Kraken Daily Market Report for November 06 2020

Overview


  • Total spot trading volume at $538.0 million. Trading volume over double the 30-day average of $245 million as Bitcoin hovered near $16,000.
  • Total futures notional at $314 million, with $291.9 million in perpetuals.
  • Trading with USD was 55% of the total fiat trading, beating out EUR (43%), GBP (1.2%), and CAD (0.5%).
  • Litecoin trading continues to be popular, Litecoin was the 5th most traded crypto, beating out Ripple and Tezos.
  • Almost all coins had positive returns, especially for Yearn (+39%) and StorJ (+30%).

November 06, 2020 
 $538.0M traded across all markets today
 Crypto, EUR, USD, JPY, CAD, GBP, CHF, AUD 
XBT 
$15608. 
↓0.17% 
$325.5M
ETH 
$456.54 
↑9.3% 
$109.4M
USDT 
$1.0014 
↑0.01% 
$45.1M
LINK 
$12.195 
↑11% 
$16.8M
LTC 
$63.485 
↑7.4% 
$10.7M
XRP 
$0.2592 
↑5.4% 
$9.72M
USDC 
$1.0001 
↑0.02% 
$6.37M
ADA 
$0.1094 
↑12% 
$5.34M
DOT 
$4.5882 
↑8.3% 
$4.24M
BCH 
$258.31 
↑3.3% 
$4.2M
XTZ 
$2.0957 
↑11% 
$3.45M
FIL 
$31.767 
↑8.0% 
$2.34M
XMR 
$119.66 
↓0.01% 
$2.24M
YFI 
$11814. 
↑39% 
$2.04M
XLM 
$0.0840 
↑4.5% 
$1.59M
ATOM 
$4.8891 
↑8.4% 
$1.42M
WAVES 
$3.5651 
↑4.0% 
$1.16M
ZEC 
$61.674 
↑8.7% 
$1.09M
ALGO 
$0.2769 
↑11% 
$1.01M
PAXG 
$1965.5 
↓0.09% 
$856K
SNX 
$3.5374 
↑11% 
$834K
OMG 
$3.3296 
↑15% 
$791K
EOS 
$2.5398 
↑3.6% 
$710K
UNI 
$2.5659 
↑17% 
$601K
KAVA 
$1.5510 
↑19% 
$586K
DAI 
$1.0100 
↑0.01% 
$565K
DASH 
$70.161 
↑3.4% 
$553K
MLN 
$21.704 
↑7.5% 
$519K
STORJ 
$0.3675 
↑30% 
$506K
TRX 
$0.0261 
↑4.8% 
$500K
OXT 
$0.2343 
↑15% 
$495K
GNO 
$58.985 
↑3.0% 
$465K
CRV 
$0.4369 
↑21% 
$412K
QTUM 
$2.0834 
↑7.8% 
$411K
BAT 
$0.2046 
↑7.1% 
$397K
COMP 
$95.814 
↑5.2% 
$309K
SC 
$0.0025 
↑2.8% 
$306K
XDG 
$0.0027 
↑4.2% 
$285K
ETC 
$5.3709 
↑5.1% 
$281K
REP 
$14.502 
↑2.1% 
$279K
ICX 
$0.3601 
↑14% 
$278K
LSK 
$1.1417 
↑12% 
$259K
KNC 
$0.8132 
↑7.2% 
$143K
NANO 
$0.7881 
↑7.9% 
$136K
KSM 
$33.0 
↑8.6% 
$73.1K
REPV2 
$13.626 
↑4.4% 
$47.0K
BAL 
$9.9949 
↑11% 
$46.9K



#####################. 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 06 2020)



Figure 2: Mid-size trading assets: (measured in USD) (November 06 2020)



Figure 3: Smallest trading assets: (measured in USD) (November 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 (November 06 2020)



.


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

Returns and Volume


Figure 5: Returns of the four highest volume pairs (November 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 (November 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. (November 06 2020)