Skip to content
keel
Ledger
65,276,603
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
556.71 USDC (shortened; full value 556.712691279758097390255127299661872940022400056545 USDC)Limited by liquidation depth
Depth within 5%
buy840.75 USDC (shortened; full value 840.7584129053892799031433242425 USDC)sell53.15 USDC (shortened; full value 53.150751368919389946126190899108101709665378458086 USDC)
Cost to move +50%
2,937.61 USDC (shortened; full value 2937.61814090281576358407589 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
36,846.17 USDC (shortened; full value 36846.1719183224735704710955538361 USDC)
2026-10-04T01:54:12Z — 2026-10-24T21:09:13ZOne scale across every line on this chart
2% from mid
733.17 USDC (shortened; full value 733.178256634709333142878025219 USDC)
5% from mid
1,020.15 USDC (shortened; full value 1020.1593958887066678398748333976 USDC)
10% from mid
3,094.76 USDC (shortened; full value 3094.7635492836064732091241808296 USDC)
501 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 next to real tradingnowMANIPULATION_RATIO_LOWthroughout
Thin depth at 5%nowTHIN_DEPTH_5PCTthroughout
Cheap to move the pricenowMANIPULATION_CHEAP320 of 501
Nothing tradable within 2%nowZERO_DEPTH_2PCT267 of 501
Extreme spreadSPREAD_EXTREME8 of 501
Price sources disagreePRICE_SOURCE_CONFLICT5 of 501

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.

Concentration and wash trading bound how much of the depth is real.

Largest holder
43.7843 % (shortened; full value 43.78436036245057779543221415 %)
Top ten holders
65.2478 % (shortened; full value 65.24783451548130201474817643 %)
Concentration index
1,986.11 (shortened; full value 1986.1193384316780062362849342221028531544498736207399131)

Herfindahl–Hirschman, over the holder distribution

Volume excluded as not genuine
not computed

the newest trade reading is anchored more than 48h0m0s ago, so it was not used

Volume to supply, 30 day
not computed

the newest trade reading is anchored more than 48h0m0s ago, so it was not used

Last genuine trade
not computed

the newest trade reading is anchored more than 48h0m0s ago, so it was not used