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Keel
Ledger
64,491,937
Methodology
1.0.8-draft
Age
4s

USDZ against USDC — what depth stands behind this price?

How has this moved over time?

WindowLast 24 hoursLast 7 daysLast 30 days
ResolutionHourlyDaily
SourceHorizonHubbleOffers impliedTrades implied

No readings were stored in this range from this source

The engine accepted the request and returned nothing for Hubble. The series is as old as the deployment, and the reconstruction sources are not populated in production, so a window can reach back further than anything that was recorded. It is not empty because the figures were zero.

How much can this asset safely back?

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

Risk band

Critical

partial confidence

A band marked partial is a floor. At least one high-severity check could not be evaluated, so the real band can only be worse than the one shown, never better.

1,126.09 USDC (shortened; full value 1126.099292852321111779059655 USDC)

Limited by manipulation cost

Liquidation term
2,529.90 USDC (shortened; full value 2529.902364571306496028813726415184377987393784782621 USDC)

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

Manipulation termbinds
1,126.09 USDC (shortened; full value 1126.099292852321111779059655 USDC)

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

What volume can it absorb before the price moves?

Three rungs at 2, 5 and 10 per cent, in each direction. The buy side matters for oracle manipulation and the sell side for liquidation.
  • SDEX
  • AMM
  • Sell side, composition not reported

2% from mid

Buy side
3,674.15 USDC (shortened; full value 3674.1504433407513259836323940547 USDC)
Sell side
4,316.45 USDC (shortened; full value 4316.456146950498654834620173571788665562914479627187 USDC)

5% from mid

Buy side
4,941.35 USDC (shortened; full value 4941.3527825064043686063588163736 USDC)
Sell side
4,591.52 USDC (shortened; full value 4591.523345990123062848700591832140816608531401788923 USDC)

10% from mid

Buy side
5,378.34 USDC (shortened; full value 5378.3442034042726131809560774659 USDC)
Sell side
5,059.80 USDC (shortened; full value 5059.804729142612992057627452830368755974787569565242 USDC)

Bars share one scale. The venue split decomposes the buy side; the sell side is drawn as an outline because its composition is not reported.

What would it cost to move the price?

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
0.5%1.500004 USDC (shortened; full value 1.50000488325021195 USDC)8,566.66 USDC (shortened; full value 8566.6688724884539003075585094412 USDC)4,504.39 USDC (shortened; full value 4504.39717140928444711623862 USDC)
1%2.000006 USDC (shortened; full value 2.0000065110002826 USDC)12,000.23 USDC (shortened; full value 12000.2334740658304174793025535746 USDC)4,504.39 USDC (shortened; full value 4504.39717140928444711623862 USDC)
10%11.000035 USDC (shortened; full value 11.0000358105015543 USDC)46,475.86 USDC (shortened; full value 46475.8601129862536080665964393964 USDC)4,504.39 USDC (shortened; full value 4504.39717140928444711623862 USDC)
100%101.000328 USDC (shortened; full value 101.0003288055142713 USDC)168,496.29 USDC (shortened; full value 168496.2930736725998267611376165909 USDC)4,504.39 USDC (shortened; full value 4504.39717140928444711623862 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.

Who holds it, and is it genuinely traded?

Concentration and wash trading bound how much of the depth above is real.
Largest holder
not computed
Top ten holders
not computed
Concentration index
not computed

Herfindahl–Hirschman, over the holder distribution

Volume excluded as not genuine
not computed

Of 30 day volume. A high share indicates suspected wash trading

Volume to supply, 30 day
not computed
Last genuine trade
not computed

No genuine trade was found in the window