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keel
Ledger
65,274,984
Methodology
1.0.8-draft
Age
6s

THE1 against USDC — what depth stands behind this price?

All assets

THE1 / USDC

GBGR…IEVW

Risk band

High

partial confidence

A floor: the real band can only be worse.

Max safe collateral
0.000035 USDC (shortened; full value 0.000035969972683669514371879007971745250946261098 USDC)Limited by liquidation depth
Depth within 5%
buy0.000034 USDC (shortened; full value 0.0000348282318972709414891778 USDC)sell0.000035 USDC (shortened; full value 0.000035496437434882350304272367802230850309680719 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.

Lower at the end of the window than at its start

Lowest
0.17 USDC (shortened; full value 0.1787955882219917533587078173 USDC)
Highest
18.98 USDC (shortened; full value 18.9839803872922190373689866736 USDC)
2026-10-03T23:54:17Z — 2026-10-24T18:54:18ZOne scale across every line on this chart
2% from mid
0.17 USDC (shortened; full value 0.1795439461999992267928171538 USDC)
5% from mid
0.44 USDC (shortened; full value 0.4455911009779235143839266257 USDC)
10% from mid
0.88 USDC (shortened; full value 0.8806932956490719542562981009 USDC)
500 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.
Thin depth at 5%nowTHIN_DEPTH_5PCTthroughout
Supply is concentratednowHOLDER_CONCENTRATION_HIGHthroughout
One holder owns most of itnowHOLDER_CONCENTRATION_EXTREME433 of 500

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.

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
+50%0.00000000000069 USDC (shortened; full value 0.00000000000069825 USDC)0.00031 USDC (shortened; full value 0.0003169646576366232316324981 USDC)unreachablebook ends at 0 USDC
+100%0.00000000000093 USDC (shortened; full value 0.000000000000931 USDC)0.00058 USDC (shortened; full value 0.0005841782247269899178736755 USDC)unreachablebook ends at 0 USDC
+1,000%0.0000000000051 USDC (shortened; full value 0.0000000000051205 USDC)0.0032 USDC (shortened; full value 0.0032672077409415523849954934 USDC)unreachablebook ends at 0 USDC
+10,000%0.000000000047 USDC (shortened; full value 0.0000000000470155 USDC)0.01 USDC (shortened; full value 0.0127633200710712977020614929 USDC)unreachablebook ends at 0 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.

Highest price the book can reach
not computed

Absorbing every ask. Not computed when an active pool exists, because a constant product curve has no highest price

Cost to reach it
not computed

Every ask below that price. Catches an attack that lands between two rungs of the ladder