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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

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.

Lower at the end of the window than at its start

Lowest
5.92 USDC (shortened; full value 5.9280459986625650741673728282 USDC)
Highest
89.52 USDC (shortened; full value 89.5279818289161434359438759503 USDC)
2026-10-05T03:53:47Z — 2026-10-25T22:53:43ZOne scale across every line on this chart
2% from mid
20.00 USDC (shortened; full value 20.0004467214529207809980569866 USDC)
5% from mid
26.54 USDC (shortened; full value 26.5453330598711082653074645002 USDC)
10% from mid
87.67 USDC (shortened; full value 87.6727322544270503171687273805 USDC)
500 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_CONFLICT0 of 500
Extreme spreadnowSPREAD_EXTREME0 of 500
Nothing tradable within 2%ZERO_DEPTH_2PCT269 of 500

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.

An averaging oracle makes an attacker outweigh genuine trading as well as move the book. A market with no genuine volume has no such defence.

Cost of a 50% move, order book only
50.39 USDC (shortened; full value 50.3991307999966030891 USDC)

NOT reachable through the order book: this is the cost of exhausting the book, not of reaching the target

Genuine volume in the oracle window
2.71 USDC (shortened; full value 2.7169643 USDC)

Over the last 900 seconds (15 minutes), after the genuine-trade filter

Cost against genuine volume
not computed

Below 1, moving the price is cheaper than all genuine trading across the window. Not computed when there was no genuine volume or the target is unreachable

Total attack cost
not computed

The move, plus the genuine volume an averaging oracle forces an attacker to outweigh