Skip to content
keel
Ledger
65,278,757
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 20.5606381448112420110020131764 USDC)sell20.95 USDC (shortened; full value 20.955109282643070044548551450950575394382652045829 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
8.51 USDC (shortened; full value 8.516927086466457495011428951 USDC)
Highest
45.78 USDC (shortened; full value 45.7813440830697643106026902527 USDC)
2026-10-04T04:53:47Z — 2026-10-25T00:09:18ZOne scale across every line on this chart
2% from mid
8.58 USDC (shortened; full value 8.5814955136113372333965860085 USDC)
5% from mid
21.29 USDC (shortened; full value 21.2975046771429570429283174387 USDC)
10% from mid
42.09 USDC (shortened; full value 42.0936808254252715541235847371 USDC)
501 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.
One holder owns most of itnowHOLDER_CONCENTRATION_EXTREMEthroughout
Thin depth at 5%nowTHIN_DEPTH_5PCTthroughout
Supply is concentratednowHOLDER_CONCENTRATION_HIGHthroughout
Cheap to move the pricenowMANIPULATION_CHEAP428 of 501
Cheap next to real tradingnowMANIPULATION_RATIO_LOW428 of 501
Price sources disagreePRICE_SOURCE_CONFLICT28 of 501
Extreme spreadSPREAD_EXTREME28 of 501

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.

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
8.28 USDC (shortened; full value 8.2845867002459191981675585727 USDC)
Sell side
8.31 USDC (shortened; full value 8.3177233350990379585583684731508887256276410715 USDC)

5% from mid

Buy side
20.56 USDC (shortened; full value 20.5606381448112420110020131764 USDC)
Sell side
20.95 USDC (shortened; full value 20.955109282643070044548551450950575394382652045829 USDC)

10% from mid

Buy side
40.63 USDC (shortened; full value 40.637293089250815351184522699 USDC)
Sell side
42.46 USDC (shortened; full value 42.469315962354347373455370209630669214143028833436 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.