| Market Reports

Kraken Daily Market Report for March 11 2021

Overview


  • Total spot trading volume at $1.42 billion, near the 30-day average of $1.92 billion.
  • Total futures notional at $865.0 million.
  • The top five traded coins were, respectively, Bitcoin, Ethereum, Tether, Polkadot, and Cardano.
  • Strong returns from Kava (+28%), and Orchird (+14%).

March 11, 2021 
 $1.42B traded across all markets today
 Crypto, EUR, USD, JPY, CAD, GBP, CHF, AUD 
XBT 
$57701. 
↑3.0% 
$731.2M
ETH 
$1839.9 
↑2.4% 
$232.3M
USDT 
$1.0003 
↑0.02% 
$209.2M
DOT 
$37.432 
↓0.8% 
$63.5M
ADA 
$1.1149 
↓1.7% 
$54.5M
USDC 
$1.0 
↓0.01% 
$25.6M
LTC 
$201.34 
↑0.1% 
$24.3M
LINK 
$30.346 
↑1.4% 
$16.8M
XRP 
$0.4550 
↓1.5% 
$15.6M
KSM 
$334.70 
↑9.9% 
$12.0M
OXT 
$0.6283 
↑14% 
$10.8M
BCH 
$550.75 
↑0.5% 
$10.5M
XLM 
$0.4064 
↓1.0% 
$9.55M
FLOW 
$31.938 
↓6.6% 
$9.53M
MANA 
$0.5353 
↑11% 
$7.18M
ZEC 
$155.73 
↑11% 
$6.55M
UNI 
$31.523 
↑1.9% 
$6.47M
ATOM 
$19.199 
↓2.4% 
$5.96M
XDG 
$0.0556 
↓0.5% 
$5.3M
GRT 
$1.9263 
↓5.5% 
$5.2M
DAI 
$1.0004 
↓0.0% 
$4.75M
XTZ 
$4.1514 
↓0.16% 
$4.45M
BAT 
$0.7944 
↓3.5% 
$4.44M
ALGO 
$1.0937 
↓1.7% 
$4.2M
KAVA 
$5.1863 
↑28% 
$4.19M
EOS 
$3.9618 
↓1.1% 
$4.05M
XMR 
$220.27 
↓0.1% 
$3.9M
AAVE 
$411.93 
↑1.2% 
$3.71M
TRX 
$0.0515 
↓0.07% 
$2.95M
OCEAN 
$1.3599 
↑0.1% 
$2.7M
DASH 
$237.67 
↑1.2% 
$2.52M
NANO 
$5.5351 
↓2.2% 
$2.18M
FIL 
$41.845 
↓1.6% 
$2.03M
YFI 
$38409. 
↑1.4% 
$1.68M
ICX 
$1.8885 
↑1.1% 
$1.56M
SC 
$0.0117 
↓1.9% 
$1.54M
ETC 
$12.255 
↑1.9% 
$1.32M
KNC 
$2.1931 
↑6.9% 
$1.3M
CRV 
$2.1870 
↓1.4% 
$1.21M
SNX 
$21.277 
↓1.7% 
$1.17M
KEEP 
$0.4881 
↑11% 
$1.13M
OMG 
$5.1863 
↑2.2% 
$1.12M
EWT 
$14.831 
↓2.6% 
$1.01M
QTUM 
$6.0877 
↓2.8% 
$994K
COMP 
$472.15 
↑2.1% 
$955K
WAVES 
$10.040 
↓2.2% 
$850K
REPV2 
$32.854 
↓2.7% 
$694K
PAXG 
$1739.0 
↑0.11% 
$652K
MLN 
$42.529 
↑1.0% 
$602K
LSK 
$3.2084 
↓0.9% 
$454K
BAL 
$48.809 
↑5.9% 
$276K
REP 
$32.925 
↓3.4% 
$254K
ANT 
$5.1658 
↑0.4% 
$235K
STORJ 
$0.6918 
↓0.8% 
$201K
GNO 
$147.45 
↓2.3% 
$191K
TBTC 
$57525. 
↑0.5% 
$48.5K

Overview


  • Total spot trading volume at $1.42 billion, near the 30-day average of $1.92 billion.
  • Total futures notional at $865.0 million.
  • The top five traded coins were, respectively, Bitcoin, Ethereum, Tether, Polkadot, and Cardano.
  • Strong returns from Kava (+28%), and Orchird (+14%).

March 11, 2021 
 $1.42B traded across all markets today
 Crypto, EUR, USD, JPY, CAD, GBP, CHF, AUD 
XBT 
$57701. 
↑3.0% 
$731.2M
ETH 
$1839.9 
↑2.4% 
$232.3M
USDT 
$1.0003 
↑0.02% 
$209.2M
DOT 
$37.432 
↓0.8% 
$63.5M
ADA 
$1.1149 
↓1.7% 
$54.5M
USDC 
$1.0 
↓0.01% 
$25.6M
LTC 
$201.34 
↑0.1% 
$24.3M
LINK 
$30.346 
↑1.4% 
$16.8M
XRP 
$0.4550 
↓1.5% 
$15.6M
KSM 
$334.70 
↑9.9% 
$12.0M
OXT 
$0.6283 
↑14% 
$10.8M
BCH 
$550.75 
↑0.5% 
$10.5M
XLM 
$0.4064 
↓1.0% 
$9.55M
FLOW 
$31.938 
↓6.6% 
$9.53M
MANA 
$0.5353 
↑11% 
$7.18M
ZEC 
$155.73 
↑11% 
$6.55M
UNI 
$31.523 
↑1.9% 
$6.47M
ATOM 
$19.199 
↓2.4% 
$5.96M
XDG 
$0.0556 
↓0.5% 
$5.3M
GRT 
$1.9263 
↓5.5% 
$5.2M
DAI 
$1.0004 
↓0.0% 
$4.75M
XTZ 
$4.1514 
↓0.16% 
$4.45M
BAT 
$0.7944 
↓3.5% 
$4.44M
ALGO 
$1.0937 
↓1.7% 
$4.2M
KAVA 
$5.1863 
↑28% 
$4.19M
EOS 
$3.9618 
↓1.1% 
$4.05M
XMR 
$220.27 
↓0.1% 
$3.9M
AAVE 
$411.93 
↑1.2% 
$3.71M
TRX 
$0.0515 
↓0.07% 
$2.95M
OCEAN 
$1.3599 
↑0.1% 
$2.7M
DASH 
$237.67 
↑1.2% 
$2.52M
NANO 
$5.5351 
↓2.2% 
$2.18M
FIL 
$41.845 
↓1.6% 
$2.03M
YFI 
$38409. 
↑1.4% 
$1.68M
ICX 
$1.8885 
↑1.1% 
$1.56M
SC 
$0.0117 
↓1.9% 
$1.54M
ETC 
$12.255 
↑1.9% 
$1.32M
KNC 
$2.1931 
↑6.9% 
$1.3M
CRV 
$2.1870 
↓1.4% 
$1.21M
SNX 
$21.277 
↓1.7% 
$1.17M
KEEP 
$0.4881 
↑11% 
$1.13M
OMG 
$5.1863 
↑2.2% 
$1.12M
EWT 
$14.831 
↓2.6% 
$1.01M
QTUM 
$6.0877 
↓2.8% 
$994K
COMP 
$472.15 
↑2.1% 
$955K
WAVES 
$10.040 
↓2.2% 
$850K
REPV2 
$32.854 
↓2.7% 
$694K
PAXG 
$1739.0 
↑0.11% 
$652K
MLN 
$42.529 
↑1.0% 
$602K
LSK 
$3.2084 
↓0.9% 
$454K
BAL 
$48.809 
↑5.9% 
$276K
REP 
$32.925 
↓3.4% 
$254K
ANT 
$5.1658 
↑0.4% 
$235K
STORJ 
$0.6918 
↓0.8% 
$201K
GNO 
$147.45 
↓2.3% 
$191K
TBTC 
$57525. 
↑0.5% 
$48.5K



#####################. 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 (March 11 2021)



Figure 2: Mid-size trading assets: (measured in USD) (March 11 2021)



Figure 3: Smallest trading assets: (measured in USD) (March 11 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 (March 11 2021)



.


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

Returns and Volume


Figure 5: Returns of the four highest volume pairs (March 11 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 (March 11 2021)



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

Daily Returns %


Figure 7: Returns over USD and XBT. Relative volume and return size is indicated by the size of the font. (March 11 2021)



###########. Disclaimer #################################################

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.