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keel
Ledger
65,278,948
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
38.83 USDC (shortened; full value 38.8361799485423955359733831529064966734202181052195 USDC)Limited by liquidation depth
Depth within 5%
buy307.75 USDC (shortened; full value 307.7531806154513378397416458631 USDC)sell49.76 USDC (shortened; full value 49.766595967708807417146967877673454679436781627565 USDC)
Cost to move +50%
701.49 USDC (shortened; full value 701.49430329140413784405015 USDC)Reachable through the order book
Checks
5 triggered3 not evaluated

No readings were stored in this range from this source

The engine accepted the request and returned nothing for Hubble. The series is as old as the deployment, so a window can reach back further than anything that was recorded. It is not empty because the figures were zero.

Checks

What fires now, how long it has been firing across the window above, and what could not run.

Triggered5

  • Cheap to move the price
  • Cheap next to real trading
  • One holder owns most of it
  • Thin depth at 5%
  • Supply is concentrated

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
701.49 USDC (shortened; full value 701.49430329140413784405015 USDC)

The target is reachable through the order book

Genuine volume in the oracle window
0.80 USDC (shortened; full value 0.8014727 USDC)

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

Cost against genuine volume
875.2566 (shortened; full value 875.2566410451711428774182202338)

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
702.29 USDC (shortened; full value 702.29577599140413784405015 USDC)

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