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keel
Ledger
65,277,316
Methodology
1.0.8-draft
Age
3s

EURC against USDC — what depth stands behind this price?

All assets

EURC / USDC

GAQR…Z7NM

Risk band

Critical

partial confidence

A floor: the real band can only be worse.

Max safe collateral
7.24 USDC (shortened; full value 7.249108758781437137754839248210666258160311247472 USDC)Limited by liquidation depth
Depth within 5%
buy0.97 USDC (shortened; full value 0.9791798623980541804080398247 USDC)sell9.16 USDC (shortened; full value 9.165566319023185241620915088541419425961199033144 USDC)
Cost to move +50%
172.40 USDC (shortened; full value 172.40617655663263985464146 USDC)Reachable through the order book
Checks
4 triggered3 not evaluated

History

Window
Resolution
Source

Collateral ceiling

The most this asset could back at each reading: the lower of the liquidation and manipulation limits.

Higher at the end of the window than at its start

Lowest
24.90 USDC (shortened; full value 24.9075824460471445517894175 USDC)
Highest
38.77 USDC (shortened; full value 38.7762483019623326535271696285293378857896120063 USDC)
2026-10-04T02:53:37Z — 2026-10-24T22:08:38Z
Max safe collateral
34.48 USDC (shortened; full value 34.4835910617600245042438056219370716614531289449575 USDC)
501 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
Thin depth at 5%nowTHIN_DEPTH_5PCTthroughout
Supply is concentratednowHOLDER_CONCENTRATION_HIGHthroughout
Nothing tradable within 2%nowZERO_DEPTH_2PCT141 of 501

Not evaluated3

  • 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.

Both price sources, not only the one that won, and the pair that set the band.

Price used
0.56789272 USDC (shortened; full value 0.56789272496969745 USDC)

Order book mid

AMM pool spot price
0.59071241 USDC (shortened; full value 0.5907124118142367 USDC)

The pool with the largest quote reserve, reported whichever source set the price

Book against pool
3.8630 % (shortened; full value 3.86307895147384052967270388 %)

Past the methodology threshold, the pool price is used and PRICE_SOURCE_CONFLICT fires

Spread
13.0684 % (shortened; full value 13.06841007068107123504235187 %)

Best ask minus best bid, over the mid