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



#####################. 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)