Depth Meter

The Depth Meter is an accessory that when equipped will display, near the upper left of the screen, your character's current height above or depth below ground level. This number is based on an absolute height/depth across the entire world, thus an above ground reading may be given even while in a place that is below ground level, such as a cave inside of a hill.

They are useful in finding the Floating Islands and Underground Jungle, as you can clearly see how high above ground level you are.

The Depth Meter can be crafted at a Wooden Table with an adjacent Wooden Chair for 10 Copper Bars, 8 Silver Bars and 6 Gold Bars.