| Market Reports

Kraken Daily Market Report for February 23 2021

Overview

  • Total spot trading volume at $4.67, an all-time high, and 131% higher than the 30-day average of $2.02 billion.
  • Total futures notional at $1.93 billion, another all-time high.
  • The top five traded coins were, respectively, Bitcoin, Ethereum, Tether, Cardano, and Polkadot.
  • Besides DAI (+0.8%), all coins posted losses: Bitcoin (-10%) and Ethereum (-14%).
February 23, 2021 
 $4.67B traded across all markets today
 Crypto, EUR, USD, JPY, CAD, GBP, CHF, AUD 
XBT 
$48687. 
↓10% 
$1808.2M		 ETH 
$1531.5 
↓14% 
$876.7M		 USDT 
$0.9994 
↓0.13% 
$341.1M		 ADA 
$0.9409 
↓15% 
$282.6M		 DOT 
$32.663 
↓13% 
$213.4M
XRP 
$0.4689 
↓17% 
$152.9M		 LTC 
$180.83 
↓13% 
$97.5M		 LINK 
$26.033 
↓18% 
$93.1M		 USDC 
$1.0000 
↓0.01% 
$73.8M		 XLM 
$0.3893 
↓16% 
$51.2M
BCH 
$538.95 
↓15% 
$49.7M		 XDG 
$0.0491 
↓8.7% 
$37.9M		 ATOM 
$18.090 
↓15% 
$36.1M		 UNI 
$22.194 
↓20% 
$27.5M		 GRT 
$1.6538 
↓18% 
$25.1M
XTZ 
$3.5099 
↓18% 
$24.0M		 KSM 
$246.61 
↓8.7% 
$23.9M		 EOS 
$4.0074 
↓15% 
$23.1M		 ALGO 
$0.9438 
↓18% 
$19.0M		 AAVE 
$330.25 
↓18% 
$18.9M
DASH 
$228.07 
↓16% 
$18.0M		 FLOW 
$19.431 
↓14% 
$16.5M		 TRX 
$0.0464 
↓15% 
$15.4M		 XMR 
$193.67 
↓14% 
$15.1M		 DAI 
$1.0074 
↑0.8% 
$13.8M
ZEC 
$123.76 
↓15% 
$11.7M		 WAVES 
$9.2355 
↓13% 
$10.3M		 FIL 
$35.329 
↓10% 
$9.9M		 SNX 
$16.851 
↓20% 
$8.98M		 OMG 
$4.6566 
↓16% 
$8.85M
QTUM 
$5.3018 
↓17% 
$8.67M		 YFI 
$32753. 
↓17% 
$7.5M		 BAT 
$0.4562 
↓17% 
$7.4M		 SC 
$0.0097 
↓23% 
$6.63M		 ICX 
$1.4570 
↓20% 
$6.52M
NANO 
$5.0061 
↓21% 
$5.96M		 ETC 
$11.528 
↓18% 
$5.01M		 OXT 
$0.5092 
↓15% 
$3.94M		 COMP 
$367.43 
↓14% 
$3.7M		 MANA 
$0.2200 
↓19% 
$3.21M
CRV 
$2.1115 
↓18% 
$3.04M		 KAVA 
$3.4044 
↓21% 
$2.8M		 LSK 
$2.6352 
↓22% 
$2.19M		 KNC 
$1.6231 
↓18% 
$2.07M		 REP 
$28.546 
↓15% 
$1.94M
PAXG 
$1816.7 
↓0.5% 
$1.45M		 STORJ 
$0.5733 
↓22% 
$1.41M		 BAL 
$34.447 
↓16% 
$1.13M		 ANT 
$4.4228 
↓17% 
$1.04M		 KEEP 
$0.3569 
↓11% 
$903K
MLN 
$39.722 
↓6.2% 
$676K		 GNO 
$128.62 
↓12% 
$604K		 REPV2 
$24.575 
↓23% 
$469K		 TBTC 
$52073. 
↓3.6% 
$172K



#####################. 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 23 2021)



Figure 2: Mid-size trading assets: (measured in USD) (February 23 2021)



Figure 3: Smallest trading assets: (measured in USD) (February 23 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 23 2021)



.


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

Returns and Volume

Figure 5: Returns of the four highest volume pairs (February 23 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 23 2021)