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keel
Ledger
65,295,137
Methodology
1.0.8-draft
Age
6s

GOLD against USDC — what depth stands behind this price?

All assets

GOLD / USDC

GBCB…LXAU

Risk band

High

partial confidence

A floor: the real band can only be worse.

Max safe collateral
59.23 USDC (shortened; full value 59.23405648856804932690905071347159127863717694769 USDC)Limited by liquidation depth
Depth within 5%
buy10.24 USDC (shortened; full value 10.2456781701267466682838831244 USDC)sell17.74 USDC (shortened; full value 17.747257227555340554272529367757331832877911287695 USDC)
Cost to move +50%
Not reachableThe order book cannot reach the target
Checks
4 triggered3 not evaluated

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
2.12 USDC (shortened; full value 2.1244859331997549548686480178992008012009739772465 USDC)
Highest
59.90 USDC (shortened; full value 59.905087590747389816483509782634450789203009712542 USDC)
2026-10-28T23:53:43Z — 2026-11-04T02:53:44Z
Max safe collateral
59.90 USDC (shortened; full value 59.905087590747389816483509782634450789203009712542 USDC)
8 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.
Thin depth at 5%nowTHIN_DEPTH_5PCTthroughout
Supply is concentratednowHOLDER_CONCENTRATION_HIGHthroughout
Price sources disagreenowPRICE_SOURCE_CONFLICT1 of 8
Extreme spreadnowSPREAD_EXTREME1 of 8
Nothing tradable within 2%ZERO_DEPTH_2PCT7 of 8

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.

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
4.12 USDC (shortened; full value 4.1283353418022642798493893848 USDC)
Sell side
7.99 USDC (shortened; full value 7.9903628300846075963197443788098042364133767825 USDC)

5% from mid

Buy side
10.24 USDC (shortened; full value 10.2456781701267466682838831244 USDC)
Sell side
17.74 USDC (shortened; full value 17.747257227555340554272529367757331832877911287695 USDC)

10% from mid

Buy side
20.25 USDC (shortened; full value 20.2501801629465895787192786291 USDC)
Sell side
118.46 USDC (shortened; full value 118.46811297713609865381810142694318255727435389538 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.