What depth stands behind this price?

USTRY against USDC · GCRYUG…ATMYWC

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.

Low
Medium
High — this asset
Critical

Highpartial 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.

67,145.71 USDC (shortened; full value 67145.71578757305171972980527 USDC)

Limited by manipulation cost

Liquidation term: 135,574.93 USDC (shortened; full value 135574.937239631377643414834883904009144429930791341952 USDC)
Sell-side depth at the liquidation delta, times the haircut.
Manipulation termbinds: 67,145.71 USDC (shortened; full value 67145.71578757305171972980527 USDC)
Order-book-only manipulation cost at the critical delta, times the safety margin.

These bands come from thresholds that were chosen, not calibrated

The thresholds were chosen based on the magnitude of the Blend incident of February 2026 and on conservative judgement, not calibrated against a set of incidents. Every flag is reported separately so that consumers can apply their own thresholds.

Every threshold, as the engine serves it

Where this number comes from

Source: GET /asset/{assetId}/depth → maxSafeCollateral, maxSafeCollateralLiquidation, maxSafeCollateralManipulation
What it is: Awaiting methodology copy.
What it does not account for: Awaiting methodology copy.

What this computation could not do

maxReachablePrice and costToMaxReachablePrice are null because an active pool is present: under a constant product curve the price tends to infinity as the base reserve tends to zero, so every target is reachable and a highest price has no meaning

Served by the engine with this response and shown as written.

Where does the price come from?

Two venues can disagree. Both readings are shown, not only the one that won.

Mid price: 1.07457899 USDC (shortened; full value 1.0745789999994999 USDC)
Source: order book mid
Spread: 0.0499 % (shortened; full value 0.04999999999998604569789657 %)
Undefined unless the price came from a two-sided book
Pool spot price: 1.07588483 USDC (shortened; full value 1.0758848325490397 USDC)
Reported whenever an active pool exists, whichever source won
Divergence between the two: 0.1213 % (shortened; full value 0.12137289327203886362605376 %)
Null means there is no pool to diverge from, not that the sources agree

Where this number comes from

Source: GET /asset/{assetId}/depth → midPrice, priceSource, spreadPct, poolSpotPrice, priceDivergencePct
What it is: Awaiting methodology copy.
What it does not account for: Awaiting methodology copy.

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

268,371.86 USDC

Sell side

271,061.63 USDC

5% from mid

Buy side

268,484.39 USDC

Sell side

271,149.44 USDC

10% from mid

Buy side

268,583.66 USDC

Sell side

271,149.87 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.

Where this number comes from

Source: GET /asset/{assetId}/depth → depth[]
What it is: Awaiting methodology copy.
What it does not account for: Awaiting methodology copy.

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.
Move	Target price	Cost, all venues	Cost, order book only
0.5%	1.611868 USDC (shortened; full value 1.61186849999924985 USDC)	268,586.59 USDC (shortened; full value 268586.5936019751604867426512654262 USDC)	268,582.86 USDC (shortened; full value 268582.86315029220687891922108 USDC)
1%	2.149157 USDC (shortened; full value 2.1491579999989998 USDC)	268,589.74 USDC (shortened; full value 268589.7470410132018885601449966947 USDC)	268,582.86 USDC (shortened; full value 268582.86315029220687891922108 USDC)
10%	11.820368 USDC (shortened; full value 11.8203689999944989 USDC)	268,621.40 USDC (shortened; full value 268621.4099917711888946228097600846 USDC)	268,582.86 USDC (shortened; full value 268582.86315029220687891922108 USDC)
100%	108.532478 USDC (shortened; full value 108.5324789999494899 USDC)	276,564.03 USDC (shortened; full value 276564.0369984190704175057650012726 USDC)	276,413.42 USDC (shortened; full value 276413.42469687559079891922108 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.

How far the book actually goes

Furthest price the book reaches: not computed
Null by structure, not by failure: an active pool means every target is reachable and a highest price has no meaning
Cost to walk it that far: not computed
Null for the same reason as the price above

Against genuine volume

Not reported for this asset. Without it there is no comparison between the cost of an attack and the genuine trading it would have to hide inside.

Where this number comes from

Source: GET /asset/{assetId}/depth → manipulationCostCombined[], manipulationCostOrderbookOnly[], oracleResistance
What it is: Awaiting methodology copy.
What it does not account for: Awaiting methodology copy.

Which checks fired, and which could not run?

An unevaluated check is not a check that came back clear. The two never share a treatment.

Triggered(2)

HOLDER_CONCENTRATION_EXTREME
HOLDER_CONCENTRATION_HIGH

Could not be evaluated(3)

NO_GENUINE_TRADE_30D
NO_GENUINE_TRADE_7D
WASH_TRADE_SUSPECTED

Where this number comes from

Source: GET /asset/{assetId}/depth → flags[], unevaluatedFlags[], bandConfidence
What it is: Awaiting methodology copy.
What it does not account for: Awaiting methodology copy.

Who holds it, and is it genuinely traded?

Concentration and wash trading bound how much of the depth above is real.

Largest holder: 91.4596 % (shortened; full value 91.45963439897362907368446483 %)
Top ten holders: 99.9398 % (shortened; full value 99.93988431057693373493864052 %)
Concentration index: 8,396.02 (shortened; full value 8396.020629517634499061498942315955113619504843907143132)
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

Where this number comes from

Source: GET /asset/{assetId}/depth → holderTop1Pct, holderTop10Pct, holderHhi, volumeToSupply, lastGenuineTrade, tradesExcludedPct
What it is: Awaiting methodology copy.
What it does not account for: Awaiting methodology copy.

How has this moved over time?

A single reading cannot separate a thin asset from one that just got thin. This is a stored series, not the historical replay that health reports as unavailable — those are different endpoints.

WindowLast 24 hours Last 7 days Last 30 days

ResolutionHourly Daily

SourceHorizon Hubble Offers implied Trades implied

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

Band at each reading

High: 2 of 2

Which checks were firing

Whether a finding has been there all along or started recently. Only checks that fired at least once appear.

HOLDER_CONCENTRATION_EXTREME

throughout

HOLDER_CONCENTRATION_HIGH

throughout

Price

Lowest: 1.07453499 USDC (shortened; full value 1.07453499999899995 USDC)
Highest: 1.07457899 USDC (shortened; full value 1.0745789999994999 USDC)

2026-09-17T23:46:03Z — 2026-09-18T12:31:03Z

Mid price: 1.07457899 USDC (shortened; full value 1.0745789999994999 USDC)

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, and the lines darken as the rung widens.

Lowest: 268,308.42 USDC (shortened; full value 268308.4204157178055153851425219529 USDC)
Highest: 268,583.69 USDC (shortened; full value 268583.6962003395870859641225417296 USDC)

2026-09-17T23:46:03Z — 2026-09-18T12:31:03ZOne scale across every line on this chart

2% from mid: 268,371.89 USDC (shortened; full value 268371.891815791459181787550088428 USDC)
5% from mid: 268,484.42 USDC (shortened; full value 268484.4276935681056585444545444953 USDC)
10% from mid: 268,583.69 USDC (shortened; full value 268583.6962003395870859641225417296 USDC)

Cost to move the price by half

The series carries one manipulation rung, at the half per cent delta the engine treats as critical. A reading the engine could not produce breaks the line rather than sitting at zero.

Lowest: 268,519.42 USDC (shortened; full value 268519.42143660014262340028366 USDC)
Highest: 268,582.89 USDC (shortened; full value 268582.89395553319016405557305 USDC)

2026-09-17T23:46:03Z — 2026-09-18T12:31:03Z

Manipulation cost, 0.5%: 268,582.89 USDC (shortened; full value 268582.89395553319016405557305 USDC)

Collateral ceiling

Lowest: 67,129.85 USDC (shortened; full value 67129.855359150035655850070915 USDC)
Highest: 67,145.72 USDC (shortened; full value 67145.7234888832975410138932625 USDC)

2026-09-17T23:46:03Z — 2026-09-18T12:31:03Z

Max safe collateral: 67,145.72 USDC (shortened; full value 67145.7234888832975410138932625 USDC)

Where this number comes from

Source: GET /asset/{assetId}/history → points[], gaps[], dataSource
What it is: Awaiting methodology copy.
What it does not account for: Awaiting methodology copy.

What was this computed from?

Ledger: 64,489,957
Closed at 2026-09-18T12:46:03Z
Computed at: 2026-09-18T12:46:08.685382Z
Data source: horizon
Methodology: 1.0.8-draft
The version that produced these figures, not the one this page was built against