Kraken Daily Market Report for December 12 2020
Overview
- Total spot trading volume was at $338.5 million, fairly high for weekend trading as Bitcoin and Ethereum had strong gains late in the day to close +4.2% and 4.4%, respectively.
- The coin with the largest 30-day increase in trading volume is Ripple. Ripple was the second most traded coin today (trailing Bitcoin); however, Ripple was also one of the few coins to post a loss against USD (-1.3%) and an even bigger loss against Bitcoin (-5%).
- Some coins significantly outperformed the dollar today, including Litecoin (+6.1%), Yearn (+8.4%), Nano (+8.1%), and Melon (+7.9%).
| December 12, 2020 $338.5M traded across all markets today Crypto, EUR, USD, JPY, CAD, GBP, CHF, AUD |
||||
|---|---|---|---|---|
| XBT $18790. ↑4.2% $161.6M |
XRP $0.5050 ↓1.3% $73.7M |
ETH $567.94 ↑4.4% $45.9M |
USDT $1.0004 ↑0.05% $24.2M |
XMR $146.68 ↑3.2% $11.9M |
| LINK $12.189 ↑4.6% $5.53M |
LTC $76.587 ↑6.1% $4.93M |
ADA $0.1440 ↑3.5% $4.77M |
YFI $25339. ↑8.4% $3.61M |
XLM $0.1585 ↑5.5% $3.59M |
| USDC $1.0000 ↑0.01% $2.73M |
WAVES $8.4442 ↑3.8% $2.2M |
BCH $267.57 ↑3.5% $2.09M |
DOT $4.7344 ↑2.6% $1.82M |
ALGO $0.3091 ↑7.2% $1.27M |
| XTZ $2.1327 ↑2.7% $1.1M |
ATOM $5.0626 ↑7.6% $982K |
OMG $3.1868 ↑6.5% $650K |
REP $16.726 ↑2.3% $632K |
DAI $1.0027 ↓0.18% $631K |
| DASH $94.628 ↑1.5% $629K |
KSM $48.319 ↑6.8% $528K |
FIL $29.910 ↑0.3% $481K |
COMP $144.51 ↑1.3% $439K |
ZEC $65.924 ↑3.6% $412K |
| TRX $0.0285 ↑3.0% $371K |
ETC $5.9479 ↑2.8% $350K |
CRV $0.5915 ↑6.3% $347K |
BAT $0.2110 ↑3.9% $340K |
NANO $1.0031 ↑8.1% $313K |
| SNX $4.4665 ↑2.6% $310K |
OXT $0.2592 ↑5.1% $294K |
EOS $2.7653 ↑2.9% $291K |
UNI $3.1189 ↑5.1% $276K |
MLN $32.908 ↑7.9% $191K |
| QTUM $2.4653 ↑5.6% $187K |
PAXG $1846.4 ↑0.03% $182K |
TBTC $18792. ↑5.8% $106K |
LSK $1.2583 ↑5.3% $102K |
KAVA $1.5175 ↑3.1% $99.2K |
| SC $0.0032 ↑4.9% $97.1K |
ICX $0.3839 ↑6.3% $86.3K |
KEEP $0.2799 ↑7.0% $76.7K |
XDG $0.0031 ↑3.1% $67.0K |
BAL $11.790 ↑5.3% $65.1K |
| KNC $0.8934 ↑3.1% $44.8K |
REPV2 $15.501 ↑6.8% $36.2K |
STORJ $0.3426 ↑4.4% $29.8K |
ANT $2.9690 ↓2.3% $16.5K |
GNO $61.070 ↑2.1% $9.43K |
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 (December 12 2020)
Figure 2: Mid-size trading assets: (measured in USD) (December 12 2020)
Figure 3: Smallest trading assets: (measured in USD) (December 12 2020)
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 (December 12 2020)
Returns and Volume
Figure 5: Returns of the four highest volume pairs (December 12 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 (December 12 2020)
Daily Returns %
Figure 7: Returns over USD and XBT. Relative volume and return size is indicated by the size of the font. (December 12 2020)
The values generated in this report are from public market data distributed from Kraken WebSockets api. The total volumes and returns are calculated over the reporting day using UTC time.