Kraken Daily Market Report for October 20 2020

Overview


  • Total spot trading volume at $244.7 million, fueled by Bitcoin trading (57% of the crypto volume).
  • Total futures notional at $150.0 million, where the December 25 total notionals beat out the October 30th total notional.
  • Bitcoin touched the $12,000 level, then continued to rise sharply. Most of these gains, however, happened right after the day close and will be seen on tomorrow’s report. Bitcoin flirted with levels not reached since 2018.
  • Besides Bitcoin, most coins were negative, including -14% returns for Curve Dao.

October 20, 2020 
 $244.7M traded across all markets today
 Crypto, EUR, USD, JPY, CAD, GBP, CHF, AUD 
XBT 
$11930. 
↑1.4% 
$150.4M
ETH 
$368.66 
↓2.9% 
$41.3M
USDT 
$1.0009 
↑0.03% 
$24.5M
LINK 
$9.8473 
↓9.8% 
$12.1M
DOT 
$3.9059 
↓2.1% 
$4.14M
XMR 
$118.40 
↓5.9% 
$3.46M
XRP 
$0.2434 
↓0.9% 
$2.94M
BCH 
$240.93 
↓3.6% 
$2.71M
ADA 
$0.1023 
↓5.7% 
$2.33M
XTZ 
$2.0541 
↓6.1% 
$2.09M
LTC 
$46.934 
↓2.2% 
$1.87M
USDC 
$1.0000 
↓0.01% 
$1.68M
ATOM 
$5.0233 
↓8.7% 
$1.43M
TRX 
$0.0259 
↑0.22% 
$1.22M
XLM 
$0.0808 
↓5.1% 
$1.22M
ZEC 
$57.784 
↓9.8% 
$1.02M
DASH 
$70.779 
↓5.5% 
$973K
FIL 
$31.267 
↓8.5% 
$896K
DAI 
$1.0088 
↑0.04% 
$622K
OXT 
$0.2269 
↓6.1% 
$593K
OMG 
$3.1295 
↓7.1% 
$578K
YFI 
$13028. 
↓4.9% 
$548K
WAVES 
$2.8670 
↓2.4% 
$526K
EOS 
$2.5279 
↓2.1% 
$498K
ALGO 
$0.2870 
↓5.4% 
$403K
UNI 
$2.8589 
↓9.9% 
$350K
COMP 
$94.634 
↓8.0% 
$338K
NANO 
$0.8797 
↑5.0% 
$331K
SNX 
$3.7074 
↓0.4% 
$304K
KSM 
$27.814 
↓4.0% 
$294K
KAVA 
$1.8111 
↓7.8% 
$286K
ICX 
$0.3550 
↓5.1% 
$263K
MLN 
$17.448 
↓4.4% 
$263K
CRV 
$0.3585 
↓14% 
$257K
XDG 
$0.0025 
↑0.07% 
$252K
SC 
$0.0025 
↓8.8% 
$236K
BAT 
$0.2084 
↓2.6% 
$230K
ETC 
$5.4664 
↓1.5% 
$219K
REP 
$13.124 
↓4.2% 
$187K
PAXG 
$1919.5 
↑0.4% 
$177K
STORJ 
$0.3715 
↓7.7% 
$173K
GNO 
$49.295 
↑6.5% 
$131K
QTUM 
$2.1465 
↓3.1% 
$128K
KNC 
$0.8628 
↓5.2% 
$119K
LSK 
$1.0717 
↓3.1% 
$85.6K
REPV2 
$13.001 
↓4.5% 
$48.0K
BAL 
$12.340 
↓7.0% 
$29.4K



#####################. 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 20 2020)



Figure 2: Mid-size trading assets: (measured in USD) (October 20 2020)



Figure 3: Smallest trading assets: (measured in USD) (October 20 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 20 2020)



.


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

Returns and Volume


Figure 5: Returns of the four highest volume pairs (October 20 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 20 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 20 2020)