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keel
Ledger
65,275,885
Methodology
1.0.8-draft
Age
6s

USDGLO against USDC — what depth stands behind this price?

All assets

USDGLO / USDC

GBBS…S6XV

Risk band

High

partial confidence

A floor: the real band can only be worse.

Max safe collateral
25.56 USDC (shortened; full value 25.567773708195180827528479509583805031412149865806 USDC)Limited by liquidation depth
Depth within 5%
buy49.11 USDC (shortened; full value 49.1196958912121181446376855772 USDC)sell25.23 USDC (shortened; full value 25.231180678494581555975267829261243421230530933893 USDC)
Cost to move +50%
Not reachableThe order book cannot reach the target
Checks
5 triggered3 not evaluated

Price

The midpoint the engine read at each scan. It says what the market quotes, not what it can absorb.

Lower at the end of the window than at its start

Lowest
0.99204094 USDC (shortened; full value 0.9920409496827903 USDC)
Highest
0.99875 USDC
2026-10-27T00:54:23Z — 2026-11-03T00:10:04Z
Mid price
0.99359844 USDC (shortened; full value 0.9935984401176256 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.
One holder owns most of itnowHOLDER_CONCENTRATION_EXTREMEthroughout
Thin depth at 5%nowTHIN_DEPTH_5PCTthroughout
Supply is concentratednowHOLDER_CONCENTRATION_HIGHthroughout
Price sources disagreenowPRICE_SOURCE_CONFLICT90 of 169
Extreme spreadnowSPREAD_EXTREME90 of 169

Not evaluated3

  • 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.

An averaging oracle makes an attacker outweigh genuine trading as well as move the book. A market with no genuine volume has no such defence.

Cost of a 50% move, order book only
24.36 USDC (shortened; full value 24.3634816 USDC)

NOT reachable through the order book: this is the cost of exhausting the book, not of reaching the target

Genuine volume in the oracle window
0 USDC

Over the last 900 seconds (15 minutes), after the genuine-trade filter

Cost against genuine volume
not computed

Below 1, moving the price is cheaper than all genuine trading across the window. Not computed when there was no genuine volume or the target is unreachable

Total attack cost
not computed

The move, plus the genuine volume an averaging oracle forces an attacker to outweigh