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keel
Ledger
65,278,943
Methodology
1.0.8-draft
Age
3s

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
29.85 USDC (shortened; full value 29.85154480049411 USDC)Limited by manipulation cost
Depth within 5%
buy6.18 USDC (shortened; full value 6.1868173990172300398891971397 USDC)sell168.36 USDC (shortened; full value 168.365540484388826535311887271493971483882792205372 USDC)
Cost to move +50%
119.40 USDC (shortened; full value 119.40617920197644 USDC)Reachable through the order book
Checks
5 triggered3 not evaluated

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
86.73 USDC (shortened; full value 86.733540768084804 USDC)
Highest
543.36 USDC (shortened; full value 543.367143252969754 USDC)
2026-10-04T04:54:17Z — 2026-10-25T00:24:13Z
Cost to move +50%
119.96 USDC (shortened; full value 119.966594413382747 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 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_2PCT111 of 501
Price sources disagreePRICE_SOURCE_CONFLICT15 of 501
Extreme spreadSPREAD_EXTREME15 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.

The ceiling is the lower of two independent limits. Which one binds is the part a lender acts on, so both are shown.

29.85 USDC (shortened; full value 29.85154480049411 USDC)

Limited by manipulation cost

Liquidation term
87.27 USDC (shortened; full value 87.279084139607630764967522024096115822756985118745 USDC)

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

Manipulation termbinds
29.85 USDC (shortened; full value 29.85154480049411 USDC)

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