Skip to content
keel
Ledger
65,275,165
Methodology
1.0.8-draft
Age
4s

UAF against USDC — what depth stands behind this price?

All assets

UAF / USDC

GDT5…RC5E

Risk band

Critical

partial confidence

A floor: the real band can only be worse.

Max safe collateral
0 USDCLimited by manipulation cost
Depth within 5%
buy13.50 USDC (shortened; full value 13.5006314764198582175280882066 USDC)sell13.75 USDC (shortened; full value 13.759651134391686500140161545697801603738759740001 USDC)
Cost to move +50%
0 USDCReachable at no cost: nothing stands in the way
Checks
4 triggered5 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.

Higher at the end of the window than at its start

Lowest
5.24 USDC (shortened; full value 5.2460318327013055704207756829 USDC)
Highest
27.09 USDC (shortened; full value 27.0993513533901411197868982066 USDC)
2026-10-26T23:54:23Z — 2026-11-02T23:09:19ZOne scale across every line on this chart
2% from mid
5.44 USDC (shortened; full value 5.4402124632989139816615614673 USDC)
5% from mid
13.50 USDC (shortened; full value 13.5014870307846382873209830164 USDC)
10% from mid
26.68 USDC (shortened; full value 26.6851583956880696694307846596 USDC)
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.
Cheap to move the pricenowMANIPULATION_CHEAPthroughout
Cheap next to real tradingnowMANIPULATION_RATIO_LOWthroughout
Thin depth at 5%nowTHIN_DEPTH_5PCTthroughout
Supply is concentratednowHOLDER_CONCENTRATION_HIGH55 of 169
Price sources disagreePRICE_SOURCE_CONFLICT3 of 169
Extreme spreadSPREAD_EXTREME3 of 169

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%0.00000071 USDC (shortened; full value 0.00000071470275825 USDC)122.86 USDC (shortened; full value 122.8665022796333643697384026635 USDC)free to reach
+100%0.00000095 USDC (shortened; full value 0.000000952937011 USDC)226.44 USDC (shortened; full value 226.447755138734527420857818646 USDC)free to reach
+1,000%0.000005 USDC (shortened; full value 0.0000052411535605 USDC)1,266.48 USDC (shortened; full value 1266.4831162679391298885426325258 USDC)free to reach
+10,000%0.000048 USDC (shortened; full value 0.0000481233190555 USDC)4,947.50 USDC (shortened; full value 4947.5061427125065994643487933735 USDC)0.00030 USDC (shortened; full value 0.00030310000142 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