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keel
Ledger
65,276,608
Methodology
1.0.8-draft
Age
3s

XH5 against USDC — what depth stands behind this price?

All assets

XH5 / USDC

GA6N…RFBF

Risk band

Critical

partial confidence

A floor: the real band can only be worse.

Max safe collateral
0 USDCLimited by manipulation cost
Depth within 5%
buy19.32 USDC (shortened; full value 19.3241568089509853159800680353 USDC)sell19.69 USDC (shortened; full value 19.694905132537978924888030445863981584931516215985 USDC)
Cost to move +50%
0 USDCReachable at no cost: nothing stands in the way
Checks
5 triggered3 not evaluated

Collateral ceiling

The most this asset could back at each reading: the lower of the liquidation and manipulation limits.

Unchanged across the window

Lowest
0 USDC
Highest
0 USDC
2026-10-27T23:54:33Z — 2026-11-03T01:09:34Z
Max safe collateral
0 USDC
8 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
Price sources disagreenowPRICE_SOURCE_CONFLICTthroughout
Extreme spreadnowSPREAD_EXTREMEthroughout
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%0.053040 USDC (shortened; full value 0.0530409809351013 USDC)175.86 USDC (shortened; full value 175.8652223613314469926338700863 USDC)free to reach
+100%0.070721 USDC (shortened; full value 0.0707213079134684 USDC)324.12 USDC (shortened; full value 324.1264630457316197844162380115 USDC)free to reach
+1,000%0.388967 USDC (shortened; full value 0.3889671935240762 USDC)2,133.47 USDC (shortened; full value 2133.4731958061858448908300590408 USDC)320.68 USDC (shortened; full value 320.689965822 USDC)
+10,000%3.571426 USDC (shortened; full value 3.5714260496301542 USDC)7,559.67 USDC (shortened; full value 7559.6781972174392316346034813282 USDC)478.05 USDC (shortened; full value 478.055472765 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