Skip to content
keel
Ledger
65,275,883
Methodology
1.0.8-draft
Age
4s

SHX against USDC — what depth stands behind this price?

All assets

SHX / USDC

GDST…J6JH

Risk band

Critical

partial confidence

A floor: the real band can only be worse.

Max safe collateral
569.15 USDC (shortened; full value 569.1588887171723422659227110925474725546939133790375 USDC)Limited by liquidation depth
Depth within 5%
buy815.71 USDC (shortened; full value 815.7130513865098760205243470748 USDC)sell78.04 USDC (shortened; full value 78.044144716354703575836492477100416134089924558675 USDC)
Cost to move +50%
2,937.61 USDC (shortened; full value 2937.61814390357919393564481 USDC)Reachable through the order book
Checks
4 triggered3 not evaluated

History

Window
Resolution
Source

Cost to move the price 50%

The stored series carries one manipulation rung, the +50% move. A reading the engine could not produce breaks the line rather than sitting at zero.

Lower at the end of the window than at its start

Lowest
1,105.59 USDC (shortened; full value 1105.59817390258904781654133 USDC)
Highest
3,767.70 USDC (shortened; full value 3767.70744350544209109394911 USDC)
2026-10-27T00:54:08Z — 2026-11-03T00:09:44Z
Cost to move +50%
2,937.61 USDC (shortened; full value 2937.61814390357919393564481 USDC)
169 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
Nothing tradable within 2%nowZERO_DEPTH_2PCT101 of 169

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.

569.15 USDC (shortened; full value 569.1588887171723422659227110925474725546939133790375 USDC)

Limited by liquidation depth

Liquidation termbinds
569.15 USDC (shortened; full value 569.1588887171723422659227110925474725546939133790375 USDC)

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

Manipulation term
734.40 USDC (shortened; full value 734.4045359758947984839112025 USDC)

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