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keel
Ledger
65,277,143
Methodology
1.0.8-draft
Age
7s

sUSD against USDC — what depth stands behind this price?

All assets

sUSD / USDC

GCHW…JYIH

Risk band

Medium

partial confidence

A floor: the real band can only be worse.

Max safe collateral
627.09 USDC (shortened; full value 627.090445917112218870869352431260567822481803432198 USDC)Limited by liquidation depth
Depth within 5%
buy187,628.58 USDC (shortened; full value 187628.5846819924680017336180482795 USDC)sell1,062.50 USDC (shortened; full value 1062.501129173164865371992433043814432392353741172043 USDC)
Cost to move +50%
187,616.58 USDC (shortened; full value 187616.58242347304706958641383 USDC)Reachable through the order book
Checks
2 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
179,801.05 USDC (shortened; full value 179801.0564622127529838986889582567 USDC)
Highest
190,091.48 USDC (shortened; full value 190091.4841077773606595334440734324 USDC)
2026-10-27T23:54:13Z — 2026-11-03T01:54:14ZOne scale across every line on this chart
2% from mid
187,331.88 USDC (shortened; full value 187331.8869475517300733741710768837 USDC)
5% from mid
187,338.93 USDC (shortened; full value 187338.9304407923654754360922393644 USDC)
10% from mid
187,350.44 USDC (shortened; full value 187350.4495993780304423859572024697 USDC)
8 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.
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
187,616.58 USDC (shortened; full value 187616.58242347304706958641383 USDC)

The target is reachable through the order book

Genuine volume in the oracle window
376.82 USDC (shortened; full value 376.8269043 USDC)

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

Cost against genuine volume
497.8853 (shortened; full value 497.8853162620985580980620385868)

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
187,993.40 USDC (shortened; full value 187993.40932777304706958641383 USDC)

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