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keel
Ledger
65,274,982
Methodology
1.0.8-draft
Age
9s

SLVR against USDC — what depth stands behind this price?

All assets

SLVR / USDC

GBZV…SLVR

Risk band

Critical

partial confidence

A floor: the real band can only be worse.

Max safe collateral
29.87 USDC (shortened; full value 29.87187172350244575 USDC)Limited by manipulation cost
Depth within 5%
buy6.28 USDC (shortened; full value 6.2863976546574187044180634977 USDC)sell227.93 USDC (shortened; full value 227.93375762553934748564593225992604224061586651265 USDC)
Cost to move +50%
119.48 USDC (shortened; full value 119.487486894009783 USDC)Reachable through the order book
Checks
5 triggered3 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.

Higher at the end of the window than at its start

Lowest
0 USDC
Highest
138.87 USDC (shortened; full value 138.873050422676502256969961926 USDC)
2026-10-26T23:54:13Z — 2026-11-02T22:54:14ZOne scale across every line on this chart
2% from mid
2.75 USDC (shortened; full value 2.7525664482017629718724985154 USDC)
5% from mid
6.28 USDC (shortened; full value 6.2863976546574187044180634977 USDC)
10% from mid
12.06 USDC (shortened; full value 12.065740473826824021857062661 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
One holder owns most of itnowHOLDER_CONCENTRATION_EXTREMEthroughout
Thin depth at 5%nowTHIN_DEPTH_5PCTthroughout
Supply is concentratednowHOLDER_CONCENTRATION_HIGHthroughout
Nothing tradable within 2%ZERO_DEPTH_2PCT9 of 168

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.

29.87 USDC (shortened; full value 29.87187172350244575 USDC)

Limited by manipulation cost

Liquidation term
117.06 USDC (shortened; full value 117.06345979771488862191083930977722934829709438486 USDC)

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

Manipulation termbinds
29.87 USDC (shortened; full value 29.87187172350244575 USDC)

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