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keel
Ledger
65,294,426
Methodology
1.0.8-draft
Age
9s

VELO against USDC — what depth stands behind this price?

All assets

VELO / USDC

GDM4…2M5M

Risk band

Critical

partial confidence

A floor: the real band can only be worse.

Max safe collateral
68.75 USDC (shortened; full value 68.7561885506092140949071925 USDC)Limited by manipulation cost
Depth within 5%
buy187.21 USDC (shortened; full value 187.2143690647001477825708551913 USDC)sell123.32 USDC (shortened; full value 123.329156878327458212248360576860335519717177163526 USDC)
Cost to move +50%
275.02 USDC (shortened; full value 275.02475420243685637962877 USDC)Reachable through the order book
Checks
3 triggered3 not evaluated

Price

The midpoint the engine read at each scan. It says what the market quotes, not what it can absorb.

Higher at the end of the window than at its start

Lowest
0.00318415 USDC (shortened; full value 0.0031841553315956 USDC)
Highest
0.00334198 USDC (shortened; full value 0.003341988880117 USDC)
2026-11-03T02:54:34Z — 2026-11-04T01:54:29Z
Mid price
0.00324966 USDC (shortened; full value 0.00324966350990765 USDC)
24 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
Cheap next to real tradingnowMANIPULATION_RATIO_LOWthroughout
Thin depth at 5%nowTHIN_DEPTH_5PCTthroughout
Nothing tradable within 2%ZERO_DEPTH_2PCT4 of 24

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.

Volume each side can absorb before the price moves 2, 5 or 10 per cent. Buy side bears on oracle manipulation, sell side on liquidation.

  • SDEX
  • AMM
  • Sell side, composition not reported

2% from mid

Buy side
181.41 USDC (shortened; full value 181.4163465857816318728780900184 USDC)
Sell side
117.36 USDC (shortened; full value 117.360474836752345140539604928796945602248392314642 USDC)

5% from mid

Buy side
187.21 USDC (shortened; full value 187.2143690647001477825708551913 USDC)
Sell side
123.32 USDC (shortened; full value 123.329156878327458212248360576860335519717177163526 USDC)

10% from mid

Buy side
205.88 USDC (shortened; full value 205.8866451429793752178698311838 USDC)
Sell side
289.72 USDC (shortened; full value 289.722770221004592420162364985117832412650145729978 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.