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Keel
Ledger
64,492,658
Methodology
1.0.8-draft
Age
5s

XAU against USDC — what depth stands behind this price?

How has this moved over time?

No readings were stored in this range from this source

The engine accepted the request and returned nothing for Trades implied. The series is as old as the deployment, and the reconstruction sources are not populated in production, so a window can reach back further than anything that was recorded. It is not empty because the figures were zero.

How much can this asset safely back?

The ceiling is the lower of two independent limits. Which one binds is the part a lender acts on, so both are shown.

Risk band

Critical

partial confidence

A band marked partial is a floor. At least one high-severity check could not be evaluated, so the real band can only be worse than the one shown, never better.

0.000013 USDC (shortened; full value 0.00001325000010674145 USDC)

Limited by manipulation cost

Liquidation term
16.63 USDC (shortened; full value 16.634589842285642381429820181654234231997458130748 USDC)

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

Manipulation termbinds
0.000013 USDC (shortened; full value 0.00001325000010674145 USDC)

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

What volume can it absorb before the price moves?

Three rungs at 2, 5 and 10 per cent, in each direction. The buy side matters for oracle manipulation and the sell side for liquidation.
  • SDEX
  • AMM
  • Sell side, composition not reported

2% from mid

Buy side
22.48 USDC (shortened; full value 22.4889323990859086681625618671 USDC)
Sell side
0 USDC

5% from mid

Buy side
35.94 USDC (shortened; full value 35.9434589497022067204410454797 USDC)
Sell side
9.68 USDC (shortened; full value 9.6897473205267952412526410089746444484569876584 USDC)

10% from mid

Buy side
57.94 USDC (shortened; full value 57.9473438433572916893803212287 USDC)
Sell side
33.26 USDC (shortened; full value 33.269179684571284762859640363308468463994916261496 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.

What would it cost to move the price?

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
0.5%0.000003 USDC (shortened; full value 0.000003827807006925 USDC)218.48 USDC (shortened; full value 218.4894635902017333914843905998 USDC)0.000053 USDC (shortened; full value 0.0000530000004269658 USDC)
1%0.000005 USDC (shortened; full value 0.0000051037426759 USDC)391.38 USDC (shortened; full value 391.3801810161964833996721194239 USDC)0.000053 USDC (shortened; full value 0.0000530000004269658 USDC)
10%0.000028 USDC (shortened; full value 0.00002807058471745 USDC)2,127.33 USDC (shortened; full value 2127.3358174924789936972710690759 USDC)0.000053 USDC (shortened; full value 0.0000530000004269658 USDC)
100%0.000257 USDC (shortened; full value 0.00025773900513295 USDC)8,271.44 USDC (shortened; full value 8271.4462808610678593361854954423 USDC)0.000053 USDC (shortened; full value 0.0000530000004269658 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.

Who holds it, and is it genuinely traded?

Concentration and wash trading bound how much of the depth above is real.
Largest holder
13.1170 % (shortened; full value 13.11705806336482293769265199 %)
Top ten holders
59.9153 % (shortened; full value 59.91538966583899786600308813 %)
Concentration index
532.04 (shortened; full value 532.0497779149208451124431397622519867702448513886297259)

Herfindahl–Hirschman, over the holder distribution

Volume excluded as not genuine
not computed

Of 30 day volume. A high share indicates suspected wash trading

Volume to supply, 30 day
not computed
Last genuine trade
not computed

No genuine trade was found in the window