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keel
Ledger
65,277,144
Methodology
1.0.8-draft
Age
4s

TFT against USDC — what depth stands behind this price?

All assets

TFT / USDC

GBOV…AC47

Risk band

Critical

partial confidence

A floor: the real band can only be worse.

Max safe collateral
0.82 USDC (shortened; full value 0.82167145004144 USDC)Limited by manipulation cost
Depth within 5%
buy184.28 USDC (shortened; full value 184.282174141856635026374467722 USDC)sell105.57 USDC (shortened; full value 105.5791695868717969724775663486798030575708401219 USDC)
Cost to move +50%
3.28 USDC (shortened; full value 3.28668580016576 USDC)Reachable through the order book
Checks
3 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.

Lower at the end of the window than at its start

Lowest
0 USDC
Highest
647.11 USDC (shortened; full value 647.1143426132662441505820014709 USDC)
2026-10-04T23:54:17Z — 2026-10-24T21:54:13ZOne scale across every line on this chart
2% from mid
184.99 USDC (shortened; full value 184.9941396767085677919278242602 USDC)
5% from mid
275.26 USDC (shortened; full value 275.2644193963060605390773759145 USDC)
10% from mid
422.89 USDC (shortened; full value 422.8953775895175067210034969543 USDC)
21 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
Thin depth at 5%nowTHIN_DEPTH_5PCTthroughout
Nothing tradable within 2%ZERO_DEPTH_2PCT8 of 21
Price sources disagreePRICE_SOURCE_CONFLICT5 of 21
Extreme spreadSPREAD_EXTREME4 of 21

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.

0.82 USDC (shortened; full value 0.82167145004144 USDC)

Limited by manipulation cost

Liquidation term
126.98 USDC (shortened; full value 126.982822636624550290236991364873344838584598874275 USDC)

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

Manipulation termbinds
0.82 USDC (shortened; full value 0.82167145004144 USDC)

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