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keel
Ledger
65,293,707
Methodology
1.0.8-draft
Age
5s

XAU against USDC — what depth stands behind this price?

All assets

XAU / USDC

GBCB…LXAU

Risk band

Critical

partial confidence

A floor: the real band can only be worse.

Max safe collateral
12.60 USDC (shortened; full value 12.601617150002128430125 USDC)Limited by manipulation cost
Depth within 5%
buy38.77 USDC (shortened; full value 38.7716174627458933577910742987 USDC)sell0 USDC
Cost to move +50%
50.40 USDC (shortened; full value 50.4064686000085137205 USDC)Reachable through the order book
Checks
3 triggered3 not evaluated

History

Window
Resolution
Source

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.

Higher at the end of the window than at its start

Lowest
20.01 USDC (shortened; full value 20.0195297057517123697223482746 USDC)
Highest
102.29 USDC (shortened; full value 102.2920115019981878883443878383 USDC)
2026-10-28T01:54:33Z — 2026-11-04T00:54:34ZOne scale across every line on this chart
2% from mid
30.28 USDC (shortened; full value 30.2867388281959044239093999945 USDC)
5% from mid
38.74 USDC (shortened; full value 38.746186498779813014264123786 USDC)
10% from mid
78.85 USDC (shortened; full value 78.8531329438317844895317684219 USDC)
168 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.
Nothing tradable within 2%nowZERO_DEPTH_2PCTthroughout
Cheap to move the pricenowMANIPULATION_CHEAPthroughout
Thin depth at 5%nowTHIN_DEPTH_5PCTthroughout

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.

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
+50%0.000003 USDC (shortened; full value 0.0000036449475 USDC)203.95 USDC (shortened; full value 203.9532462607164052736674803379 USDC)50.40 USDC (shortened; full value 50.4064686000085137205 USDC)
+100%0.000004 USDC (shortened; full value 0.00000485993 USDC)312.65 USDC (shortened; full value 312.6576784852858902104650355401 USDC)50.40 USDC (shortened; full value 50.4064686000085137205 USDC)
+1,000%0.000026 USDC (shortened; full value 0.000026729615 USDC)1,404.13 USDC (shortened; full value 1404.1336966293507414241418382357 USDC)50.40 USDC (shortened; full value 50.4064686000085137205 USDC)
+10,000%0.000245 USDC (shortened; full value 0.000245426465 USDC)5,267.22 USDC (shortened; full value 5267.2216020364629978370684158893 USDC)50.40 USDC (shortened; full value 50.4064686000085137205 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.

Highest price the book can reach
not computed

Absorbing every ask. Not computed when an active pool exists, because a constant product curve has no highest price

Cost to reach it
not computed

Every ask below that price. Catches an attack that lands between two rungs of the ladder