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keel
Ledger
65,275,718
Methodology
1.0.8-draft
Age
9s

XLM against USDC — what depth stands behind this price?

All assets

XLM / USDC

native

Risk band

Low

partial confidence

A floor: the real band can only be worse.

Max safe collateral
96,091.00 USDC (shortened; full value 96091.006163040016806042391060237778253133685404106389 USDC)Limited by liquidation depth
Depth within 5%
buy419,756.87 USDC (shortened; full value 419756.8790201776702103378757452449 USDC)sell104,603.58 USDC (shortened; full value 104603.585930882588319576527154689752681476055759920808 USDC)
Cost to reach the critical move
The engine sent no critical rung
Checks
0 triggered6 not evaluated

Collateral ceiling

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

Lower at the end of the window than at its start

Lowest
135,803.56 USDC (shortened; full value 135803.563572900381188262284760659095510050417118217509 USDC)
Highest
417,565.42 USDC (shortened; full value 417565.4225967228273373049726939518592052364982642236175 USDC)
2026-10-04T00:54:37Z — 2026-10-24T19:54:33Z
Max safe collateral
156,222.46 USDC (shortened; full value 156222.466925210785938078494051929445632386170020536785 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.

No check fired at any reading in this window. That is not the same as every check having run: a history point lists what fired, not what could not be evaluated.

Not evaluated6

  • Cheap next to real trading
  • No genuine trade in 30 days
  • One holder owns most of it
  • No genuine trade in 7 days
  • Supply is concentrated
  • Volume may be wash traded

Evidence

The figures behind the verdict, as the engine served them.

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

96,091.00 USDC (shortened; full value 96091.006163040016806042391060237778253133685404106389 USDC)

Limited by liquidation depth

Liquidation termbinds
96,091.00 USDC (shortened; full value 96091.006163040016806042391060237778253133685404106389 USDC)

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

Manipulation term
not applicable

Not applied: the critical target is not reachable through the order book.