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.
99,829.61 USDC (shortened; full value 99829.6153657549024169457180325 USDC)
Limited by manipulation cost
- Liquidation term
- 448,805.61 USDC (shortened; full value 448805.6171139593762313743836035690286781024652362184075 USDC)
Sell-side depth at the liquidation delta, times the haircut.
- Manipulation termbinds
- 99,829.61 USDC (shortened; full value 99829.6153657549024169457180325 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
- 0.99873918 USDC (shortened; full value 0.99873918585143 USDC)
Source: order book mid
- Spread
- 0.1462 % (shortened; full value 0.14620716978228387968203134 %)
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 0.10037825863683335936390097 %)
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% | 1.498108 USDC (shortened; full value 1.498108778777145 USDC) | 412,179.05 USDC (shortened; full value 412179.0584480993311469712932009978 USDC) | 399,318.46 USDC (shortened; full value 399318.46146301960966778287213 USDC) |
| 1% | 1.997478 USDC (shortened; full value 1.99747837170286 USDC) | 423,045.32 USDC (shortened; full value 423045.3276356924986037644695695013 USDC) | 399,318.46 USDC (shortened; full value 399318.46146301960966778287213 USDC) |
| 10% | 10.986131 USDC (shortened; full value 10.98613104436573 USDC) | 532,552.13 USDC (shortened; full value 532552.1367001574644521690092451807 USDC) | 399,719.57 USDC (shortened; full value 399719.57923005960966778287213 USDC) |
| 100% | 100.872657 USDC (shortened; full value 100.87265777099443 USDC) | 918,712.59 USDC (shortened; full value 918712.5923177285862048830456922817 USDC) | 399,719.57 USDC (shortened; full value 399719.57923005960966778287213 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?
This source is a lower bound, not a measurement
Trades-implied rebuilds the book from trades that happened, so every figure below is a floor: the real value is at least this, and may be more. It is not comparable with a direct reading.
No readings were stored in this range from this source
The engine accepted the request and returned nothing for Trades 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
- 64,489,958
Closed at 2026-09-18T12:46:08Z
- Computed at
- 2026-09-18T12:46:17.274053Z
- Data source
- horizon
- Methodology
- 1.0.8-draft
The version that produced these figures, not the one this page was built against