Kraken Daily Market Report for November 02 2020

Overview


  • Total spot trading volume at $278.9 million as Bitcoin prices temporarily dipped beyond -3%, but recovered to end the day at -1.4% over USD.
  • Today there was over $30 million in USDT and almost $10 million in Link traded on the exchange.
  • Most coins took on losses today, including Curve Dao and Synthetix (both -10%). However, there were some positive returns: Augur +6.0%, and KAVA +5.6%.

November 02, 2020 
 $278.9M traded across all markets today
 Crypto, EUR, USD, JPY, CAD, GBP, CHF, AUD 
XBT 
$13575. 
↓1.4% 
$165.0M
ETH 
$383.81 
↓3.3% 
$50.9M
USDT 
$1.0008 
↑0.0% 
$30.1M
LINK 
$10.795 
↓6.8% 
$9.55M
BCH 
$257.72 
↓3.8% 
$3.46M
XRP 
$0.2355 
↓2.0% 
$3.43M
USDC 
$1.0000 
↑0.0% 
$3.28M
LTC 
$53.914 
↓3.2% 
$2.88M
DOT 
$4.0332 
↓4.6% 
$2.63M
ADA 
$0.0924 
↓6.1% 
$2.04M
XMR 
$119.17 
↓6.2% 
$1.58M
FIL 
$29.679 
↓6.0% 
$1.36M
ATOM 
$4.6073 
↓2.9% 
$1.36M
XTZ 
$1.8972 
↓5.0% 
$1.31M
PAXG 
$1906.1 
↑1.0% 
$724K
XLM 
$0.0756 
↓3.8% 
$667K
REP 
$14.610 
↑6.0% 
$663K
MLN 
$22.420 
↑2.7% 
$567K
YFI 
$10101. 
↓5.5% 
$511K
EOS 
$2.4361 
↓3.4% 
$500K
OMG 
$3.0042 
↓4.3% 
$442K
KAVA 
$1.5805 
↑5.6% 
$433K
WAVES 
$3.1150 
↓3.4% 
$353K
DAI 
$1.0103 
↓0.05% 
$347K
ZEC 
$54.870 
↓5.8% 
$344K
TRX 
$0.0244 
↓5.1% 
$341K
DASH 
$65.117 
↓5.5% 
$325K
CRV 
$0.3610 
↓10% 
$290K
SNX 
$2.6175 
↓10% 
$280K
ALGO 
$0.2471 
↓4.7% 
$268K
SC 
$0.0023 
↓4.2% 
$197K
UNI 
$2.2549 
↓5.2% 
$191K
QTUM 
$1.9295 
↓4.0% 
$190K
BAT 
$0.1835 
↓3.9% 
$149K
COMP 
$91.184 
↓3.0% 
$148K
ETC 
$5.0185 
↓4.7% 
$142K
OXT 
$0.2083 
↓0.9% 
$120K
GNO 
$48.819 
↓0.26% 
$118K
KSM 
$30.159 
↓6.5% 
$82.1K
STORJ 
$0.3037 
↓6.6% 
$79.9K
LSK 
$0.9931 
↓3.1% 
$78.3K
XDG 
$0.0025 
↓2.3% 
$61.2K
NANO 
$0.7118 
↓4.1% 
$46.6K
REPV2 
$12.413 
↓2.2% 
$45.2K
ICX 
$0.3215 
↓4.8% 
$44.0K
KNC 
$0.7755 
↓2.1% 
$42.5K
BAL 
$9.125 
↓7.7% 
$33.8K



#####################. 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 (November 02 2020)



Figure 2: Mid-size trading assets: (measured in USD) (November 02 2020)



Figure 3: Smallest trading assets: (measured in USD) (November 02 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 (November 02 2020)



.


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

Returns and Volume


Figure 5: Returns of the four highest volume pairs (November 02 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 (November 02 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. (November 02 2020)