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keel
Ledger
65,275,156
Methodology
1.0.8-draft
Age
4s

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
7.30 USDC (shortened; full value 7.307948354377048448009933753419062227419834962842 USDC)Limited by liquidation depth
Depth within 5%
buy0.86 USDC (shortened; full value 0.8607781465327861179907058353 USDC)sell9.28 USDC (shortened; full value 9.283250017791212972289364156286145359235373217532 USDC)
Cost to move +50%
168.60 USDC (shortened; full value 168.60975458551597985464146 USDC)Reachable through the order book
Checks
4 triggered3 not evaluated

History

Window
Resolution
Source

Buy-side depth

What an order can absorb before the price moves against a buyer. The rungs are nested, so one scale covers all three.

Higher at the end of the window than at its start

Lowest
0.58 USDC (shortened; full value 0.5889424706258274887519217977 USDC)
Highest
17.90 USDC (shortened; full value 17.9075941541970687249043042767 USDC)
2026-10-03T23:53:37Z — 2026-10-24T19:08:38ZOne scale across every line on this chart
2% from mid
3.70 USDC (shortened; full value 3.7005139365873073151455949996 USDC)
5% from mid
10.94 USDC (shortened; full value 10.9418356937430865672551751261 USDC)
10% from mid
16.07 USDC (shortened; full value 16.0792557258427130343216574572 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
0.59138513 USDC (shortened; full value 0.591385134808418 USDC)

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

Book against pool
3.9724 % (shortened; full value 3.972438341104232662637743 %)

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