Kraken Daily Market Report for September 30 2020

Overview


  • Total trading volume at $146.9 million, much of the volume occurred during a surge at 03:00 UTC when prices were temporarily declining.
  • The second most traded coin was USDT, which beat out Ethereum. Over the last few months the share of USDT has been steadily growing. USDT may take the 2nd spot permanently if trends continue.
  • There were no red-hot or ice-cold coins today. Monero was +7.6% over USD, and Synthetic was -4.7%; all other coins were in-between.

September 30, 2020 
 $146.9M traded across all markets today
 Crypto, EUR, USD, JPY, CAD, GBP, CHF, AUD 
XBT 
$10773. 
↓0.6% 
$73.3M
USDT 
$0.9999 
↑0.0% 
$22.5M
ETH 
$359.23 
↓0.2% 
$22.1M
LINK 
$9.8569 
↓3.2% 
$6.76M
XMR 
$108.17 
↑7.6% 
$4.82M
USDC 
$1.0002 
↑0.02% 
$2.74M
DOT 
$4.3478 
↓3.3% 
$2.43M
XRP 
$0.2417 
↓0.3% 
$2.04M
ATOM 
$5.3680 
↑1.1% 
$2.0M
XTZ 
$2.1995 
↓1.5% 
$1.68M
ADA 
$0.1013 
↑0.12% 
$1.45M
OXT 
$0.2903 
↓2.9% 
$1.37M
LTC 
$46.239 
↑1.3% 
$1.32M
ALGO 
$0.3465 
↑2.0% 
$1.25M
OMG 
$4.0221 
↓1.9% 
$1.23M
BCH 
$227.94 
↓0.5% 
$953K
SC 
$0.0030 
↑1.5% 
$903K
SNX 
$4.7390 
↓4.7% 
$601K
XLM 
$0.0748 
↑1.0% 
$572K
DAI 
$1.0098 
↓0.11% 
$431K
ZEC 
$64.034 
↑4.5% 
$428K
ETC 
$5.7304 
↓0.3% 
$403K
TRX 
$0.0262 
↓0.3% 
$341K
WAVES 
$2.5695 
↑4.9% 
$308K
STORJ 
$0.5107 
↑2.1% 
$273K
KAVA 
$2.2858 
↑1.6% 
$239K
REP 
$14.310 
↓0.05% 
$205K
MLN 
$29.770 
↓2.5% 
$204K
DASH 
$69.128 
↑1.0% 
$204K
EOS 
$2.5788 
↓0.7% 
$200K
XDG 
$0.0026 
↓1.4% 
$160K
QTUM 
$2.4312 
↓0.1% 
$159K
BAT 
$0.2391 
↑0.7% 
$156K
CRV 
$0.9459 
↓0.4% 
$156K
ICX 
$0.4209 
↓1.3% 
$152K
GNO 
$43.170 
↓3.7% 
$124K
PAXG 
$1899.3 
↓0.6% 
$120K
COMP 
$133.29 
↑0.3% 
$113K
NANO 
$0.8254 
↑1.5% 
$110K
KNC 
$0.9800 
↓0.9% 
$68.8K
LSK 
$1.1805 
↓1.4% 
$47.0K
KSM 
$34.434 
↓3.1% 
$38.4K
BAL 
$15.674 
↑0.06% 
$19.4K
REPV2 
$14.318 
↑1.9% 
$15.1K



#####################. 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 30 2020)



Figure 2: Mid-size trading assets: (measured in USD) (September 30 2020)



Figure 3: Smallest trading assets: (measured in USD) (September 30 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 30 2020)



.


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

Returns and Volume


Figure 5: Returns of the four highest volume pairs (September 30 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 30 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 30 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.