What depth stands behind this price?
PAYBO against USDC · GDNUDY…MAXD3D
How much can this asset safely back?
- Low
- Medium
- High — this asset
- Critical
Highpartial 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.
20.79 USDC (shortened; full value 20.793725810216099004863692603106986438352497655268 USDC)
Limited by liquidation depth
- Liquidation termbinds
- 20.79 USDC (shortened; full value 20.793725810216099004863692603106986438352497655268 USDC)
Sell-side depth at the liquidation delta, times the haircut.
- Manipulation term
- not applicable
Not applied: the critical target is not reachable through the order book.
These bands come from thresholds that were chosen, not calibrated
The thresholds were chosen based on the magnitude of the Blend incident of February 2026 and on conservative judgement, not calibrated against a set of incidents. Every flag is reported separately so that consumers can apply their own thresholds.
Where this number comes from
- Source
- GET /asset/{assetId}/depth → maxSafeCollateral, maxSafeCollateralLiquidation, maxSafeCollateralManipulation
- What it is
- Awaiting methodology copy.
- What it does not account for
- Awaiting methodology copy.
What this computation could not do
- maxReachablePrice and costToMaxReachablePrice are null because an active pool is present: under a constant product curve the price tends to infinity as the base reserve tends to zero, so every target is reachable and a highest price has no meaning
- manipulation to delta 0.5 is unreachable through the order book; the manipulation term was not applied
Served by the engine with this response and shown as written.
Where does the price come from?
- Mid price
- 0.00009658 USDC (shortened; full value 0.0000965813758096 USDC)
Source: AMM pool spot
- Spread
- not computed
Undefined unless the price came from a two-sided book
- Pool spot price
- 0.00009658 USDC (shortened; full value 0.0000965813758096 USDC)
Reported whenever an active pool exists, whichever source won
- Divergence between the two
- not computed
Null means there is no pool to diverge from, not that the sources agree
Where this number comes from
- Source
- GET /asset/{assetId}/depth → midPrice, priceSource, spreadPct, poolSpotPrice, priceDivergencePct
- What it is
- Awaiting methodology copy.
- What it does not account for
- Awaiting methodology copy.
What volume can it absorb before the price moves?
- SDEX
- AMM
- Sell side, composition not reported
2% from mid
5% from mid
10% from mid
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.
Where this number comes from
- Source
- GET /asset/{assetId}/depth → depth[]
- What it is
- Awaiting methodology copy.
- What it does not account for
- Awaiting methodology copy.
What would it cost to move the price?
| Move | Target price | Cost, all venues | Cost, order book only |
|---|---|---|---|
| 0.5% | 0.000144 USDC (shortened; full value 0.0001448720637144 USDC) | 183.23 USDC (shortened; full value 183.2327269299607017401394972895 USDC) | unreachablebook ends at 0 USDC |
| 1% | 0.000193 USDC (shortened; full value 0.0001931627516192 USDC) | 337.70 USDC (shortened; full value 337.7050612770333974052329870034 USDC) | unreachablebook ends at 0 USDC |
| 10% | 0.001062 USDC (shortened; full value 0.0010623951339056 USDC) | 1,888.72 USDC (shortened; full value 1888.7259806287816379956639848076 USDC) | unreachablebook ends at 0 USDC |
| 100% | 0.009754 USDC (shortened; full value 0.0097547189567696 USDC) | 7,378.29 USDC (shortened; full value 7378.2924529819150240044469075787 USDC) | unreachablebook ends at 0 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.
How far the book actually goes
- Furthest price the book reaches
- not computed
Null by structure, not by failure: an active pool means every target is reachable and a highest price has no meaning
- Cost to walk it that far
- not computed
Null for the same reason as the price above
Against genuine volume
Not reported for this asset. Without it there is no comparison between the cost of an attack and the genuine trading it would have to hide inside.
Where this number comes from
- Source
- GET /asset/{assetId}/depth → manipulationCostCombined[], manipulationCostOrderbookOnly[], oracleResistance
- What it is
- Awaiting methodology copy.
- What it does not account for
- Awaiting methodology copy.
Which checks fired, and which could not run?
Triggered(3)
- HOLDER_CONCENTRATION_EXTREME
- THIN_DEPTH_5PCT
- HOLDER_CONCENTRATION_HIGH
Could not be evaluated(5)
- PRICE_SOURCE_CONFLICT
- SPREAD_EXTREME
- NO_GENUINE_TRADE_30D
- NO_GENUINE_TRADE_7D
- WASH_TRADE_SUSPECTED
Where this number comes from
- Source
- GET /asset/{assetId}/depth → flags[], unevaluatedFlags[], bandConfidence
- What it is
- Awaiting methodology copy.
- What it does not account for
- Awaiting methodology copy.
Who holds it, and is it genuinely traded?
- Largest holder
- 63.6061 % (shortened; full value 63.60618073762578220055165328 %)
- Top ten holders
- 93.1042 % (shortened; full value 93.10422200174522441771665347 %)
- Concentration index
- 4,171.87 (shortened; full value 4171.8797538332223903962969698338622055208751509574122779)
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
Where this number comes from
- Source
- GET /asset/{assetId}/depth → holderTop1Pct, holderTop10Pct, holderHhi, volumeToSupply, lastGenuineTrade, tradesExcludedPct
- What it is
- Awaiting methodology copy.
- What it does not account for
- Awaiting methodology copy.
How has this moved over time?
This source is a lower bound, not a measurement
Trades-implied rebuilds the book from trades that happened, so every figure below is a floor: the real value is at least this, and may be more. It is not comparable with a direct reading.
No readings were stored in this range from this source
The engine accepted the request and returned nothing for Trades implied. The series is as old as the deployment, and the reconstruction sources are not populated in production, so a window can reach back further than anything that was recorded. It is not empty because the figures were zero.
Where this number comes from
- Source
- GET /asset/{assetId}/history → points[], gaps[], dataSource
- What it is
- Awaiting methodology copy.
- What it does not account for
- Awaiting methodology copy.
What was this computed from?
- Ledger
- 64,489,414
Closed at 2026-09-18T12:00:48Z
- Computed at
- 2026-09-18T12:00:53.582953Z
- Data source
- horizon
- Methodology
- 1.0.8-draft
The version that produced these figures, not the one this page was built against