Pct, holderHhi, volumeToSupply, lastGenuineTrade, tradesExcludedPct
What it is
Awaiting methodology copy.
What it does not account for
Awaiting methodology copy.

How has this moved over time?

A single reading cannot separate a thin asset from one that just got thin. This is a stored series, not the historical replay that health reports as unavailable — those are different endpoints.

No readings were stored in this range from this source

The engine accepted the request and returned nothing for Offers implied. The series is as old as the deployment, and the reconstruction sources are not populated in production, so a window can reach back further than anything that was recorded. It is not empty because the figures were zero.

Where this number comes from
Source
GET /asset/{assetId}/history → points[], gaps[], dataSource
What it is
Awaiting methodology copy.
What it does not account for
Awaiting methodology copy.

What was this computed from?

Ledger
64,490,671

Closed at 2026-09-18T13:45:33Z

Computed at
2026-09-18T13:45:39.75177Z
Data source
horizon
Methodology
1.0.8-draft

The version that produced these figures, not the one this page was built against