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keel
Ledger
65,293,525
Methodology
1.0.8-draft
Age
8s

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
1,047.10 USDC (shortened; full value 1047.10537588079800150414936 USDC)Limited by manipulation cost
Depth within 5%
buy4,645.90 USDC (shortened; full value 4645.9051827703783518788236755903 USDC)sell3,881.21 USDC (shortened; full value 3881.214220465780726219944571504063061634501966560682 USDC)
Cost to move +50%
4,188.42 USDC (shortened; full value 4188.42150352319200601659744 USDC)Reachable through the order book
Checks
2 triggered3 not evaluated

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
3,635.47 USDC (shortened; full value 3635.4733094867083571415816551772 USDC)
Highest
5,725.58 USDC (shortened; full value 5725.589526815540008937702062317 USDC)
2026-10-28T00:54:23Z — 2026-11-04T00:39:29ZOne scale across every line on this chart
2% from mid
4,378.70 USDC (shortened; full value 4378.7027294022881412143366848438 USDC)
5% from mid
4,645.90 USDC (shortened; full value 4645.9051827703783518788236755903 USDC)
10% from mid
5,082.89 USDC (shortened; full value 5082.8967904386372834495796745774 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
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.

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
4,188.42 USDC (shortened; full value 4188.42150352319200601659744 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
4,188.42 USDC (shortened; full value 4188.42150352319200601659744 USDC)

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