FRED against USDC — what depth stands behind this price?
How has this moved over time?
Price
- Mid price
- 0.00009819 USDC (shortened; full value 0.000098196725849 USDC)
Lower than at the start of the window
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.
- 2% from mid
- 0 USDC
- 5% from mid
- 0 USDC
- 10% from mid
- 17.36 USDC (shortened; full value 17.3666652909214872398903658435 USDC)
Lower than at the start of the window
Cost to move the price by half
One manipulation rung, at the delta the engine treats as critical. A reading it could not produce breaks the line rather than sitting at zero.
- Manipulation cost, 0.5%
- 0.0043 USDC (shortened; full value 0.004385900002416206328 USDC)
Unchanged across the window
Collateral ceiling
- Max safe collateral
- 0.0010 USDC (shortened; full value 0.001096475000604051582 USDC)
Unchanged across the window
2026-09-11T23:48:00Z — 2026-09-18T16:30:38Z
Which checks were firing
Whether a finding has been there all along or started recently. Only checks that fired at least once appear.
MANIPULATION_CHEAPSPREAD_EXTREMETHIN_DEPTH_5PCTPRICE_SOURCE_CONFLICTZERO_DEPTH_2PCT8 readings from horizon, with no gaps reported. One source per chart.
How much can this asset safely back?
Risk band
Critical
partial 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.
0.0010 USDC (shortened; full value 0.001096475000604051582 USDC)
Limited by manipulation cost
- Liquidation term
- 31.60 USDC (shortened; full value 31.6051400564908672963400402290982902898921280345975 USDC)
Sell-side depth at the liquidation delta, times the haircut.
- Manipulation termbinds
- 0.0010 USDC (shortened; full value 0.001096475000604051582 USDC)
Order-book-only manipulation cost at the critical delta, times the safety margin.
What volume can it absorb before the price moves?
- SDEX
- AMM
- Sell side, composition not reported
2% from mid
5% from mid
10% from mid
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.
What would it cost to move the price?
| Move | Target price | Cost, all venues | Cost, order book only |
|---|---|---|---|
| 0.5% | 0.000147 USDC (shortened; full value 0.0001472950887735 USDC) | 159.48 USDC (shortened; full value 159.4879976309275634856534653178 USDC) | 0.0043 USDC (shortened; full value 0.004385900002416206328 USDC) |
| 1% | 0.000196 USDC (shortened; full value 0.000196393451698 USDC) | 312.59 USDC (shortened; full value 312.5904469873243998222682291573 USDC) | 0.0043 USDC (shortened; full value 0.004385900002416206328 USDC) |
| 10% | 0.001080 USDC (shortened; full value 0.001080163984339 USDC) | 1,853.05 USDC (shortened; full value 1853.0537613375920807982237178354 USDC) | 3.20 USDC (shortened; full value 3.20147870007350763384427 USDC) |
| 100% | 0.009917 USDC (shortened; full value 0.009917869310749 USDC) | 7,687.42 USDC (shortened; full value 7687.4251708971372276945619557594 USDC) | 396.68 USDC (shortened; full value 396.68875600045750763384427 USDC) |
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.
Who holds it, and is it genuinely traded?
- Largest holder
- not computed
- Top ten holders
- not computed
- Concentration index
- not computed
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