Kraken Daily Market Report for November 09 2020

Overview


  • Total spot trading volume at $411.2 million, much higher than the 30-day average of $266.1 million as Bitcoin traversed between $15,000 and $16,000.
  • Total futures notional at $316.6 million, also much higher than its 30-day average of $164.5 million.
  • Bitcoin cash continues to increase in popularity it was the sixth most traded coin of the day.
  • Strong day for Augur (+11%) and Waves (+7.7%); rough day for Synthetix (-5.5%) and Uniswap (-6.6%).

November 09, 2020 
 $411.2M traded across all markets today
 Crypto, EUR, USD, JPY, CAD, GBP, CHF, AUD 
XBT 
$15325. 
↓1.0% 
$254.7M
ETH 
$444.31 
↓2.2% 
$74.0M
USDT 
$1.0005 
↑0.0% 
$35.8M
LINK 
$12.507 
↓1.6% 
$15.9M
XRP 
$0.2505 
↓1.2% 
$5.67M
BCH 
$264.30 
↓2.5% 
$4.98M
LTC 
$59.204 
↓2.9% 
$4.3M
USDC 
$0.9996 
↑0.0% 
$3.89M
ADA 
$0.1053 
↓1.0% 
$3.62M
DOT 
$4.3419 
↓0.6% 
$2.63M
YFI 
$14983. 
↓0.9% 
$2.4M
ATOM 
$5.1367 
↑6.8% 
$2.11M
XTZ 
$2.0923 
↑0.23% 
$1.75M
XMR 
$115.79 
↓3.6% 
$1.64M
FIL 
$31.170 
↑1.3% 
$1.16M
WAVES 
$3.7863 
↑7.7% 
$1.05M
PAXG 
$1889.4 
↓3.8% 
$872K
EOS 
$2.4972 
↓1.5% 
$606K
OMG 
$3.1822 
↓0.13% 
$483K
XLM 
$0.0796 
↓2.3% 
$481K
REP 
$15.529 
↑11% 
$471K
DAI 
$1.0078 
↓0.16% 
$447K
SNX 
$4.1729 
↓5.5% 
$442K
ZEC 
$58.380 
↓3.6% 
$433K
DASH 
$68.094 
↓0.09% 
$401K
CRV 
$0.4520 
↓3.8% 
$401K
UNI 
$2.6755 
↓6.6% 
$398K
ALGO 
$0.2602 
↓2.3% 
$393K
COMP 
$94.669 
↓2.5% 
$279K
BAT 
$0.1937 
↓2.3% 
$265K
TRX 
$0.0247 
↓2.2% 
$251K
KAVA 
$1.4530 
↓1.1% 
$237K
QTUM 
$1.9901 
↓1.8% 
$223K
OXT 
$0.2210 
↓1.6% 
$197K
ETC 
$5.0297 
↓3.1% 
$190K
MLN 
$21.156 
↑0.02% 
$170K
SC 
$0.0025 
↓3.4% 
$169K
GNO 
$57.715 
↓1.0% 
$159K
ICX 
$0.3436 
↓2.1% 
$140K
STORJ 
$0.3482 
↓1.4% 
$138K
XDG 
$0.0026 
↓1.4% 
$106K
NANO 
$0.7477 
↓3.9% 
$95.5K
KSM 
$33.069 
↑0.5% 
$82.5K
KNC 
$0.8100 
↓1.3% 
$76.0K
BAL 
$10.369 
↑1.6% 
$70.7K
LSK 
$1.0995 
↓1.0% 
$54.2K
REPV2 
$13.527 
↑0.5% 
$24.1K



#####################. 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 09 2020)



Figure 2: Mid-size trading assets: (measured in USD) (November 09 2020)



Figure 3: Smallest trading assets: (measured in USD) (November 09 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 09 2020)



.


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

Returns and Volume


Figure 5: Returns of the four highest volume pairs (November 09 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 09 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 09 2020)