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keel
Ledger
65,274,261
Methodology
1.0.8-draft
Age
6s

Ral against USDC — what depth stands behind this price?

All assets

Ral / USDC

GDIP…UTHV

Risk band

Critical

partial confidence

A floor: the real band can only be worse.

Max safe collateral
0 USDCLimited by manipulation cost
Depth within 5%
buy2.38 USDC (shortened; full value 2.3802993927790782141919403202 USDC)sell2.42 USDC (shortened; full value 2.425967207330200576787669318145058793052610750256 USDC)
Cost to move +50%
0 USDCReachable at no cost: nothing stands in the way
Checks
3 triggered5 not evaluated

History

Window
Resolution
Source

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
0.94 USDC (shortened; full value 0.9484812650897252849707775017 USDC)
Highest
4.79 USDC (shortened; full value 4.7966351837042132200955366765 USDC)
2026-10-26T22:54:03Z — 2026-11-02T21:54:04ZOne scale across every line on this chart
2% from mid
0.95 USDC (shortened; full value 0.9591043115068657967816490746 USDC)
5% from mid
2.38 USDC (shortened; full value 2.3802993927790782141919403202 USDC)
10% from mid
4.70 USDC (shortened; full value 4.7045681842778801589120127808 USDC)
168 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
Thin depth at 5%nowTHIN_DEPTH_5PCTthroughout

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.

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
+50%0.000004 USDC (shortened; full value 0.0000041541407742 USDC)21.66 USDC (shortened; full value 21.6626208396183687518884855961 USDC)free to reach
+100%0.000005 USDC (shortened; full value 0.0000055388543656 USDC)39.92 USDC (shortened; full value 39.9250549868244045630636590702 USDC)free to reach
+1,000%0.000030 USDC (shortened; full value 0.0000304636990108 USDC)231.73 USDC (shortened; full value 231.7323480199394476938209137759 USDC)8.43 USDC (shortened; full value 8.438423 USDC)
+10,000%0.000279 USDC (shortened; full value 0.0002797121454628 USDC)1,947.85 USDC (shortened; full value 1947.8552260277481889197066654626 USDC)unreachablebook ends at 1,075.55 USDC (shortened; full value 1075.5593511000124 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.

Highest price the book can reach
not computed

Absorbing every ask. Not computed when an active pool exists, because a constant product curve has no highest price

Cost to reach it
not computed

Every ask below that price. Catches an attack that lands between two rungs of the ladder