Keel — Stellar liquidity risk

USDM / USDC

GDHD…USDM

Risk band

Medium

partial confidence

A floor: the real band can only be worse.

Max safe collateral: 7.20 USDC (shortened; full value 7.203950909036090075311675869282465046001975494291 USDC)Limited by liquidation depth
Depth within 5%: buy471,095.12 USDC (shortened; full value 471095.1291211258830089776991720301 USDC)sell6.17 USDC (shortened; full value 6.177617492735416186845882898376197930162396111513 USDC)
Cost to move +50%: 471,085.41 USDC (shortened; full value 471085.41365044629694821810576 USDC)Reachable through the order book
Checks: 1 triggered3 not evaluated

History

Window

Resolution

Source

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.

Higher at the end of the window than at its start

Lowest: 471,082.09 USDC (shortened; full value 471082.09047580196057427254446 USDC)
Highest: 471,095.51 USDC (shortened; full value 471095.51970263271117127536375 USDC)

2026-10-27T23:54:23Z — 2026-11-03T03:09:24Z

Cost to move +50%: 471,085.41 USDC (shortened; full value 471085.41365044629694821810576 USDC)

8 readings from horizon, with no gaps reported. One source per chart.

What fires now, how long it has been firing across the window above, and what could not run.

Thin depth at 5%nowTHIN_DEPTH_5PCT

throughout

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: 471,085.41 USDC (shortened; full value 471085.41365044629694821810576 USDC)
The target is reachable through the order book
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: 471,085.41 USDC (shortened; full value 471085.41365044629694821810576 USDC)
The move, plus the genuine volume an averaging oracle forces an attacker to outweigh