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Keel
Ledger
64,492,835
Methodology
1.0.8-draft
Age
7s

SOLS against USDC — what depth stands behind this price?

How has this moved over time?

Price

Mid price
0.00000116 USDC (shortened; full value 0.0000011664833924 USDC)

Higher than at the start of the window

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.

2% from mid
2.09 USDC (shortened; full value 2.0962553033357395695264893761 USDC)
5% from mid
5.20 USDC (shortened; full value 5.2024739809589148930776710028 USDC)
10% from mid
10.28 USDC (shortened; full value 10.2824853228975394414937513904 USDC)

Higher than at the start of the window

Cost to move the price by half

One manipulation rung, at the delta the engine treats as critical. A reading it could not produce breaks the line rather than sitting at zero.

Manipulation cost, 0.5%
0 USDC

Unchanged across the window

Collateral ceiling

Max safe collateral
0 USDC

Unchanged across the window

2026-09-17T16:45:53Z2026-09-18T16:30:53Z

Which checks were firing

Whether a finding has been there all along or started recently. Only checks that fired at least once appear.

MANIPULATION_CHEAPthroughout
THIN_DEPTH_5PCTthroughout

25 readings from horizon, with no gaps reported. One source per chart.

How much can this asset safely back?

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

Risk band

Critical

partial confidence

A band marked partial is a floor. At least one high-severity check could not be evaluated, so the real band can only be worse than the one shown, never better.

0 USDC

Limited by manipulation cost

Liquidation term
5.37 USDC (shortened; full value 5.373021735199163315671569275762379650111485499466 USDC)

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

Manipulation termbinds
0 USDC

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

What volume can it absorb before the price moves?

Three rungs at 2, 5 and 10 per cent, in each direction. The buy side matters for oracle manipulation and the sell side for liquidation.
  • SDEX
  • AMM
  • Sell side, composition not reported

2% from mid

Buy side
2.09 USDC (shortened; full value 2.0962553033357395695264893761 USDC)
Sell side
2.10 USDC (shortened; full value 2.1046398913736061025560642518457629120231144705 USDC)

5% from mid

Buy side
5.20 USDC (shortened; full value 5.2024739809589148930776710028 USDC)
Sell side
5.30 USDC (shortened; full value 5.302287314395126863988327384116569781729171534623 USDC)

10% from mid

Buy side
10.28 USDC (shortened; full value 10.2824853228975394414937513904 USDC)
Sell side
10.74 USDC (shortened; full value 10.746043470398326631343138551524759300222970998932 USDC)

Bars share one scale. The venue split decomposes the buy side; the sell side is drawn as an outline because its composition is not reported.

What would it cost to move the price?

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
0.5%0.000001 USDC (shortened; full value 0.0000017497250886 USDC)47.34 USDC (shortened; full value 47.3466579957880258739462848523 USDC)free to reach
1%0.000002 USDC (shortened; full value 0.0000023329667848 USDC)87.26 USDC (shortened; full value 87.2617370686301545378993201817 USDC)free to reach
10%0.000012 USDC (shortened; full value 0.0000128313173164 USDC)488.03 USDC (shortened; full value 488.0397980802427788441464863327 USDC)free to reach
100%0.000117 USDC (shortened; full value 0.0001178148226324 USDC)3,169.61 USDC (shortened; full value 3169.6104427132124599323889928681 USDC)1,263.08 USDC (shortened; full value 1263.087 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.

Who holds it, and is it genuinely traded?

Concentration and wash trading bound how much of the depth above is real.
Largest holder
not computed
Top ten holders
not computed
Concentration index
not computed

Herfindahl–Hirschman, over the holder distribution

Volume excluded as not genuine
not computed

Of 30 day volume. A high share indicates suspected wash trading

Volume to supply, 30 day
not computed
Last genuine trade
not computed

No genuine trade was found in the window