| Market Reports

Kraken Daily Market Report for October 06 2020

Overview


  • Total spot trading volume at $201.5 million, slightly above the 30-day average of $197.3 million.
  • Total futures notional at $133.9 million, more than double the 30-day average of $64.7 million.
  • Trading volume higher than the averages as several financial markets were jostled when US stimulus negotiations were scraped. This caused Ethereum to drop 2% and Bitcoin to drop approximately 1%.
  • All coins had negative returns over USD, except for EOS (+6.2%). The hardest hit were Curve DAI (-20%), Comp (-14%), SNX (-14%), and KAVA (-14%).

October 06, 2020 
 $201.5M traded across all markets today
 Crypto, EUR, USD, JPY, CAD, GBP, CHF, AUD 
XBT 
$10605. 
↓1.8% 
$93.8M
ETH 
$340.50 
↓3.9% 
$37.2M
USDT 
$0.9997 
↓0.05% 
$27.4M
XRP 
$0.2451 
↓2.3% 
$8.44M
DOT 
$3.7485 
↓10% 
$7.42M
LINK 
$8.7568 
↓9.3% 
$6.58M
EOS 
$2.6883 
↑6.2% 
$4.01M
XMR 
$106.75 
↓5.4% 
$2.74M
LTC 
$45.975 
↓0.9% 
$2.14M
ATOM 
$4.7337 
↓12% 
$1.98M
XTZ 
$2.0636 
↓3.9% 
$1.95M
ADA 
$0.0929 
↓4.8% 
$1.89M
BCH 
$219.84 
↓1.0% 
$1.8M
USDC 
$1.0000 
↓0.02% 
$1.66M
OMG 
$3.3615 
↓12% 
$1.03M
ETC 
$5.5625 
↓3.2% 
$926K
ALGO 
$0.2861 
↓10% 
$887K
OXT 
$0.2460 
↓8.4% 
$878K
XLM 
$0.0723 
↓1.4% 
$862K
SNX 
$3.6244 
↓14% 
$621K
WAVES 
$2.1734 
↓7.9% 
$599K
TRX 
$0.0255 
↓3.5% 
$576K
COMP 
$105.51 
↓14% 
$446K
CRV 
$0.5065 
↓20% 
$417K
KAVA 
$1.8522 
↓14% 
$362K
DAI 
$1.0102 
↓0.19% 
$294K
DASH 
$65.187 
↓3.1% 
$274K
ICX 
$0.3577 
↓9.5% 
$270K
ZEC 
$61.409 
↓6.7% 
$266K
PAXG 
$1891.3 
↓1.7% 
$259K
QTUM 
$2.1714 
↓5.8% 
$201K
KNC 
$0.8580 
↓7.1% 
$176K
BAT 
$0.2107 
↓5.0% 
$156K
MLN 
$23.895 
↓11% 
$151K
STORJ 
$0.4545 
↓9.6% 
$132K
REP 
$13.402 
↓5.9% 
$122K
LSK 
$1.0832 
↓2.5% 
$107K
KSM 
$27.645 
↓13% 
$103K
NANO 
$0.7214 
↓5.7% 
$93.0K
SC 
$0.0026 
↓5.9% 
$86.3K
GNO 
$41.440 
↓3.3% 
$68.5K
BAL 
$13.835 
↓13% 
$59.1K
XDG 
$0.0025 
↓0.9% 
$50.8K
REPV2 
$13.438 
↓4.4% 
$6.38K

Overview


  • Total spot trading volume at $201.5 million, slightly above the 30-day average of $197.3 million.
  • Total futures notional at $133.9 million, more than double the 30-day average of $64.7 million.
  • Trading volume higher than the averages as several financial markets were jostled when US stimulus negotiations were scraped. This caused Ethereum to drop 2% and Bitcoin to drop approximately 1%.
  • All coins had negative returns over USD, except for EOS (+6.2%). The hardest hit were Curve DAI (-20%), Comp (-14%), SNX (-14%), and KAVA (-14%).

October 06, 2020 
 $201.5M traded across all markets today
 Crypto, EUR, USD, JPY, CAD, GBP, CHF, AUD 
XBT 
$10605. 
↓1.8% 
$93.8M
ETH 
$340.50 
↓3.9% 
$37.2M
USDT 
$0.9997 
↓0.05% 
$27.4M
XRP 
$0.2451 
↓2.3% 
$8.44M
DOT 
$3.7485 
↓10% 
$7.42M
LINK 
$8.7568 
↓9.3% 
$6.58M
EOS 
$2.6883 
↑6.2% 
$4.01M
XMR 
$106.75 
↓5.4% 
$2.74M
LTC 
$45.975 
↓0.9% 
$2.14M
ATOM 
$4.7337 
↓12% 
$1.98M
XTZ 
$2.0636 
↓3.9% 
$1.95M
ADA 
$0.0929 
↓4.8% 
$1.89M
BCH 
$219.84 
↓1.0% 
$1.8M
USDC 
$1.0000 
↓0.02% 
$1.66M
OMG 
$3.3615 
↓12% 
$1.03M
ETC 
$5.5625 
↓3.2% 
$926K
ALGO 
$0.2861 
↓10% 
$887K
OXT 
$0.2460 
↓8.4% 
$878K
XLM 
$0.0723 
↓1.4% 
$862K
SNX 
$3.6244 
↓14% 
$621K
WAVES 
$2.1734 
↓7.9% 
$599K
TRX 
$0.0255 
↓3.5% 
$576K
COMP 
$105.51 
↓14% 
$446K
CRV 
$0.5065 
↓20% 
$417K
KAVA 
$1.8522 
↓14% 
$362K
DAI 
$1.0102 
↓0.19% 
$294K
DASH 
$65.187 
↓3.1% 
$274K
ICX 
$0.3577 
↓9.5% 
$270K
ZEC 
$61.409 
↓6.7% 
$266K
PAXG 
$1891.3 
↓1.7% 
$259K
QTUM 
$2.1714 
↓5.8% 
$201K
KNC 
$0.8580 
↓7.1% 
$176K
BAT 
$0.2107 
↓5.0% 
$156K
MLN 
$23.895 
↓11% 
$151K
STORJ 
$0.4545 
↓9.6% 
$132K
REP 
$13.402 
↓5.9% 
$122K
LSK 
$1.0832 
↓2.5% 
$107K
KSM 
$27.645 
↓13% 
$103K
NANO 
$0.7214 
↓5.7% 
$93.0K
SC 
$0.0026 
↓5.9% 
$86.3K
GNO 
$41.440 
↓3.3% 
$68.5K
BAL 
$13.835 
↓13% 
$59.1K
XDG 
$0.0025 
↓0.9% 
$50.8K
REPV2 
$13.438 
↓4.4% 
$6.38K



#####################. 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 06 2020)



Figure 2: Mid-size trading assets: (measured in USD) (October 06 2020)



Figure 3: Smallest trading assets: (measured in USD) (October 06 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 06 2020)



.


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

Returns and Volume


Figure 5: Returns of the four highest volume pairs (October 06 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 06 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 06 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.