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keel
Ledger
65,275,713
Methodology
1.0.8-draft
Age
5s

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%
buy13.49 USDC (shortened; full value 13.495973791772659140378875513 USDC)sell13.75 USDC (shortened; full value 13.754904088599687249079841522522873011495012508821 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.

Lower at the end of the window than at its start

Lowest
5.19 USDC (shortened; full value 5.1963346770879085504525361404 USDC)
Highest
29.61 USDC (shortened; full value 29.6168487555832322195435235976 USDC)
2026-10-04T00:54:22Z — 2026-10-24T19:54:23ZOne scale across every line on this chart
2% from mid
5.28 USDC (shortened; full value 5.2823800784653747582093196489 USDC)
5% from mid
13.10 USDC (shortened; full value 13.1097795540557550563792992357 USDC)
10% from mid
25.91 USDC (shortened; full value 25.9109639652929397093462377809 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.
Cheap to move the pricenowMANIPULATION_CHEAPthroughout
Cheap next to real tradingnowMANIPULATION_RATIO_LOWthroughout
Thin depth at 5%nowTHIN_DEPTH_5PCTthroughout
Supply is concentratednowHOLDER_CONCENTRATION_HIGH0 of 500
Price sources disagreePRICE_SOURCE_CONFLICTthroughout
Extreme spreadSPREAD_EXTREMEthroughout

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 0.0000007142089602 USDC)122.82 USDC (shortened; full value 122.8241136386040592664579544729 USDC)free to reach
+100%0.00000095 USDC (shortened; full value 0.0000009522786136 USDC)226.36 USDC (shortened; full value 226.3696312202834125370395968295 USDC)free to reach
+1,000%0.000005 USDC (shortened; full value 0.0000052375323748 USDC)1,266.04 USDC (shortened; full value 1266.0461827084326002010528931259 USDC)free to reach
+10,000%0.000048 USDC (shortened; full value 0.0000480900699868 USDC)4,945.79 USDC (shortened; full value 4945.7992653689290523748878394991 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