Kraken Daily Market Report for November 11 2020

Overview


  • Total spot trading volume at $410.4 million, much higher than the 30-day average of $277.3 million as Bitcoin neared the $16,000 threshold.
  • Total futures notional at $197.9 million
  • The best returns of the day was with OMG (+8.6). OMG had an impressive spring of 2020, and perhaps may repeat that momentum.
  • The coin with the largest increase in trading volume week-over-week is Yearn. Yearn closed the day -9.1%.

November 11, 2020 
 $410.4M traded across all markets today
 Crypto, EUR, USD, JPY, CAD, GBP, CHF, AUD 
XBT 
$15718. 
↑2.6% 
$235.9M
ETH 
$463.98 
↑2.8% 
$79.5M
USDT 
$1.0010 
↓0.04% 
$37.5M
LINK 
$12.809 
↓1.7% 
$17.3M
XRP 
$0.2560 
↑0.7% 
$6.38M
LTC 
$59.315 
↑2.2% 
$4.98M
BCH 
$257.19 
↓0.17% 
$4.55M
DOT 
$4.4504 
↑0.4% 
$4.53M
YFI 
$16696. 
↓9.1% 
$4.36M
USDC 
$1.0000 
↓0.02% 
$4.05M
XTZ 
$2.1265 
↓1.3% 
$2.98M
ADA 
$0.1061 
↑0.11% 
$2.75M
XMR 
$113.47 
↓1.9% 
$2.66M
OMG 
$3.5231 
↑8.6% 
$2.21M
ATOM 
$5.0425 
↓1.0% 
$1.4M
FIL 
$30.074 
↓1.1% 
$1.29M
CRV 
$0.5460 
↓3.4% 
$1.17M
UNI 
$2.9390 
↓4.8% 
$1.05M
ALGO 
$0.2785 
↓3.7% 
$884K
COMP 
$103.26 
↑0.6% 
$777K
XLM 
$0.0805 
↑0.9% 
$754K
ZEC 
$58.930 
↓0.4% 
$640K
EOS 
$2.5015 
↓0.02% 
$598K
DASH 
$69.393 
↑0.7% 
$550K
KAVA 
$1.4803 
↓5.8% 
$549K
DAI 
$1.0084 
↑0.08% 
$524K
WAVES 
$3.7526 
↓1.8% 
$518K
TRX 
$0.0250 
↑0.5% 
$486K
REP 
$16.234 
↑4.4% 
$475K
PAXG 
$1871.8 
↓0.8% 
$442K
SNX 
$4.0132 
↓14% 
$429K
MLN 
$22.656 
↑4.3% 
$410K
STORJ 
$0.3644 
↓1.6% 
$327K
KNC 
$0.8913 
↑1.4% 
$256K
QTUM 
$2.0624 
↑2.5% 
$239K
ICX 
$0.3619 
↑1.1% 
$228K
OXT 
$0.2339 
↑0.4% 
$225K
GNO 
$57.810 
↑1.0% 
$208K
BAT 
$0.1997 
↓1.0% 
$185K
KSM 
$35.704 
↑1.2% 
$184K
XDG 
$0.0027 
↑0.21% 
$182K
NANO 
$0.7916 
↑5.3% 
$157K
BAL 
$11.664 
↓3.6% 
$138K
SC 
$0.0027 
↑1.6% 
$131K
ETC 
$5.1002 
↓0.8% 
$109K
LSK 
$1.1052 
↓2.9% 
$61.2K
REPV2 
$14.320 
↑2.6% 
$29.2K



#####################. 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 (November 11 2020)



Figure 2: Mid-size trading assets: (measured in USD) (November 11 2020)



Figure 3: Smallest trading assets: (measured in USD) (November 11 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 11 2020)



.


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

Returns and Volume


Figure 5: Returns of the four highest volume pairs (November 11 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 11 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 11 2020)