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keel
Ledger
65,277,138
Methodology
1.0.8-draft
Age
3s

GYEN against USDC — what depth stands behind this price?

All assets

GYEN / USDC

GDF6…5TOB

Risk band

Critical

partial confidence

A floor: the real band can only be worse.

Max safe collateral
0.33 USDC (shortened; full value 0.3345902251975 USDC)Limited by manipulation cost
Depth within 5%
buy5.56 USDC (shortened; full value 5.5602603520125480178585524804 USDC)sell0 USDC
Cost to move +50%
1.33 USDC (shortened; full value 1.33836090079 USDC)Reachable through the order book
Checks
6 triggered3 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.

Higher at the end of the window than at its start

Lowest
0 USDC
Highest
8.19 USDC (shortened; full value 8.1944741629326273591972562204 USDC)
2026-10-04T02:53:47Z — 2026-10-24T21:53:48ZOne scale across every line on this chart
2% from mid
3.32 USDC (shortened; full value 3.3264237384095599076751303706 USDC)
5% from mid
4.87 USDC (shortened; full value 4.870200291033557496492066014 USDC)
10% from mid
7.39 USDC (shortened; full value 7.3949467190911360222269128685 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.
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
Nothing tradable within 2%nowZERO_DEPTH_2PCT358 of 500
Price sources disagreePRICE_SOURCE_CONFLICT21 of 500
Extreme spreadSPREAD_EXTREME18 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
1.33 USDC (shortened; full value 1.33836090079 USDC)

The target is reachable through the order book

Genuine volume in the oracle window
0.20 USDC (shortened; full value 0.2022844 USDC)

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

Cost against genuine volume
6.6162 (shortened; full value 6.6162338805661731700516698272)

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
1.54 USDC (shortened; full value 1.54064530079 USDC)

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