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Keel
Ledger
64,491,035
Methodology
1.0.8-draft
Age
7s

sUSD against USDC — what depth stands behind this price?

How has this moved over time?

WindowLast 24 hoursLast 7 daysLast 30 days
ResolutionHourlyDaily
SourceHorizonHubbleOffers impliedTrades implied

No readings were stored in this range from this source

The engine accepted the request and returned nothing for Offers implied. The series is as old as the deployment, and the reconstruction sources are not populated in production, so a window can reach back further than anything that was recorded. It is not empty because the figures were zero.

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

Medium

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.

22,061.49 USDC (shortened; full value 22061.491895545383885628003771747552201426872346474352 USDC)

Limited by liquidation depth

Liquidation termbinds
22,061.49 USDC (shortened; full value 22061.491895545383885628003771747552201426872346474352 USDC)

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

Manipulation term
43,107.02 USDC (shortened; full value 43107.02774400026694024024 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
172,433.09 USDC (shortened; full value 172433.0980598158155424692883501358 USDC)
Sell side
43,922.31 USDC (shortened; full value 43922.310296229819909561889973328776733422938783303072 USDC)

5% from mid

Buy side
172,440.15 USDC (shortened; full value 172440.1502748016517215220126613409 USDC)
Sell side
43,929.57 USDC (shortened; full value 43929.570086803646494709498203211406351942136669276288 USDC)

10% from mid

Buy side
172,451.68 USDC (shortened; full value 172451.6836972138980637710698651979 USDC)
Sell side
44,122.98 USDC (shortened; full value 44122.983791090767771256007543495104402853744692948704 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%1.490625 USDC (shortened; full value 1.4906253 USDC)172,535.83 USDC (shortened; full value 172535.8324778018072751962386609834 USDC)172,428.11 USDC (shortened; full value 172428.11097600106776096096 USDC)
1%1.987500 USDC (shortened; full value 1.9875004 USDC)172,626.45 USDC (shortened; full value 172626.4538242080185634700804014659 USDC)172,428.11 USDC (shortened; full value 172428.11097600106776096096 USDC)
10%10.931252 USDC (shortened; full value 10.9312522 USDC)173,536.36 USDC (shortened; full value 173536.3617673355618824998278252924 USDC)172,428.11 USDC (shortened; full value 172428.11097600106776096096 USDC)
100%100.368770 USDC (shortened; full value 100.3687702 USDC)176,756.82 USDC (shortened; full value 176756.8213209103982995988701343277 USDC)172,428.11 USDC (shortened; full value 172428.11097600106776096096 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
35.1574 % (shortened; full value 35.15747673403019738143477979 %)
Top ten holders
92.8848 % (shortened; full value 92.88484911344507045928038618 %)
Concentration index
2,212.24 (shortened; full value 2212.2433547256137859145572347699038611680653292295347081)

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