Kraken Daily Market Report for September 11 2020

Overview


  • Total trading at $175.7 million, lower than the 30-day average of $313.9 million as Bitcoin was relatively calm within -1% to 0%.
  • Strong day for USDT, which was 13% of the total trading volume.
  • Yesterday’s biggest Winner was Gnosis, which is today’s biggest loser. But, today’s -8% returns only partially offset yesterday’s 17% gains. Yesterday’s second biggest gainer, Kava, was today’s second biggest loser (+14% yesterday, -5.2% today).

September 11, 2020 
 $175.7M traded across all markets today
 Crypto, EUR, USD, JPY, CAD, GBP, CHF, AUD 
XBT 
$10401. 
↑0.5% 
$83.8M
ETH 
$374.14 
↑1.6% 
$40.3M
USDT 
$1.0004 
↑0.02% 
$23.9M
LINK 
$12.475 
↓0.5% 
$7.44M
DOT 
$4.6490 
↑1.6% 
$4.51M
XRP 
$0.2429 
↓0.12% 
$2.79M
USDC 
$1.0003 
↑0.01% 
$2.33M
XTZ 
$2.5693 
↓0.9% 
$2.18M
ADA 
$0.0971 
↑0.21% 
$1.33M
LTC 
$49.070 
↑0.8% 
$1.24M
ATOM 
$5.3591 
↑0.6% 
$1.01M
ALGO 
$0.4122 
↓0.4% 
$936K
BCH 
$225.54 
↓0.9% 
$908K
TRX 
$0.0335 
↑1.4% 
$904K
REP 
$18.587 
↑9.5% 
$727K
OXT 
$0.3504 
↓0.8% 
$702K
STORJ 
$0.5327 
↑5.9% 
$587K
QTUM 
$2.8170 
↑7.0% 
$535K
EOS 
$2.7880 
↑0.28% 
$531K
DAI 
$1.0360 
↑0.1% 
$495K
XMR 
$84.200 
↓1.6% 
$472K
XLM 
$0.0838 
↑3.4% 
$407K
GNO 
$65.424 
↓8.0% 
$398K
PAXG 
$1951.7 
↑0.04% 
$373K
COMP 
$173.54 
↑1.1% 
$365K
KAVA 
$2.6857 
↓5.2% 
$363K
OMG 
$3.8483 
↓0.4% 
$346K
MLN 
$45.923 
↑2.6% 
$331K
ICX 
$0.4485 
↓1.7% 
$322K
BAT 
$0.2642 
↓0.6% 
$281K
KNC 
$1.2283 
↓0.8% 
$267K
ZEC 
$63.477 
↑2.2% 
$258K
XDG 
$0.0027 
↓0.31% 
$250K
WAVES 
$2.5065 
↑2.9% 
$195K
DASH 
$77.111 
↑0.0% 
$193K
SC 
$0.0034 
↑1.0% 
$169K
ETC 
$5.3147 
↑1.8% 
$134K
NANO 
$0.8901 
↑3.0% 
$133K
REPV2 
$18.203 
↑9.3% 
$58.9K
LSK 
$1.4577 
↑0.6% 
$55.6K



#####################. 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 (September 11 2020)



Figure 2: Mid-size trading assets: (measured in USD) (September 11 2020)



Figure 3: Smallest trading assets: (measured in USD) (September 11 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 (September 11 2020)



.


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

Returns and Volume


Figure 5: Returns of the four highest volume pairs (September 11 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 (September 11 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. (September 11 2020)



###########. 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.