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keel
Ledger
65,276,426
Methodology
1.0.8-draft
Age
5s

USTRY against USDC — what depth stands behind this price?

All assets

USTRY / USDC

GCRY…MYWC

Risk band

High

partial confidence

A floor: the real band can only be worse.

Max safe collateral
66,530.76 USDC (shortened; full value 66530.769833191784267621773205 USDC)Limited by manipulation cost
Depth within 5%
buy266,123.50 USDC (shortened; full value 266123.5046933235030529713233848701 USDC)sell263,121.86 USDC (shortened; full value 263121.86125624626725554299788035301874789623588867915 USDC)
Cost to move +50%
266,123.07 USDC (shortened; full value 266123.07933276713707048709282 USDC)Reachable through the order book
Checks
2 triggered3 not evaluated

History

Source

Every stored reading from this source, whenever it was taken

A reconstruction is written where a replay ran rather than on the scan's cadence, so there is no window to choose: the engine returns the readings it holds and the axis below is labelled from them.

Cost to move the price 50%

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.

Lower at the end of the window than at its start

Lowest
0 USDC
Highest
227,479.65 USDC (shortened; full value 227479.654518848256045675 USDC)
2026-02-22T00:01:24Z — 2026-02-22T00:10:21Z
Cost to move +50%
0 USDC
3 readings from offers-implied, 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.
One holder owns most of itnowHOLDER_CONCENTRATION_EXTREME0 of 3
Supply is concentratednowHOLDER_CONCENTRATION_HIGH0 of 3
Cheap to move the priceMANIPULATION_CHEAP2 of 3
Price sources disagreePRICE_SOURCE_CONFLICT2 of 3
Extreme spreadSPREAD_EXTREME2 of 3
Thin depth at 5%THIN_DEPTH_5PCT2 of 3

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.

66,530.76 USDC (shortened; full value 66530.769833191784267621773205 USDC)

Limited by manipulation cost

Liquidation term
131,561.14 USDC (shortened; full value 131561.144940183596618138395342708949595811062091775835 USDC)

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

Manipulation termbinds
66,530.76 USDC (shortened; full value 66530.769833191784267621773205 USDC)

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