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keel
Ledger
65,295,147
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
1.71 USDC (shortened; full value 1.715687144234559790355823329712061054946711420925 USDC)Limited by liquidation depth
Depth within 5%
buy40.04 USDC (shortened; full value 40.0431689278772886028194242463 USDC)sell0 USDC
Cost to move +50%
50.40 USDC (shortened; full value 50.4064686000085137205 USDC)Reachable through the order book
Checks
4 triggered3 not evaluated

Price

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

Lower at the end of the window than at its start

Lowest
0.00000248 USDC (shortened; full value 0.0000024810886624 USDC)
Highest
0.00000303 USDC (shortened; full value 0.0000030315415675 USDC)
2026-10-05T03:54:32Z — 2026-10-25T22:54:33Z
Mid price
0.00000248 USDC (shortened; full value 0.00000248815705615 USDC)
500 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
Thin depth at 5%nowTHIN_DEPTH_5PCTthroughout
Nothing tradable within 2%nowZERO_DEPTH_2PCT231 of 500
Extreme spreadnowSPREAD_EXTREME0 of 500

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
50.40 USDC (shortened; full value 50.4064686000085137205 USDC)

The target is reachable through the order book

Genuine volume in the oracle window
79.08 USDC (shortened; full value 79.0856591 USDC)

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

Cost against genuine volume
0.6373 (shortened; full value 0.6373654740143464736010526591)

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
129.49 USDC (shortened; full value 129.4921277000085137205 USDC)

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