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Keel
Ledger
64,491,935
Methodology
1.0.8-draft
Age
6s

SOLS against USDC — what depth stands behind this price?

How has this moved over time?

Price

Mid price
0.00000116 USDC (shortened; full value 0.0000011681014639 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 2.0977065115016392138025364311 USDC)
5% from mid
5.20 USDC (shortened; full value 5.2060755807793346714920912731 USDC)
10% from mid
10.28 USDC (shortened; full value 10.2896037433697915345085521884 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

2026-09-11T23:48:17Z2026-09-18T15:15:53Z

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

8 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 5.37674140283948816514038186285990757112522305642 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 2.0977065115016392138025364311 USDC)
Sell side
2.10 USDC (shortened; full value 2.106096904072288034361146320028378713271493585 USDC)

5% from mid

Buy side
5.20 USDC (shortened; full value 5.2060755807793346714920912731 USDC)
Sell side
5.30 USDC (shortened; full value 5.30595801358732535528389513528789025499461084751 USDC)

10% from mid

Buy side
10.28 USDC (shortened; full value 10.2896037433697915345085521884 USDC)
Sell side
10.75 USDC (shortened; full value 10.75348280567897633028076372571981514225044611284 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 0.00000175215219585 USDC)47.37 USDC (shortened; full value 47.3794354235193753455219145164 USDC)free to reach
1%0.000002 USDC (shortened; full value 0.0000023362029278 USDC)87.32 USDC (shortened; full value 87.3221471461636837229540084359 USDC)free to reach
10%0.000012 USDC (shortened; full value 0.0000128491161029 USDC)488.37 USDC (shortened; full value 488.3776611922077377425221247771 USDC)free to reach
100%0.000117 USDC (shortened; full value 0.0001179782478539 USDC)3,170.93 USDC (shortened; full value 3170.9303021712383068591776721865 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