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keel
Ledger
65,278,224
Methodology
1.0.8-draft
Age
6s

TREAD against USDC — what depth stands behind this price?

All assets

TREAD / USDC

GANM…6VLM

Risk band

High

partial confidence

A floor: the real band can only be worse.

Max safe collateral
2.98 USDC (shortened; full value 2.984648536187758746812828136112614584393108384376 USDC)Limited by liquidation depth
Depth within 5%
buy2.88 USDC (shortened; full value 2.8899113231017597745969847722 USDC)sell2.94 USDC (shortened; full value 2.945356421635567977236542709106460648868152842228 USDC)
Cost to move +50%
Not reachableThe order book cannot reach the target
Checks
3 triggered5 not evaluated

History

Window
Resolution
Source

Cost to move the price 50%

The stored series carries one manipulation rung, the +50% move. A reading the engine could not produce breaks the line rather than sitting at zero.

Too few readings in this window to show a direction.

No point in this range carried a value.

169 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.

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%0.552385 USDC (shortened; full value 0.5523857750495367 USDC)26.30 USDC (shortened; full value 26.3004954092695627058641734539 USDC)unreachablebook ends at 0 USDC
+100%0.736514 USDC (shortened; full value 0.7365143667327156 USDC)48.47 USDC (shortened; full value 48.4728386823534904966694405169 USDC)unreachablebook ends at 0 USDC
+1,000%4.050829 USDC (shortened; full value 4.0508290170299358 USDC)271.10 USDC (shortened; full value 271.1002003582203537282947051383 USDC)unreachablebook ends at 0 USDC
+10,000%37.193975 USDC (shortened; full value 37.1939755200021378 USDC)1,059.05 USDC (shortened; full value 1059.050694923479932824436104595 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