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keel
Ledger
65,278,037
Methodology
1.0.8-draft
Age
6s

GQX against USDC — what depth stands behind this price?

All assets

GQX / USDC

GD7T…DAQF

Risk band

Critical

partial confidence

A floor: the real band can only be worse.

Max safe collateral
0 USDCLimited by manipulation cost
Depth within 5%
buy20.56 USDC (shortened; full value 20.5640778841331345890598803353 USDC)sell20.95 USDC (shortened; full value 20.958615015922669342547388294902013044280252179003 USDC)
Cost to move +50%
0 USDCReachable at no cost: nothing stands in the way
Checks
5 triggered5 not evaluated

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
8.28 USDC (shortened; full value 8.2859726892622988152819362478 USDC)
Highest
42.50 USDC (shortened; full value 42.5016962180698933763654544062 USDC)
2026-10-27T03:53:48Z — 2026-11-03T03:08:44ZOne scale across every line on this chart
2% from mid
8.28 USDC (shortened; full value 8.2859726892622988152819362478 USDC)
5% from mid
20.56 USDC (shortened; full value 20.5640778841331345890598803353 USDC)
10% from mid
40.64 USDC (shortened; full value 40.6440915988101913265321970664 USDC)
169 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
Cheap next to real tradingnowMANIPULATION_RATIO_LOWthroughout
One holder owns most of itnowHOLDER_CONCENTRATION_EXTREMEthroughout
Thin depth at 5%nowTHIN_DEPTH_5PCTthroughout
Supply is concentratednowHOLDER_CONCENTRATION_HIGHthroughout

Not evaluated5

  • Price sources disagree
  • Extreme spread
  • 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.

Read cost together with reachability: a figure on an unreachable rung says how far the book goes, not what the move costs.

Cost to move the price by each delta, through all venues and through the order book alone, with whether the target is reachable at all.
MoveTarget priceCost, all venuesCost, order book only
+50%8.228470 USDC (shortened; full value 8.22847097261675835 USDC)187.14 USDC (shortened; full value 187.1494919806094543484751734883 USDC)free to reach
+100%10.971294 USDC (shortened; full value 10.9712946301556778 USDC)388.70 USDC (shortened; full value 388.7004777628604076559246714656 USDC)unreachablebook ends at 43.77 USDC (shortened; full value 43.776665755 USDC)
+1,000%60.342120 USDC (shortened; full value 60.3421204658562279 USDC)1,972.87 USDC (shortened; full value 1972.8758702893933092173923753135 USDC)unreachablebook ends at 43.77 USDC (shortened; full value 43.776665755 USDC)
+10,000%554.050378 USDC (shortened; full value 554.0503788228617289 USDC)7,579.78 USDC (shortened; full value 7579.7867846664924087634298922363 USDC)unreachablebook ends at 43.77 USDC (shortened; full value 43.776665755 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.

Highest price the book can reach
not computed

Absorbing every ask. Not computed when an active pool exists, because a constant product curve has no highest price

Cost to reach it
not computed

Every ask below that price. Catches an attack that lands between two rungs of the ladder