What depth stands behind this price?
TFT against USDC · GBOVQK…RTAC47
How much can this asset safely back?
- Low
- Medium
- High
- Critical — this asset
Criticalpartial 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.
18.00 USDC (shortened; full value 18.002342000158625 USDC)
Limited by manipulation cost
- Liquidation term
- 175.36 USDC (shortened; full value 175.3615348410977681195229891361440347892363213227325 USDC)
Sell-side depth at the liquidation delta, times the haircut.
- Manipulation termbinds
- 18.00 USDC (shortened; full value 18.002342000158625 USDC)
Order-book-only manipulation cost at the critical delta, times the safety margin.
These bands come from thresholds that were chosen, not calibrated
The thresholds were chosen based on the magnitude of the Blend incident of February 2026 and on conservative judgement, not calibrated against a set of incidents. Every flag is reported separately so that consumers can apply their own thresholds.
Where this number comes from
- Source
- GET /asset/{assetId}/depth → maxSafeCollateral, maxSafeCollateralLiquidation, maxSafeCollateralManipulation
- What it is
- Awaiting methodology copy.
- What it does not account for
- Awaiting methodology copy.
What this computation could not do
- maxReachablePrice and costToMaxReachablePrice are null because an active pool is present: under a constant product curve the price tends to infinity as the base reserve tends to zero, so every target is reachable and a highest price has no meaning
Served by the engine with this response and shown as written.
Where does the price come from?
- Mid price
- 0.00684917 USDC (shortened; full value 0.00684917917584055 USDC)
Source: order book mid
- Spread
- 17.7633 % (shortened; full value 17.76332049554814587800106806 %)
Undefined unless the price came from a two-sided book
- Pool spot price
- 0.00676249 USDC (shortened; full value 0.0067624959102207 USDC)
Reported whenever an active pool exists, whichever source won
- Divergence between the two
- 1.2818 % (shortened; full value 1.28182355702187796827299989 %)
Null means there is no pool to diverge from, not that the sources agree
Where this number comes from
- Source
- GET /asset/{assetId}/depth → midPrice, priceSource, spreadPct, poolSpotPrice, priceDivergencePct
- What it is
- Awaiting methodology copy.
- What it does not account for
- Awaiting methodology copy.
What volume can it absorb before the price moves?
- SDEX
- AMM
- Sell side, composition not reported
2% from mid
5% from mid
10% from mid
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.
Where this number comes from
- Source
- GET /asset/{assetId}/depth → depth[]
- What it is
- Awaiting methodology copy.
- What it does not account for
- Awaiting methodology copy.
What would it cost to move the price?
| Move | Target price | Cost, all venues | Cost, order book only |
|---|---|---|---|
| 0.5% | 0.010273 USDC (shortened; full value 0.010273768763760825 USDC) | 1,874.12 USDC (shortened; full value 1874.1201284490945155324973528592 USDC) | 72.00 USDC (shortened; full value 72.0093680006345 USDC) |
| 1% | 0.013698 USDC (shortened; full value 0.0136983583516811 USDC) | 3,351.63 USDC (shortened; full value 3351.6358042081266552842401111302 USDC) | 72.00 USDC (shortened; full value 72.0093680006345 USDC) |
| 10% | 0.075340 USDC (shortened; full value 0.07534097093424605 USDC) | 20,085.54 USDC (shortened; full value 20085.5401581376904525654516101264 USDC) | 1,970.52 USDC (shortened; full value 1970.52114850385323 USDC) |
| 100% | 0.691767 USDC (shortened; full value 0.69176709675989555 USDC) | 154,439.45 USDC (shortened; full value 154439.4562797936388906144739514501 USDC) | 83,817.16 USDC (shortened; full value 83817.16760076303789 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.
How far the book actually goes
- Furthest price the book reaches
- not computed
Null by structure, not by failure: an active pool means every target is reachable and a highest price has no meaning
- Cost to walk it that far
- not computed
Null for the same reason as the price above
Against genuine volume
Not reported for this asset. Without it there is no comparison between the cost of an attack and the genuine trading it would have to hide inside.
Where this number comes from
- Source
- GET /asset/{assetId}/depth → manipulationCostCombined[], manipulationCostOrderbookOnly[], oracleResistance
- What it is
- Awaiting methodology copy.
- What it does not account for
- Awaiting methodology copy.
Which checks fired, and which could not run?
Triggered(2)
- MANIPULATION_CHEAP
- THIN_DEPTH_5PCT
Could not be evaluated(6)
- MANIPULATION_RATIO_LOW
- NO_GENUINE_TRADE_30D
- HOLDER_CONCENTRATION_EXTREME
- NO_GENUINE_TRADE_7D
- HOLDER_CONCENTRATION_HIGH
- WASH_TRADE_SUSPECTED
Where this number comes from
- Source
- GET /asset/{assetId}/depth → flags[], unevaluatedFlags[], bandConfidence
- What it is
- Awaiting methodology copy.
- What it does not account for
- Awaiting methodology copy.
Who holds it, and is it genuinely traded?
- 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
Where this number comes from
- Source
- GET /asset/{assetId}/depth → holderTop1Pct, holderTop10Pct, holderHhi, volumeToSupply, lastGenuineTrade, tradesExcludedPct
- What it is
- Awaiting methodology copy.
- What it does not account for
- Awaiting methodology copy.
How has this moved over time?
This source is a lower bound, not a measurement
Trades-implied rebuilds the book from trades that happened, so every figure below is a floor: the real value is at least this, and may be more. It is not comparable with a direct reading.
No readings were stored in this range from this source
The engine accepted the request and returned nothing for Trades implied. The series is as old as the deployment, and the reconstruction sources are not populated in production, so a window can reach back further than anything that was recorded. It is not empty because the figures were zero.
Where this number comes from
- Source
- GET /asset/{assetId}/history → points[], gaps[], dataSource
- What it is
- Awaiting methodology copy.
- What it does not account for
- Awaiting methodology copy.
What was this computed from?
- Ledger
- 64,490,135
Closed at 2026-09-18T13:00:53Z
- Computed at
- 2026-09-18T13:01:02.265693Z
- Data source
- horizon
- Methodology
- 1.0.8-draft
The version that produced these figures, not the one this page was built against