| Market Reports

Kraken Daily Market Report for January 04 2021

Overview

  • Total spot trading volume at an all time high of $2.48 billion, more than 27% larger compared to the last daily all time high (of $1.94 billion).
  • Trading was extra high as Bitcoin was down by more than 10% at mid-day, but closed only at -3.4%. Meanwhile, Ethereum was up by over 15%, then fell to -5%, then recovered to close +5.5%.
  • Strong day for Aave (+20%), Stellar (+20%), and Synthetix (+19%).
January 04, 2021 
 $2481.4M traded across all markets today
 Crypto, EUR, USD, JPY, CAD, GBP, CHF, AUD 
XBT 
$31988. 
↓3.4% 
$1091.9M		 ETH 
$1039.3 
↑5.5% 
$871.1M		 USDT 
$1.0006 
↓0.05% 
$225.2M		 LTC 
$154.85 
↓4.4% 
$80.1M		 DOT 
$9.4855 
↓6.8% 
$52.8M
XRP 
$0.2361 
↑4.4% 
$52.0M		 LINK 
$13.622 
↓1.3% 
$42.3M		 ADA 
$0.2254 
↑8.9% 
$40.9M		 USDC 
$1.0000 
↑0.01% 
$39.5M		 BCH 
$405.94 
↓4.7% 
$32.1M
XLM 
$0.1642 
↑20% 
$24.6M		 XDG 
$0.0097 
↓0.4% 
$17.7M		 XMR 
$133.86 
↓3.7% 
$10.8M		 EOS 
$2.8156 
↑0.19% 
$10.8M		 XTZ 
$2.3296 
↑8.4% 
$10.1M
YFI 
$23360. 
↓3.0% 
$8.35M		 ATOM 
$6.0183 
↑2.4% 
$7.61M		 DAI 
$1.0015 
↓0.18% 
$6.75M		 OMG 
$3.2790 
↑6.4% 
$6.02M		 ALGO 
$0.4443 
↑3.3% 
$5.52M
TRX 
$0.0310 
↑4.8% 
$4.87M		 DASH 
$88.878 
↓1.1% 
$4.23M		 WAVES 
$5.3950 
↓3.5% 
$4.16M		 UNI 
$5.4095 
↓2.5% 
$3.72M		 AAVE 
$113.84 
↑20% 
$3.55M
GRT 
$0.3073 
↑2.4% 
$3.33M		 KSM 
$68.625 
↓6.2% 
$3.17M		 SNX 
$11.430 
↑19% 
$3.16M		 ETC 
$7.0295 
↑6.9% 
$2.74M		 NANO 
$1.4956 
↓13% 
$2.65M
QTUM 
$2.5106 
↑1.1% 
$2.45M		 ZEC 
$60.25 
↑1.1% 
$2.4M		 BAT 
$0.2180 
↓0.03% 
$1.89M		 SC 
$0.0043 
↓7.9% 
$1.81M		 FIL 
$21.508 
↓0.08% 
$1.73M
CRV 
$0.6764 
↓1.2% 
$1.67M		 PAXG 
$1993.0 
↓0.05% 
$1.67M		 OXT 
$0.2338 
↑1.4% 
$1.34M		 COMP 
$150.83 
↑1.9% 
$1.28M		 KAVA 
$1.5121 
↑9.1% 
$1.03M
GNO 
$94.920 
↑4.5% 
$1.01M		 MLN 
$30.814 
↑1.5% 
$760K		 ICX 
$0.5199 
↑6.1% 
$737K		 TBTC 
$32678. 
↓3.2% 
$614K		 BAL 
$15.779 
↓1.5% 
$566K
REP 
$17.083 
↓1.2% 
$546K		 KNC 
$0.8194 
↓1.7% 
$455K		 LSK 
$1.2086 
↓1.7% 
$328K		 STORJ 
$0.3038 
↓3.0% 
$319K		 REPV2 
$16.423 
↓3.7% 
$271K
KEEP 
$0.2165 
↓2.9% 
$245K		 MANA 
$0.0788 
↓4.3% 
$230K		 ANT 
$3.3292 
↑8.5% 
$174K



#####################. 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 (January 04 2021)



Figure 2: Mid-size trading assets: (measured in USD) (January 04 2021)



Figure 3: Smallest trading assets: (measured in USD) (January 04 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 (January 04 2021)



.


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

Returns and Volume

Figure 5: Returns of the four highest volume pairs (January 04 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 (January 04 2021)