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keel
Ledger
65,277,328
Methodology
1.0.8-draft
Age
4s

XRP against USDC — what depth stands behind this price?

All assets

XRP / USDC

GBXR…DTD5

Risk band

Critical

partial confidence

A floor: the real band can only be worse.

Max safe collateral
121.86 USDC (shortened; full value 121.863667525137108048424215 USDC)Limited by manipulation cost
Depth within 5%
buy115.09 USDC (shortened; full value 115.0953833070814443028203952904 USDC)sell329.67 USDC (shortened; full value 329.676379742337227734027939563499430353790708120981 USDC)
Cost to move +50%
487.45 USDC (shortened; full value 487.45467010054843219369686 USDC)Reachable through the order book
Checks
5 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
305.01 USDC (shortened; full value 305.0153161384515608464627542729 USDC)
Highest
389.33 USDC (shortened; full value 389.3319705100067007138979822312 USDC)
2026-11-02T23:54:39Z — 2026-11-03T02:09:39ZOne scale across every line on this chart
2% from mid
305.50 USDC (shortened; full value 305.5083686571322559301745285436 USDC)
5% from mid
328.97 USDC (shortened; full value 328.9767835826628478911590007538 USDC)
10% from mid
389.33 USDC (shortened; full value 389.3319705100067007138979822312 USDC)
2 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
One holder owns most of itnowHOLDER_CONCENTRATION_EXTREMEthroughout
Thin depth at 5%nowTHIN_DEPTH_5PCTthroughout
Supply is concentratednowHOLDER_CONCENTRATION_HIGHthroughout

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.

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

121.86 USDC (shortened; full value 121.863667525137108048424215 USDC)

Limited by manipulation cost

Liquidation term
186.34 USDC (shortened; full value 186.346597408478232456884461165245609012791683883575 USDC)

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

Manipulation termbinds
121.86 USDC (shortened; full value 121.863667525137108048424215 USDC)

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