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Keel
Ledger
64,492,654
Methodology
1.0.8-draft
Age
5s

LSP against USDC — what depth stands behind this price?

How has this moved over time?

Price

Mid price
0.00020711 USDC (shortened; full value 0.0002071153506939 USDC)

Higher than at the start of the window

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.

2% from mid
21.60 USDC (shortened; full value 21.6067779995132630282362484027 USDC)
5% from mid
53.62 USDC (shortened; full value 53.6235735103205171462954448876 USDC)
10% from mid
105.98 USDC (shortened; full value 105.9848851910178165736429787877 USDC)

Higher than at the start of the window

Cost to move the price by half

One manipulation rung, at the delta the engine treats as critical. A reading it could not produce breaks the line rather than sitting at zero.

Manipulation cost, 0.5%
0 USDC

Unchanged across the window

Collateral ceiling

Max safe collateral
0 USDC

Unchanged across the window

2026-09-11T17:48:07Z2026-09-18T16:15:48Z

Which checks were firing

Whether a finding has been there all along or started recently. Only checks that fired at least once appear.

MANIPULATION_CHEAPthroughout
PRICE_SOURCE_CONFLICTthroughout
SPREAD_EXTREMEthroughout
THIN_DEPTH_5PCTthroughout

168 readings from horizon, with no gaps reported. One source per chart.

How much can this asset safely back?

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

Risk band

Critical

partial confidence

A band marked partial is a floor. At least one high-severity check could not be evaluated, so the real band can only be worse than the one shown, never better.

0 USDC

Limited by manipulation cost

Liquidation term
55.38 USDC (shortened; full value 55.383541749446639364047447630303632849556329579164 USDC)

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

Manipulation termbinds
0 USDC

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

What volume can it absorb before the price moves?

Three rungs at 2, 5 and 10 per cent, in each direction. The buy side matters for oracle manipulation and the sell side for liquidation.
  • SDEX
  • AMM
  • Sell side, composition not reported

2% from mid

Buy side
21.60 USDC (shortened; full value 21.6075885845063350673505408259 USDC)
Sell side
21.69 USDC (shortened; full value 21.694014473797824997519457780846621447243885407 USDC)

5% from mid

Buy side
53.62 USDC (shortened; full value 53.6255852153495288900997995904 USDC)
Sell side
54.65 USDC (shortened; full value 54.654431959687326614305935090736005549146523493642 USDC)

10% from mid

Buy side
105.98 USDC (shortened; full value 105.9888612469309303813186294162 USDC)
Sell side
110.76 USDC (shortened; full value 110.767083498893278728094895260607265699112659158328 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.

What would it cost to move the price?

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
0.5%0.000310 USDC (shortened; full value 0.00031069630150215 USDC)488.03 USDC (shortened; full value 488.0355485309234283881033423551 USDC)free to reach
1%0.000414 USDC (shortened; full value 0.0004142617353362 USDC)899.46 USDC (shortened; full value 899.4685479139556152372873631917 USDC)free to reach
10%0.002278 USDC (shortened; full value 0.0022784395443491 USDC)11,524.57 USDC (shortened; full value 11524.5756464562748512307605326776 USDC)6,494.00 USDC (shortened; full value 6494.00367700066862222418265 USDC)
100%0.020920 USDC (shortened; full value 0.0209202176344781 USDC)28,835.49 USDC (shortened; full value 28835.4938135088638487323893770017 USDC)9,183.60 USDC (shortened; full value 9183.60593930282262222418265 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.

Who holds it, and is it genuinely traded?

Concentration and wash trading bound how much of the depth above is real.
Largest holder
not computed
Top ten holders
not computed
Concentration index
not computed

Herfindahl–Hirschman, over the holder distribution

Volume excluded as not genuine
not computed

Of 30 day volume. A high share indicates suspected wash trading

Volume to supply, 30 day
not computed
Last genuine trade
not computed

No genuine trade was found in the window