What depth stands behind this price?
yUSDC against USDC · GDGTVW…ZNTTFF
How much can this asset safely back?
- Low — this asset
- Medium
- High
- Critical
Lowpartial 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.
100,061.22 USDC (shortened; full value 100061.222282248420463005226195 USDC)
Limited by manipulation cost
- Liquidation term
- 450,781.21 USDC (shortened; full value 450781.2138793389942969927260483964847385023829171051935 USDC)
Sell-side depth at the liquidation delta, times the haircut.
- Manipulation termbinds
- 100,061.22 USDC (shortened; full value 100061.222282248420463005226195 USDC)
Order-book-only manipulation cost at the critical delta, times the safety margin.
These bands come from thresholds that were chosen, not calibrated
The thresholds were chosen based on the magnitude of the Blend incident of February 2026 and on conservative judgement, not calibrated against a set of incidents. Every flag is reported separately so that consumers can apply their own thresholds.
Where this number comes from
- Source
- GET /asset/{assetId}/depth → maxSafeCollateral, maxSafeCollateralLiquidation, maxSafeCollateralManipulation
- What it is
- Awaiting methodology copy.
- What it does not account for
- Awaiting methodology copy.
What this computation could not do
- maxReachablePrice and costToMaxReachablePrice are null because an active pool is present: under a constant product curve the price tends to infinity as the base reserve tends to zero, so every target is reachable and a highest price has no meaning
Served by the engine with this response and shown as written.
Where does the price come from?
- Mid price
- 0.99873986 USDC (shortened; full value 0.9987398677931763 USDC)
Source: order book mid
- Spread
- 0.1445 % (shortened; full value 0.14452856646615005547392955 %)
Undefined unless the price came from a two-sided book
- Pool spot price
- 0.99974271 USDC (shortened; full value 0.9997427101747521 USDC)
Reported whenever an active pool exists, whichever source won
- Divergence between the two
- 0.1003 % (shortened; full value 0.10031004691202060243182557 %)
Null means there is no pool to diverge from, not that the sources agree
Where this number comes from
- Source
- GET /asset/{assetId}/depth → midPrice, priceSource, spreadPct, poolSpotPrice, priceDivergencePct
- What it is
- Awaiting methodology copy.
- What it does not account for
- Awaiting methodology copy.
What volume can it absorb before the price moves?
- SDEX
- AMM
- Sell side, composition not reported
2% from mid
5% from mid
10% from mid
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.
Where this number comes from
- Source
- GET /asset/{assetId}/depth → depth[]
- What it is
- Awaiting methodology copy.
- What it does not account for
- Awaiting methodology copy.
What would it cost to move the price?
| Move | Target price | Cost, all venues | Cost, order book only |
|---|---|---|---|
| 0.5% | 1.498109 USDC (shortened; full value 1.49810980168976445 USDC) | 413,105.51 USDC (shortened; full value 413105.5100943259255681974765524973 USDC) | 400,244.88 USDC (shortened; full value 400244.88912899368185202090478 USDC) |
| 1% | 1.997479 USDC (shortened; full value 1.9974797355863526 USDC) | 423,971.78 USDC (shortened; full value 423971.782991677068685457118634706 USDC) | 400,244.88 USDC (shortened; full value 400244.88912899368185202090478 USDC) |
| 10% | 10.986138 USDC (shortened; full value 10.9861385457249393 USDC) | 533,478.62 USDC (shortened; full value 533478.6293049623511436222964081611 USDC) | 400,646.00 USDC (shortened; full value 400646.00689603368185202090478 USDC) |
| 100% | 100.872726 USDC (shortened; full value 100.8727266471108063 USDC) | 919,639.21 USDC (shortened; full value 919639.2167581989971433406086625849 USDC) | 400,646.00 USDC (shortened; full value 400646.00689603368185202090478 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.
How far the book actually goes
- Furthest price the book reaches
- not computed
Null by structure, not by failure: an active pool means every target is reachable and a highest price has no meaning
- Cost to walk it that far
- not computed
Null for the same reason as the price above
Against genuine volume
Not reported for this asset. Without it there is no comparison between the cost of an attack and the genuine trading it would have to hide inside.
Where this number comes from
- Source
- GET /asset/{assetId}/depth → manipulationCostCombined[], manipulationCostOrderbookOnly[], oracleResistance
- What it is
- Awaiting methodology copy.
- What it does not account for
- Awaiting methodology copy.
Which checks fired, and which could not run?
Triggered(0)
Nothing triggered.
Could not be evaluated(6)
- MANIPULATION_RATIO_LOW
- NO_GENUINE_TRADE_30D
- HOLDER_CONCENTRATION_EXTREME
- NO_GENUINE_TRADE_7D
- HOLDER_CONCENTRATION_HIGH
- WASH_TRADE_SUSPECTED
Nothing triggered, but 6 checks could not run. This is not a clean result.
Where this number comes from
- Source
- GET /asset/{assetId}/depth → flags[], unevaluatedFlags[], bandConfidence
- What it is
- Awaiting methodology copy.
- What it does not account for
- Awaiting methodology copy.
Who holds it, and is it genuinely traded?
- 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
Where this number comes from
- Source
- GET /asset/{assetId}/depth → holderTop1Pct, holderTop10Pct, holderHhi, volumeToSupply, lastGenuineTrade, tradesExcludedPct
- What it is
- Awaiting methodology copy.
- What it does not account for
- Awaiting methodology copy.
How has this moved over time?
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.
Where this number comes from
- Source
- GET /asset/{assetId}/history → points[], gaps[], dataSource
- What it is
- Awaiting methodology copy.
- What it does not account for
- Awaiting methodology copy.
What was this computed from?
- Ledger
- 64,490,679
Closed at 2026-09-18T13:46:13Z
- Computed at
- 2026-09-18T13:46:18.623413Z
- Data source
- horizon
- Methodology
- 1.0.8-draft
The version that produced these figures, not the one this page was built against