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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
8.58 USDC (shortened; full value 8.5810548843861387491251290242 USDC)
Highest
45.78 USDC (shortened; full value 45.7813440830697643106026902527 USDC)
2026-10-04T23:53:47Z — 2026-10-25T01:23:43ZOne scale across every line on this chart
2% from mid
8.59 USDC (shortened; full value 8.5933342977919938210211883841 USDC)
5% from mid
21.32 USDC (shortened; full value 21.3268861015181489019552070582 USDC)
10% from mid
42.15 USDC (shortened; full value 42.1517520557686569391988350528 USDC)
22 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_CHEAP19 of 22
Cheap next to real tradingnowMANIPULATION_RATIO_LOW19 of 22
Price sources disagreePRICE_SOURCE_CONFLICT1 of 22
Extreme spreadSPREAD_EXTREME1 of 22

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.

Both price sources, not only the one that won, and the pair that set the band.

Price used
5.47068484 USDC (shortened; full value 5.4706848477123536 USDC)

AMM pool spot price, because the book and the pool disagree or the book is one-sided

AMM pool spot price
5.47068484 USDC (shortened; full value 5.4706848477123536 USDC)

The pool with the largest quote reserve, reported whichever source set the price

Book against pool
not computed

Past the methodology threshold, the pool price is used and PRICE_SOURCE_CONFLICT fires

Spread
not computed

Best ask minus best bid, over the mid