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keel
Ledger
65,275,708
Methodology
1.0.8-draft
Age
3s

RCW against USDC — what depth stands behind this price?

All assets

RCW / USDC

GCED…FYXG

Risk band

High

partial confidence

A floor: the real band can only be worse.

Max safe collateral
7.58 USDC (shortened; full value 7.581804279200023326744079402595645403068732204442 USDC)Limited by liquidation depth
Depth within 5%
buy7.34 USDC (shortened; full value 7.3411464600745737617391146431 USDC)sell7.48 USDC (shortened; full value 7.481991815977426714097441707649291581850500736151 USDC)
Cost to move +50%
Not reachableThe order book cannot reach the target
Checks
3 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
2.99 USDC (shortened; full value 2.9992787283919591056296602888 USDC)
Highest
16.60 USDC (shortened; full value 16.6018410682913356533547169954 USDC)
2026-10-04T00:54:07Z — 2026-10-24T19:54:03ZOne scale across every line on this chart
2% from mid
3.01 USDC (shortened; full value 3.0110368976038461834997288552 USDC)
5% from mid
7.47 USDC (shortened; full value 7.4727735169299445195275193243 USDC)
10% from mid
14.76 USDC (shortened; full value 14.7696431141029466995153086119 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.
One holder owns most of itnowHOLDER_CONCENTRATION_EXTREMEthroughout
Thin depth at 5%nowTHIN_DEPTH_5PCTthroughout
Supply is concentratednowHOLDER_CONCENTRATION_HIGHthroughout

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.

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

7.58 USDC (shortened; full value 7.581804279200023326744079402595645403068732204442 USDC)

Limited by liquidation depth

Liquidation termbinds
7.58 USDC (shortened; full value 7.581804279200023326744079402595645403068732204442 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.