| Market Reports

Kraken Daily Market Report for November 25 2020

h2>Overview


  • Total spot trading volume at $876.9 million, continuing the high levels. The last 30 days has seen a 153% increase in trading volume compared to the previous 30-days.
  • Total futures notional at $463.3 million, also well above its 30-day average of $284.8 million.
  • Ripple trading continues to be popular. Ripple trading was 22% of the total crypto volume, beating out Ethereum (13%).
  • New coin to the exchange, Bitcoin-on-Ethereum (tBTC), posted 100% returns today, wrecking several of the charts. Most other coins had slight corrections off their exceptional day yesterday.

November 25, 2020 
 $876.9M traded across all markets today
 Crypto, EUR, USD, JPY, CAD, GBP, CHF, AUD 
XBT 
$18748. 
↓2.2% 
$313.5M
XRP 
$0.6341 
↓8.9% 
$201.8M
ETH 
$570.48 
↓5.8% 
$122.6M
USDT 
$1.0002 
↓0.05% 
$76.4M
XLM 
$0.1944 
↓1.2% 
$51.3M
ADA 
$0.1555 
↓7.1% 
$19.1M
LINK 
$14.248 
↓9.1% 
$15.8M
BCH 
$314.30 
↓10% 
$14.4M
LTC 
$81.850 
↓8.4% 
$14.3M
XTZ 
$2.6015 
↓2.7% 
$12.0M
DOT 
$5.3190 
↓7.3% 
$8.61M
EOS 
$3.4380 
↓4.6% 
$7.45M
USDC 
$1.0000 
↑0.03% 
$6.69M
OMG 
$4.4382 
↑1.8% 
$5.43M
ALGO 
$0.3428 
↓4.3% 
$5.28M
XMR 
$129.35 
↓4.4% 
$4.61M
DASH 
$102.40 
↓10% 
$3.43M
BAT 
$0.2561 
↓2.2% 
$3.31M
WAVES 
$6.6891 
↓12% 
$3.12M
ATOM 
$5.9191 
↓0.9% 
$2.88M
ZEC 
$78.329 
↓9.8% 
$2.86M
FIL 
$31.075 
↑4.4% 
$2.77M
TRX 
$0.0331 
↓6.0% 
$2.67M
YFI 
$22347. 
↓9.4% 
$2.54M
ETC 
$6.9949 
↓3.9% 
$1.84M
DAI 
$1.0027 
↓0.05% 
$1.75M
QTUM 
$2.9295 
↓4.8% 
$1.55M
UNI 
$3.6870 
↓9.4% 
$1.34M
STORJ 
$0.3983 
↓0.7% 
$1.32M
OXT 
$0.3089 
↓8.1% 
$1.31M
ICX 
$0.4717 
↑0.7% 
$1.08M
NANO 
$1.1892 
↓14% 
$1.02M
CRV 
$0.6424 
↓6.5% 
$992K
SNX 
$4.8362 
↓7.9% 
$866K
KAVA 
$1.8968 
↓4.6% 
$865K
SC 
$0.0036 
↓5.8% 
$841K
COMP 
$123.09 
↓3.9% 
$838K
KEEP 
$0.3087 
↓16% 
$827K
KSM 
$42.494 
↓12% 
$823K
TBTC 
$20045. 
↑100% 
$725K
KNC 
$1.1581 
↑2.2% 
$664K
XDG 
$0.0037 
↓13% 
$638K
MLN 
$28.609 
↓12% 
$600K
REP 
$16.315 
↓9.2% 
$553K
PAXG 
$1815.4 
↓0.07% 
$487K
GNO 
$65.969 
↓4.3% 
$351K
ANT 
$3.8000 
↓6.3% 
$309K
LSK 
$1.4357 
↓6.3% 
$281K
BAL 
$14.894 
↓7.0% 
$193K
REPV2 
$16.204 
↓6.4% 
$126K



#####################. 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 (November 25 2020)



Figure 2: Mid-size trading assets: (measured in USD) (November 25 2020)



Figure 3: Smallest trading assets: (measured in USD) (November 25 2020)



#####################. 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 (November 25 2020)



.


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

Returns and Volume


Figure 5: Returns of the four highest volume pairs (November 25 2020)


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 (November 25 2020)



###########. Daily Returns. #################################################

Daily Returns %


Figure 7: Returns over USD and XBT. Relative volume and return size is indicated by the size of the font. (November 25 2020)