| Market Reports

Kraken Daily Market Report for February 08 2021

Overview


  • Total spot trading volume at $2.89 billion, up 62% from the 30-day average of $1.78 billion.
  • Total futures notional at $800.6 million.
  • The top five traded coins were, respectively, Bitcoin, Ethereum, Dogecoin, Tether, and Cardano.
  • Bitcoin had a super strong return of 15% over USD. All other coins had a neutral or strong day, including Ethereum (+5.9%), Algo (+23%), and Polkadot (+18)%.

February 08, 2021 
 $2.89B traded across all markets today
 Crypto, EUR, USD, JPY, CAD, GBP, CHF, AUD 
XBT 
$44607. 
↑15% 
$1427.8M
ETH 
$1709.4 
↑5.9% 
$534.8M
XDG 
$0.0799 
↑4.9% 
$275.6M
USDT 
$1.0008 
↓0.08% 
$253.9M
ADA 
$0.6958 
↑5.4% 
$134.8M
DOT 
$23.370 
↑18% 
$128.8M
XRP 
$0.4498 
↑7.6% 
$51.5M
LTC 
$164.61 
↑9.0% 
$39.6M
USDC 
$0.9999 
↑0.0% 
$39.4M
LINK 
$25.166 
↑1.6% 
$30.7M
XLM 
$0.3957 
↑2.7% 
$22.6M
BCH 
$475.29 
↑6.6% 
$18.1M
ALGO 
$1.0381 
↑23% 
$16.7M
AAVE 
$488.12 
↑3.3% 
$16.4M
ATOM 
$14.316 
↑4.0% 
$15.5M
UNI 
$19.057 
↑2.0% 
$12.5M
TRX 
$0.0403 
↑12% 
$8.84M
EOS 
$3.5406 
↑2.8% 
$8.51M
XTZ 
$3.3782 
↑2.1% 
$8.35M
DAI 
$1.0008 
↓0.01% 
$7.8M
FIL 
$25.442 
↑5.7% 
$7.76M
GRT 
$0.9632 
↑4.7% 
$7.15M
KSM 
$133.83 
↑15% 
$6.47M
SNX 
$21.493 
↑6.9% 
$6.4M
XMR 
$160.76 
↑6.6% 
$5.65M
SC 
$0.0089 
↑7.9% 
$4.46M
COMP 
$468.61 
↑2.3% 
$4.45M
BAT 
$0.4184 
↑2.6% 
$4.01M
YFI 
$33453. 
↑8.2% 
$3.87M
DASH 
$122.73 
↑3.6% 
$3.32M
KNC 
$1.8405 
↑5.1% 
$3.31M
CRV 
$3.1000 
↑3.8% 
$3.23M
OMG 
$4.7846 
↑3.1% 
$3.09M
QTUM 
$4.6599 
↑9.6% 
$3.01M
FLOW 
$10.245 
↑1.5% 
$2.77M
WAVES 
$8.2982 
↑3.0% 
$2.77M
OXT 
$0.4224 
↑4.5% 
$2.42M
ZEC 
$96.814 
↑4.6% 
$2.3M
MANA 
$0.2357 
↓0.5% 
$2.24M
NANO 
$3.7543 
↑4.6% 
$2.21M
KAVA 
$3.4897 
↑5.6% 
$1.64M
ICX 
$0.8345 
↑0.8% 
$1.55M
BAL 
$37.899 
↑4.3% 
$1.18M
ETC 
$8.6265 
↑3.9% 
$1.12M
KEEP 
$0.3520 
↑10% 
$1.07M
PAXG 
$1839.9 
↓0.04% 
$1.03M
REP 
$24.022 
↑2.2% 
$929K
LSK 
$1.7891 
↑14% 
$882K
MLN 
$42.659 
↑2.0% 
$722K
GNO 
$137.44 
↑3.5% 
$634K
ANT 
$5.5836 
↑6.7% 
$569K
STORJ 
$0.5275 
↑0.4% 
$475K
TBTC 
$46018. 
↑17% 
$342K
REPV2 
$22.771 
↑7.7% 
$116K

Overview


  • Total spot trading volume at $2.89 billion, up 62% from the 30-day average of $1.78 billion.
  • Total futures notional at $800.6 million.
  • The top five traded coins were, respectively, Bitcoin, Ethereum, Dogecoin, Tether, and Cardano.
  • Bitcoin had a super strong return of 15% over USD. All other coins had a neutral or strong day, including Ethereum (+5.9%), Algo (+23%), and Polkadot (+18)%.

February 08, 2021 
 $2.89B traded across all markets today
 Crypto, EUR, USD, JPY, CAD, GBP, CHF, AUD 
XBT 
$44607. 
↑15% 
$1427.8M
ETH 
$1709.4 
↑5.9% 
$534.8M
XDG 
$0.0799 
↑4.9% 
$275.6M
USDT 
$1.0008 
↓0.08% 
$253.9M
ADA 
$0.6958 
↑5.4% 
$134.8M
DOT 
$23.370 
↑18% 
$128.8M
XRP 
$0.4498 
↑7.6% 
$51.5M
LTC 
$164.61 
↑9.0% 
$39.6M
USDC 
$0.9999 
↑0.0% 
$39.4M
LINK 
$25.166 
↑1.6% 
$30.7M
XLM 
$0.3957 
↑2.7% 
$22.6M
BCH 
$475.29 
↑6.6% 
$18.1M
ALGO 
$1.0381 
↑23% 
$16.7M
AAVE 
$488.12 
↑3.3% 
$16.4M
ATOM 
$14.316 
↑4.0% 
$15.5M
UNI 
$19.057 
↑2.0% 
$12.5M
TRX 
$0.0403 
↑12% 
$8.84M
EOS 
$3.5406 
↑2.8% 
$8.51M
XTZ 
$3.3782 
↑2.1% 
$8.35M
DAI 
$1.0008 
↓0.01% 
$7.8M
FIL 
$25.442 
↑5.7% 
$7.76M
GRT 
$0.9632 
↑4.7% 
$7.15M
KSM 
$133.83 
↑15% 
$6.47M
SNX 
$21.493 
↑6.9% 
$6.4M
XMR 
$160.76 
↑6.6% 
$5.65M
SC 
$0.0089 
↑7.9% 
$4.46M
COMP 
$468.61 
↑2.3% 
$4.45M
BAT 
$0.4184 
↑2.6% 
$4.01M
YFI 
$33453. 
↑8.2% 
$3.87M
DASH 
$122.73 
↑3.6% 
$3.32M
KNC 
$1.8405 
↑5.1% 
$3.31M
CRV 
$3.1000 
↑3.8% 
$3.23M
OMG 
$4.7846 
↑3.1% 
$3.09M
QTUM 
$4.6599 
↑9.6% 
$3.01M
FLOW 
$10.245 
↑1.5% 
$2.77M
WAVES 
$8.2982 
↑3.0% 
$2.77M
OXT 
$0.4224 
↑4.5% 
$2.42M
ZEC 
$96.814 
↑4.6% 
$2.3M
MANA 
$0.2357 
↓0.5% 
$2.24M
NANO 
$3.7543 
↑4.6% 
$2.21M
KAVA 
$3.4897 
↑5.6% 
$1.64M
ICX 
$0.8345 
↑0.8% 
$1.55M
BAL 
$37.899 
↑4.3% 
$1.18M
ETC 
$8.6265 
↑3.9% 
$1.12M
KEEP 
$0.3520 
↑10% 
$1.07M
PAXG 
$1839.9 
↓0.04% 
$1.03M
REP 
$24.022 
↑2.2% 
$929K
LSK 
$1.7891 
↑14% 
$882K
MLN 
$42.659 
↑2.0% 
$722K
GNO 
$137.44 
↑3.5% 
$634K
ANT 
$5.5836 
↑6.7% 
$569K
STORJ 
$0.5275 
↑0.4% 
$475K
TBTC 
$46018. 
↑17% 
$342K
REPV2 
$22.771 
↑7.7% 
$116K



#####################. Trading Volume by Asset. ##########################################

Trading Volume by Asset


The figures below break down the trading volume of the largest, mid-size, and smallest assets. Cryptos are in purple, fiats are in blue. For each asset, the chart contains the daily trading volume in USD, and the percentage of the total trading volume. The percentages for fiats and cryptos are treated separately, so that they both add up to 100%.

Figure 1: Largest trading assets: trading volume (measured in USD) and its percentage of the total trading volume (February 08 2021)



Figure 2: Mid-size trading assets: (measured in USD) (February 08 2021)



Figure 3: Smallest trading assets: (measured in USD) (February 08 2021)



#####################. Spread %. ##########################################

Spread %


Spread percentage is the width of the bid/ask spread divided by the bid/ask midpoint. The values are generated by taking the median spread percentage over each minute, then the average of the medians over the day.

Figure 4: Average spread % by pair (February 08 2021)



.


#########. Returns and Volume ############################################

Returns and Volume


Figure 5: Returns of the four highest volume pairs (February 08 2021)


Figure 6: Volume of the major currencies and an average line that fits the data to a sinusoidal curve to show the daily volume highs and lows (February 08 2021)