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keel
Ledger
65,275,163
Methodology
1.0.8-draft
Age
3s

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
575.45 USDC (shortened; full value 575.454381717023667370914102194154618984088316889571 USDC)Limited by liquidation depth
Depth within 5%
buy803.04 USDC (shortened; full value 803.0447012886185197602432750073 USDC)sell90.63 USDC (shortened; full value 90.635632778507661116015047580722083661872348585594 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

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 USDC
Highest
2,801.84 USDC (shortened; full value 2801.8493228112875883824976901825 USDC)
2026-10-26T23:54:13Z — 2026-11-02T23:09:09ZOne scale across every line on this chart
2% from mid
575.38 USDC (shortened; full value 575.3868990792753257002887430504 USDC)
5% from mid
839.00 USDC (shortened; full value 839.0035439066571450817734029777 USDC)
10% from mid
1,270.37 USDC (shortened; full value 1270.3718983280748528126472243308 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.

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%0.006849 USDC (shortened; full value 0.006849163199126475 USDC)7,317.34 USDC (shortened; full value 7317.3408850294949420086256130634 USDC)2,937.61 USDC (shortened; full value 2937.61814390357919393564481 USDC)
+100%0.009132 USDC (shortened; full value 0.0091322175988353 USDC)15,238.82 USDC (shortened; full value 15238.8293662512174931988634287501 USDC)7,471.60 USDC (shortened; full value 7471.60749290885860785422629 USDC)
+1,000%0.050227 USDC (shortened; full value 0.05022719679359415 USDC)243,242.18 USDC (shortened; full value 243242.1872115016268797602728938561 USDC)unreachablebook ends at 201,461.87 USDC (shortened; full value 201461.87140414399764929122119 USDC)
+10,000%0.461176 USDC (shortened; full value 0.46117698874118265 USDC)363,625.56 USDC (shortened; full value 363625.5667981591073429413675321356 USDC)unreachablebook ends at 201,461.87 USDC (shortened; full value 201461.87140414399764929122119 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