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keel
Ledger
65,278,227
Methodology
1.0.8-draft
Age
8s

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
36.67 USDC (shortened; full value 36.6796554386642673930820564157528823808254203887785 USDC)Limited by liquidation depth
Depth within 5%
buy328.52 USDC (shortened; full value 328.520706373351132443850782271 USDC)sell30.34 USDC (shortened; full value 30.346948190785216207852093784149211835311355588431 USDC)
Cost to move +50%
701.49 USDC (shortened; full value 701.49430328351419471283804 USDC)Reachable through the order book
Checks
5 triggered3 not evaluated

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
410.08 USDC (shortened; full value 410.0844802161994024090586778938 USDC)
2026-11-02T23:54:39Z — 2026-11-03T03:24:39ZOne scale across every line on this chart
2% from mid
305.44 USDC (shortened; full value 305.4437186918350656862495333151 USDC)
5% from mid
328.92 USDC (shortened; full value 328.921846774540529664076828181 USDC)
10% from mid
410.08 USDC (shortened; full value 410.0844802161994024090586778938 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.

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 701.49430328351419471283804 USDC)

The target is reachable through the order book

Genuine volume in the oracle window
0.31 USDC (shortened; full value 0.3167048 USDC)

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

Cost against genuine volume
2,214.9784 (shortened; full value 2214.9784382286412921838824040558)

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
701.81 USDC (shortened; full value 701.81100808351419471283804 USDC)

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