Skip to content
keel
Ledger
65,276,604
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%
buy180.80 USDC (shortened; full value 180.8048684195349053353910814887 USDC)sell109.03 USDC (shortened; full value 109.0353813774209084721494559369295340690541458829 USDC)
Cost to move +50%
3.28 USDC (shortened; full value 3.28668580016576 USDC)Reachable through the order book
Checks
3 triggered3 not evaluated

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.

Higher at the end of the window than at its start

Lowest
0 USDC
Highest
339.67 USDC (shortened; full value 339.6771815852066876839820596331 USDC)
2026-10-27T23:54:18Z — 2026-11-03T01:09:19ZOne scale across every line on this chart
2% from mid
95.14 USDC (shortened; full value 95.1439560132220777285714264684 USDC)
5% from mid
179.81 USDC (shortened; full value 179.8134905763184034371278543611 USDC)
10% from mid
318.28 USDC (shortened; full value 318.284809094793015518817223492 USDC)
8 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
Extreme spreadSPREAD_EXTREME3 of 8
Price sources disagreePRICE_SOURCE_CONFLICT2 of 8
Nothing tradable within 2%ZERO_DEPTH_2PCT1 of 8

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
128.71 USDC (shortened; full value 128.710860601020417270126108742459133662769158776087 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.