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)