Kraken Daily Market Report for October 02 2020

Overview


  • Total futures notional $185.5 million, with $86.6 million from the XBT/USD perpetual.
  • Total spot trading volume at $206.1 million. Bitcoin was up 1% early in the trading day, but closed at -0.22% over USD.
  • Almost all coins were in the red. The best returns were with Tron, which only had a 0.4% return over USD. Some of the biggest losses were with recent hot coins: Balancer (-11%) and Curve DAO (-12%).
  • The ninth most traded asset was the GBP with $3.2 million (equiv.) in trading volume. EUR/GBP and XBT/XBP were both in the top 20 in terms of trading volume.

October 02, 2020 
 $206.1M traded across all markets today
 Crypto, EUR, USD, JPY, CAD, GBP, CHF, AUD 
XBT 
$10574. 
↓0.22% 
$98.2M
ETH 
$345.65 
↓1.7% 
$33.8M
USDT 
$1.0002 
↑0.03% 
$25.3M
LINK 
$9.2197 
↓4.0% 
$12.5M
DOT 
$4.1148 
↓5.1% 
$6.08M
XRP 
$0.2340 
↓1.5% 
$3.86M
ADA 
$0.0928 
↓5.1% 
$3.14M
USDC 
$1.0000 
↑0.0% 
$2.74M
LTC 
$44.944 
↓2.7% 
$2.47M
XTZ 
$2.0883 
↓4.5% 
$2.46M
OMG 
$3.7901 
↓5.6% 
$2.33M
ALGO 
$0.3158 
↓5.4% 
$2.31M
XMR 
$101.72 
↓1.6% 
$1.95M
BCH 
$219.59 
↓3.5% 
$1.68M
ATOM 
$4.9017 
↓4.0% 
$1.57M
OXT 
$0.2716 
↓4.0% 
$1.27M
ZEC 
$63.864 
↓1.1% 
$1.0M
DAI 
$1.0114 
↑0.08% 
$868K
WAVES 
$2.4534 
↓6.0% 
$783K
XLM 
$0.0709 
↓2.7% 
$726K
TRX 
$0.0259 
↑0.4% 
$722K
KAVA 
$2.1100 
↓4.9% 
$562K
BAT 
$0.2241 
↓2.4% 
$547K
EOS 
$2.4803 
↓2.4% 
$509K
SNX 
$4.4089 
↓5.7% 
$454K
REP 
$13.497 
↓4.4% 
$377K
QTUM 
$2.2873 
↓3.1% 
$376K
ICX 
$0.3945 
↓8.8% 
$370K
PAXG 
$1913.1 
↓0.08% 
$365K
STORJ 
$0.4658 
↓1.2% 
$341K
KNC 
$0.9241 
↓2.9% 
$321K
BAL 
$15.735 
↓11% 
$300K
CRV 
$0.7639 
↓12% 
$292K
COMP 
$120.38 
↓6.8% 
$288K
DASH 
$66.003 
↓2.9% 
$257K
NANO 
$0.7914 
↓2.6% 
$248K
ETC 
$5.5879 
↓3.0% 
$227K
SC 
$0.0028 
↓1.7% 
$183K
LSK 
$1.1066 
↓2.2% 
$179K
MLN 
$26.663 
↓4.7% 
$175K
XDG 
$0.0025 
↓1.0% 
$162K
GNO 
$40.125 
↓6.0% 
$101K
KSM 
$32.699 
↓3.8% 
$97.4K
REPV2 
$13.335 
↓4.9% 
$19.7K



#####################. 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 (October 02 2020)



Figure 2: Mid-size trading assets: (measured in USD) (October 02 2020)



Figure 3: Smallest trading assets: (measured in USD) (October 02 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 (October 02 2020)



.


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

Returns and Volume


Figure 5: Returns of the four highest volume pairs (October 02 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 (October 02 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. (October 02 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.