Overview

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• Total spot trading volume at $1.86 billion, near the 30-day average of $2.08 billion.
• Total futures notional at $780.0 million.
• The top five traded coins were, respectively, Bitcoin, Ethereum, Tether, Cardano, and Polkadot.
• Strong returns from Lisk (+16%), Litecoin (+11%), Synthetix (+12%), Kyber Network (+11%), and Kava (+11%).

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February 25, 2021   $1.86B traded across all markets today  Crypto, EUR, USD, JPY, CAD, GBP, CHF, AUD
XBT  $50966.  ↑2.4%  $762.3M	ETH  $1632.3  ↑0.19%  $296.7M	USDT  $1.0006  ↓0.04%  $200.7M	ADA  $1.1165  ↑6.3%  $184.1M	DOT  $34.439  ↑2.2%  $81.3M
LTC  $201.51  ↑11%  $48.0M	USDC  $1.0002  ↑0.0%  $32.8M	LINK  $28.183  ↑0.17%  $27.8M	XRP  $0.4724  ↑0.9%  $25.2M	XDG  $0.0548  ↓3.8%  $20.9M
BCH  $548.38  ↑3.9%  $12.8M	ATOM  $19.931  ↑1.6%  $12.7M	FLOW  $20.923  ↑0.6%  $10.5M	KSM  $247.75  ↑1.9%  $9.43M	UNI  $25.939  ↑2.7%  $8.71M
ALGO  $1.1156  ↑5.2%  $8.13M	XLM  $0.4195  ↑3.7%  $7.97M	GRT  $1.9406  ↑2.3%  $7.9M	XTZ  $3.7846  ↑7.1%  $7.01M	LSK  $3.2797  ↑16%  $5.94M
XMR  $212.06  ↑3.4%  $5.39M	AAVE  $379.16  ↑3.1%  $4.4M	DAI  $1.0013  ↓0.02%  $4.22M	TRX  $0.0495  ↑3.4%  $4.18M	EOS  $4.0613  ↑4.6%  $4.06M
DASH  $241.44  ↑1.6%  $3.81M	SNX  $21.426  ↑12%  $3.64M	ICX  $1.7554  ↑4.4%  $3.14M	QTUM  $5.6487  ↑6.4%  $3.13M	NANO  $5.9207  ↑2.0%  $2.97M
WAVES  $10.571  ↑7.5%  $2.67M	FIL  $36.790  ↑0.5%  $2.62M	ZEC  $137.80  ↑5.2%  $2.48M	YFI  $34949.  ↑3.3%  $2.13M	BAT  $0.5247  ↑2.1%  $2.03M
SC  $0.0110  ↑1.7%  $2.02M	OMG  $4.9844  ↑5.3%  $1.84M	OXT  $0.5219  ↑2.9%  $1.8M	MANA  $0.2640  ↑6.8%  $1.77M	KAVA  $3.7938  ↑11%  $1.24M
COMP  $447.99  ↑2.5%  $1.19M	KNC  $1.8100  ↑11%  $1.0M	ETC  $11.998  ↑1.0%  $927K	PAXG  $1786.2  ↓1.3%  $845K	REP  $35.801  ↑8.3%  $840K
KEEP  $0.3718  ↑7.3%  $838K	CRV  $2.2404  ↑3.9%  $629K	ANT  $4.6311  ↓2.3%  $546K	GNO  $141.87  ↑5.5%  $436K	STORJ  $0.6493  ↑9.3%  $412K
BAL  $39.290  ↑1.9%  $345K	REPV2  $28.291  ↑11%  $305K	MLN  $40.612  ↑3.0%  $277K	TBTC  $53227.  ↑0.9%  $85.0K

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

Trading Volume by Asset

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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 25 2021)



Figure 2: Mid-size trading assets: (measured in USD) (February 25 2021)



Figure 3: Smallest trading assets: (measured in USD) (February 25 2021)

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

Spread %

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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 25 2021)



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

Returns and Volume

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Figure 5: Returns of the four highest volume pairs (February 25 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 25 2021)