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Keel
Ledger
64,491,938
Methodology
1.0.8-draft
Age
8s

XTAR against USDC — what depth stands behind this price?

How has this moved over time?

Price

Mid price
0.0000052 USDC

Lower than at the start of the window

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.

2% from mid
0 USDC
5% from mid
53.19 USDC (shortened; full value 53.1907319378925309762861991595 USDC)
10% from mid
194.87 USDC (shortened; full value 194.8732755142767793999860755235 USDC)

Lower than at the start of the window

Cost to move the price by half

One manipulation rung, at the delta the engine treats as critical. A reading it could not produce breaks the line rather than sitting at zero.

Manipulation cost, 0.5%
0.000088 USDC (shortened; full value 0.00008840000016 USDC)

Lower than at the start of the window

Collateral ceiling

Max safe collateral
0.000022 USDC (shortened; full value 0.00002210000004 USDC)

Lower than at the start of the window

2026-09-11T23:48:33Z2026-09-18T15:16:08Z

Which checks were firing

Whether a finding has been there all along or started recently. Only checks that fired at least once appear.

MANIPULATION_CHEAPthroughout
THIN_DEPTH_5PCTthroughout
PRICE_SOURCE_CONFLICT5 of 8
SPREAD_EXTREME5 of 8
ZERO_DEPTH_2PCT2 of 8

8 readings from horizon, with no gaps reported. One source per chart.

How much can this asset safely back?

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

Risk band

Critical

partial confidence

A band marked partial is a floor. At least one high-severity check could not be evaluated, so the real band can only be worse than the one shown, never better.

0.000022 USDC (shortened; full value 0.00002210000004 USDC)

Limited by manipulation cost

Liquidation term
196.43 USDC (shortened; full value 196.430621181994085554280648567348138629537142376 USDC)

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

Manipulation termbinds
0.000022 USDC (shortened; full value 0.00002210000004 USDC)

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

What volume can it absorb before the price moves?

Three rungs at 2, 5 and 10 per cent, in each direction. The buy side matters for oracle manipulation and the sell side for liquidation.
  • SDEX
  • AMM
  • Sell side, composition not reported

2% from mid

Buy side
0 USDC
Sell side
150.47 USDC (shortened; full value 150.472773572315087447403083102917093078783521612828 USDC)

5% from mid

Buy side
52.77 USDC (shortened; full value 52.7710884000599674800638942776 USDC)
Sell side
239.65 USDC (shortened; full value 239.65583093058737798749097364188437247611531731432 USDC)

10% from mid

Buy side
194.45 USDC (shortened; full value 194.45364694321624340875825031 USDC)
Sell side
392.86 USDC (shortened; full value 392.861242363988171108561297134696277259074284752 USDC)

Bars share one scale. The venue split decomposes the buy side; the sell side is drawn as an outline because its composition is not reported.

What would it cost to move the price?

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
0.5%0.000007 USDC (shortened; full value 0.0000078 USDC)1,228.18 USDC (shortened; full value 1228.1810268857283591145977409163 USDC)0.000088 USDC (shortened; full value 0.00008840000016 USDC)
1%0.000010 USDC (shortened; full value 0.0000104 USDC)2,341.42 USDC (shortened; full value 2341.420771215612655248457676864 USDC)0.000088 USDC (shortened; full value 0.00008840000016 USDC)
10%0.000057 USDC (shortened; full value 0.0000572 USDC)13,669.61 USDC (shortened; full value 13669.611117463896720251990628508 USDC)150.40 USDC (shortened; full value 150.40808930002755 USDC)
100%0.000525 USDC (shortened; full value 0.0005252 USDC)53,885.95 USDC (shortened; full value 53885.9514295620765905640273708683 USDC)804.94 USDC (shortened; full value 804.94853610008526312 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.

Who holds it, and is it genuinely traded?

Concentration and wash trading bound how much of the depth above is real.
Largest holder
not computed
Top ten holders
not computed
Concentration index
not computed

Herfindahl–Hirschman, over the holder distribution

Volume excluded as not genuine
not computed

Of 30 day volume. A high share indicates suspected wash trading

Volume to supply, 30 day
not computed
Last genuine trade
not computed

No genuine trade was found in the window