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keel
Ledger
65,277,318
Methodology
1.0.8-draft
Age
6s

IDRT against USDC — what depth stands behind this price?

All assets

IDRT / USDC

GDPK…VBVT

Risk band

Critical

partial confidence

A floor: the real band can only be worse.

Max safe collateral
147.81 USDC (shortened; full value 147.81934340000045 USDC)Limited by manipulation cost
Depth within 5%
buy277.00 USDC (shortened; full value 277.0014988900820374177370703382 USDC)sell102.32 USDC (shortened; full value 102.325617462554412697165542766660360469987640725814 USDC)
Cost to move +50%
591.27 USDC (shortened; full value 591.2773736000018 USDC)Reachable through the order book
Checks
3 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
23.24 USDC (shortened; full value 23.2448113703490276736587298873 USDC)
Highest
509.04 USDC (shortened; full value 509.0453666767254062973288636082 USDC)
2026-10-04T23:53:52Z — 2026-10-24T22:08:48ZOne scale across every line on this chart
2% from mid
134.05 USDC (shortened; full value 134.0515533043733156098752862839 USDC)
5% from mid
247.84 USDC (shortened; full value 247.8439766009354082551042371784 USDC)
10% from mid
432.74 USDC (shortened; full value 432.7430223808449624746161601898 USDC)
21 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
Thin depth at 5%nowTHIN_DEPTH_5PCTthroughout
Nothing tradable within 2%nowZERO_DEPTH_2PCT6 of 21

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.

The ceiling is the lower of two independent limits. Which one binds is the part a lender acts on, so both are shown.

147.81 USDC (shortened; full value 147.81934340000045 USDC)

Limited by manipulation cost

Liquidation term
149.39 USDC (shortened; full value 149.393749538899996319609232909059844540818358597251 USDC)

Sell-side depth at the liquidation delta, times the haircut.

Manipulation termbinds
147.81 USDC (shortened; full value 147.81934340000045 USDC)

Order-book-only manipulation cost at the critical delta, times the safety margin.