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keel
Ledger
65,279,657
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%
buy20.53 USDC (shortened; full value 20.5360559001936348064326762891 USDC)sell20.93 USDC (shortened; full value 20.930055409375784230109309221534620159643774307216 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
8.27 USDC (shortened; full value 8.274681670285912082239540566 USDC)
Highest
40.69 USDC (shortened; full value 40.6985058127416063950216549316 USDC)
2026-11-02T23:53:44Z — 2026-11-03T05:23:44ZOne scale across every line on this chart
2% from mid
8.27 USDC (shortened; full value 8.274681670285912082239540566 USDC)
5% from mid
20.53 USDC (shortened; full value 20.5360559001936348064326762891 USDC)
10% from mid
40.58 USDC (shortened; full value 40.5887072490506432338239720621 USDC)
2 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%8.206027 USDC (shortened; full value 8.2060272715685304 USDC)186.89 USDC (shortened; full value 186.8944696018714032125095316166 USDC)free to reach
+100%10.941369 USDC (shortened; full value 10.9413696954247072 USDC)388.23 USDC (shortened; full value 388.2304615737127780299832500819 USDC)unreachablebook ends at 43.77 USDC (shortened; full value 43.776665755 USDC)
+1,000%60.177533 USDC (shortened; full value 60.1775333248358896 USDC)1,970.24 USDC (shortened; full value 1970.247151062022841527400986283 USDC)unreachablebook ends at 43.77 USDC (shortened; full value 43.776665755 USDC)
+10,000%552.539169 USDC (shortened; full value 552.5391696189477136 USDC)7,569.51 USDC (shortened; full value 7569.5177147033318608072411372207 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