Kraken Daily Market Report for October 27 2020

Overview


  • Total spot trading volume at $318.3 million, as Bitcoin explored new high levels.
  • Total futures notional at $201.4 million, only 2 more days until the the 10/30 contracts expire.
  • One of the few coins that saw more trading volume in October compared to September is Monero. Monero against USD will be 129% higher in October in terms of trading volume.
  • Curve Dao has had a rough month, down almost 66%. But today, Curve Dao closed +63%. Since returns aren’t symmetric, Curve Dao is still down almost 50% for the month.

October 27, 2020 
 $318.3M traded across all markets today
 Crypto, EUR, USD, JPY, CAD, GBP, CHF, AUD 
XBT 
$13660. 
↑4.5% 
$213.0M
ETH 
$404.04 
↑2.7% 
$32.9M
USDT 
$1.0005 
↓0.07% 
$29.6M
LINK 
$11.958 
↑1.9% 
$14.2M
DOT 
$4.6828 
↓0.8% 
$5.77M
XRP 
$0.2530 
↑1.8% 
$3.65M
LTC 
$57.995 
↑2.0% 
$3.22M
FIL 
$35.179 
↑4.7% 
$2.73M
USDC 
$0.9999 
↓0.02% 
$2.72M
XMR 
$134.09 
↑2.0% 
$2.62M
BCH 
$264.96 
↑2.0% 
$2.0M
ADA 
$0.1028 
↓0.26% 
$1.93M
XTZ 
$2.0863 
↓0.24% 
$1.36M
CRV 
$0.6610 
↑63% 
$1.14M
PAXG 
$1913.2 
↓0.04% 
$1.08M
DAI 
$1.0085 
↑0.11% 
$1.02M
COMP 
$109.05 
↑9.2% 
$914K
ATOM 
$5.1475 
↓0.12% 
$846K
GNO 
$44.094 
↓5.5% 
$792K
MLN 
$24.314 
↑6.6% 
$752K
EOS 
$2.6753 
↑1.7% 
$751K
ZEC 
$61.255 
↑1.5% 
$511K
XLM 
$0.0820 
↑1.1% 
$503K
ALGO 
$0.2889 
↓0.7% 
$347K
KSM 
$34.139 
↓3.3% 
$318K
DASH 
$70.736 
↑2.2% 
$314K
WAVES 
$3.1619 
↓0.4% 
$308K
OMG 
$3.2173 
↓0.7% 
$303K
XDG 
$0.0026 
↑0.25% 
$302K
BAT 
$0.2137 
↑0.1% 
$258K
OXT 
$0.2388 
↓4.1% 
$258K
TRX 
$0.0270 
↑0.9% 
$256K
STORJ 
$0.3646 
↓1.8% 
$254K
KAVA 
$1.7255 
↓1.5% 
$253K
UNI 
$2.8184 
↑3.8% 
$220K
YFI 
$13407. 
↓2.4% 
$176K
ETC 
$5.6334 
↑0.16% 
$174K
SC 
$0.0026 
↑1.3% 
$141K
LSK 
$1.0898 
↑0.6% 
$136K
NANO 
$0.8102 
↓4.1% 
$106K
QTUM 
$2.1958 
↑0.9% 
$93.0K
SNX 
$3.5635 
↑0.6% 
$85.3K
ICX 
$0.3571 
↓1.2% 
$81.2K
BAL 
$12.144 
↑3.4% 
$74.1K
REP 
$13.109 
↑0.7% 
$72.8K
KNC 
$0.9078 
↑1.6% 
$58.3K
REPV2 
$13.243 
↑0.14% 
$15.2K



#####################. 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 27 2020)



Figure 2: Mid-size trading assets: (measured in USD) (October 27 2020)



Figure 3: Smallest trading assets: (measured in USD) (October 27 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 27 2020)



.


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

Returns and Volume


Figure 5: Returns of the four highest volume pairs (October 27 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 27 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 27 2020)