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keel
Ledger
65,294,426
Methodology
1.0.8-draft
Age
6s

USDZ against USDC — what depth stands behind this price?

All assets

USDZ / USDC

GAKT…6XPR

Risk band

Critical

partial confidence

A floor: the real band can only be worse.

Max safe collateral
1,048.16 USDC (shortened; full value 1048.1641779927984757758301275 USDC)Limited by manipulation cost
Depth within 5%
buy4,650.13 USDC (shortened; full value 4650.1399259082396410899844645886 USDC)sell3,881.21 USDC (shortened; full value 3881.214660412402319536655949454402903581126027030368 USDC)
Cost to move +50%
4,192.65 USDC (shortened; full value 4192.65671197119390310332051 USDC)Reachable through the order book
Checks
2 triggered3 not evaluated

Price

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

Higher at the end of the window than at its start

Lowest
0.99999860 USDC (shortened; full value 0.9999986007051005 USDC)
Highest
1.00000205 USDC (shortened; full value 1.0000020524198225 USDC)
2026-10-28T02:54:28Z — 2026-11-04T01:54:29Z
Mid price
1.00000065 USDC (shortened; full value 1.00000065356707525 USDC)
168 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
Thin depth at 5%nowTHIN_DEPTH_5PCTthroughout

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.

The ceiling is the lower of two independent limits. Which one binds is the part a lender acts on, so both are shown.

1,048.16 USDC (shortened; full value 1048.1641779927984757758301275 USDC)

Limited by manipulation cost

Liquidation term
2,174.74 USDC (shortened; full value 2174.748115987303349817391298352552558077755322622786 USDC)

Sell-side depth at the liquidation delta, times the haircut.

Manipulation termbinds
1,048.16 USDC (shortened; full value 1048.1641779927984757758301275 USDC)

Order-book-only manipulation cost at the critical delta, times the safety margin.