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keel
Ledger
65,274,264
Methodology
1.0.8-draft
Age
5s

TGM against USDC — what depth stands behind this price?

All assets

TGM / USDC

GBGR…IEVW

Risk band

High

partial confidence

A floor: the real band can only be worse.

Max safe collateral
0.06 USDC (shortened; full value 0.06195969131864041899817879222357245705855097125 USDC)Limited by liquidation depth
Depth within 5%
buy0.05 USDC (shortened; full value 0.0599929979515566458435613841 USDC)sell0.06 USDC (shortened; full value 0.061144008245946044082100627153111982702646366875 USDC)
Cost to move +50%
Not reachableThe order book cannot reach the target
Checks
3 triggered5 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
0.02 USDC (shortened; full value 0.020216683806598145214483998 USDC)
Highest
0.12 USDC (shortened; full value 0.1262030853805197426719247616 USDC)
2026-10-26T22:54:18Z — 2026-11-02T21:54:19ZOne scale across every line on this chart
2% from mid
0.02 USDC (shortened; full value 0.0241732376902307354983155369 USDC)
5% from mid
0.05 USDC (shortened; full value 0.0599929979515566458435613841 USDC)
10% from mid
0.11 USDC (shortened; full value 0.1185738022278010845386031855 USDC)
168 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.
One holder owns most of itnowHOLDER_CONCENTRATION_EXTREMEthroughout
Thin depth at 5%nowTHIN_DEPTH_5PCTthroughout
Supply is concentratednowHOLDER_CONCENTRATION_HIGHthroughout

Not evaluated5

  • Price sources disagree
  • Extreme spread
  • 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.

0.06 USDC (shortened; full value 0.06195969131864041899817879222357245705855097125 USDC)

Limited by liquidation depth

Liquidation termbinds
0.06 USDC (shortened; full value 0.06195969131864041899817879222357245705855097125 USDC)

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

Manipulation term
not applicable

Not applied: the critical target is not reachable through the order book.