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keel
Ledger
65,275,526
Methodology
1.0.8-draft
Age
6s

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
66,553.16 USDC (shortened; full value 66553.16273349629087696264949 USDC)Limited by manipulation cost
Depth within 5%
buy266,213.07 USDC (shortened; full value 266213.0762079080963077091886608631 USDC)sell262,587.75 USDC (shortened; full value 262587.75270945741193178528805340467960257359676293608 USDC)
Cost to move +50%
266,212.65 USDC (shortened; full value 266212.65093398516350785059796 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.

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
0.16 USDC (shortened; full value 0.1630695103854114496895076595 USDC)
Highest
227,480.47 USDC (shortened; full value 227480.4735964419587679990607801518 USDC)
2026-02-22T00:01:24Z — 2026-02-22T00:10:21ZOne scale across every line on this chart
2% from mid
0.16 USDC (shortened; full value 0.1630695103854114496895076595 USDC)
5% from mid
0.40 USDC (shortened; full value 0.4047049438672008726601091829 USDC)
10% from mid
0.79 USDC (shortened; full value 0.7998834132855279406733710749 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.

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
266,212.65 USDC (shortened; full value 266212.65093398516350785059796 USDC)

The target is reachable through the order book

Genuine volume in the oracle window
11.04 USDC (shortened; full value 11.042087 USDC)

Over the last 900 seconds (15 minutes), after the genuine-trade filter

Cost against genuine volume
24,108.9072 (shortened; full value 24108.9072141874234017401418735426)

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
266,223.69 USDC (shortened; full value 266223.69302098516350785059796 USDC)

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