Kraken Daily Market Report for October 11 2020

Overview


  • Total spot trading volume at $159.4 million, the largest for a Saturday since September 5th as Bitcoin and Ethereum jumped up over 3% early in the day.
  • Total futures notional at $113.3 million, about 85% of the volume in the perpetuals.
  • As common on Saturdays, Dollar trading dominated (56% of the total fiat volume, compared to 42% for the Euro).
  • It was a breakout day for StorJ (+25%), and a return to reality for Curve DAO (-11%).

October 10, 2020 
 $159.4M traded across all markets today
 Crypto, EUR, USD, JPY, CAD, GBP, CHF, AUD 
XBT 
$11303. 
↑2.2% 
$86.8M
ETH 
$371.05 
↑1.5% 
$30.8M
USDT 
$1.0006 
↓0.01% 
$8.98M
LINK 
$10.528 
↑0.9% 
$8.88M
XRP 
$0.2542 
↑0.4% 
$3.8M
DOT 
$4.2603 
↑0.04% 
$3.08M
ADA 
$0.1052 
↑3.6% 
$2.51M
LTC 
$48.844 
↑2.2% 
$2.31M
USDC 
$0.9999 
↓0.02% 
$1.92M
XTZ 
$2.2105 
↑0.19% 
$1.56M
XMR 
$116.02 
↓0.1% 
$1.5M
BCH 
$237.20 
↓0.06% 
$1.41M
STORJ 
$0.6394 
↑25% 
$1.36M
OMG 
$3.6445 
↑4.3% 
$1.18M
ETC 
$5.7082 
↑0.6% 
$1.17M
OXT 
$0.2682 
↓1.8% 
$1.13M
ATOM 
$5.5393 
↑7.4% 
$1.13M
XLM 
$0.0773 
↑3.1% 
$627K
EOS 
$2.6444 
↑0.06% 
$563K
ZEC 
$66.805 
↑5.1% 
$443K
ALGO 
$0.3267 
↓0.7% 
$441K
KAVA 
$2.2526 
↑3.0% 
$401K
SC 
$0.0032 
↑8.1% 
$391K
WAVES 
$2.4263 
↑1.6% 
$349K
TRX 
$0.0264 
↑0.6% 
$328K
DAI 
$1.0106 
↓0.1% 
$327K
COMP 
$114.09 
↓1.3% 
$318K
CRV 
$0.5584 
↓11% 
$250K
DASH 
$68.031 
↑1.0% 
$219K
BAT 
$0.2202 
↓0.8% 
$217K
MLN 
$23.899 
↓3.4% 
$208K
PAXG 
$1940.9 
↑0.04% 
$208K
REP 
$14.311 
↓0.06% 
$178K
NANO 
$0.8236 
↑0.6% 
$155K
QTUM 
$2.3023 
↓1.4% 
$144K
SNX 
$4.2887 
↓0.24% 
$114K
KSM 
$29.689 
↑0.02% 
$106K
ICX 
$0.3936 
↓1.1% 
$98.4K
LSK 
$1.1667 
↑1.4% 
$70.6K
GNO 
$40.860 
↓0.8% 
$68.6K
KNC 
$0.9722 
↑1.2% 
$67.0K
XDG 
$0.0026 
↑0.17% 
$43.8K
BAL 
$15.134 
↓0.9% 
$31.6K
REPV2 
$14.374 
↑0.6% 
$17.5K



#####################. 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 11 2020)



Figure 2: Mid-size trading assets: (measured in USD) (October 11 2020)



Figure 3: Smallest trading assets: (measured in USD) (October 11 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 11 2020)



.


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

Returns and Volume


Figure 5: Returns of the four highest volume pairs (October 11 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 11 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 11 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.