| Market Reports

Kraken Daily Market Report for November 16 2020

Overview


  • Total spot trading volume at $381.4 million, continuing the higher than average trend as Bitcoin prices neared $17,000.
  • Total futures notional at $249.6 million, higher than the 30-day average $186.0 million.
  • The tenth most traded coin was a fiat/fiat pair, EUR/USD, beating out XRP/USD, LINK/USD, and ETH/XBT.
  • The coin of the day was Litecoin (19%). Litecoin was the fourth most traded coin, behind Bitcoin, Ethereum and Tether.

November 16, 2020 
 $381.4M traded across all markets today
 Crypto, EUR, USD, JPY, CAD, GBP, CHF, AUD 
XBT 
$16720. 
↑4.8% 
$228.0M
ETH 
$461.24 
↑3.0% 
$45.6M
USDT 
$1.0006 
↓0.01% 
$39.9M
LTC 
$73.895 
↑19% 
$20.9M
XRP 
$0.2883 
↑7.0% 
$13.1M
LINK 
$12.639 
↑4.5% 
$8.52M
USDC 
$0.9998 
↑0.0% 
$4.41M
DOT 
$4.4974 
↑3.2% 
$3.52M
WAVES 
$4.8946 
↑12% 
$2.79M
YFI 
$18616. 
↑6.5% 
$2.79M
BCH 
$252.90 
↑1.2% 
$2.7M
ADA 
$0.1039 
↑3.7% 
$2.68M
UNI 
$3.5690 
↓6.6% 
$1.99M
XTZ 
$2.0855 
↑3.6% 
$1.99M
CRV 
$0.8274 
↑7.3% 
$1.64M
XMR 
$118.57 
↑3.5% 
$1.55M
XLM 
$0.0826 
↑3.3% 
$1.47M
ZEC 
$64.610 
↑5.7% 
$1.13M
DASH 
$80.732 
↑7.8% 
$1.07M
KAVA 
$1.7243 
↑17% 
$979K
EOS 
$2.5835 
↑3.5% 
$840K
FIL 
$27.470 
↓0.8% 
$758K
REP 
$17.156 
↑7.9% 
$727K
ATOM 
$5.0848 
↑2.3% 
$706K
SNX 
$4.4202 
↑7.4% 
$669K
ALGO 
$0.2713 
↑5.9% 
$609K
OMG 
$3.4419 
↑3.8% 
$472K
ETC 
$5.3952 
↑7.3% 
$388K
DAI 
$1.0054 
↓0.15% 
$378K
TRX 
$0.0255 
↑0.8% 
$359K
COMP 
$120.34 
↑0.4% 
$357K
PAXG 
$1893.2 
↓0.06% 
$312K
BAL 
$13.014 
↑3.5% 
$289K
OXT 
$0.2248 
↑1.5% 
$273K
XDG 
$0.0028 
↑4.5% 
$263K
QTUM 
$2.0751 
↑4.9% 
$249K
MLN 
$22.072 
↑5.5% 
$231K
BAT 
$0.1979 
↑2.2% 
$220K
KNC 
$0.9483 
↑6.5% 
$192K
SC 
$0.0027 
↑3.2% 
$167K
ICX 
$0.3532 
↑3.7% 
$115K
STORJ 
$0.3439 
↑1.3% 
$103K
LSK 
$1.0918 
↑1.2% 
$65.7K
NANO 
$0.7422 
↑1.1% 
$64.6K
GNO 
$54.965 
↑0.9% 
$54.4K
REPV2 
$13.998 
↑0.7% 
$46.3K
KSM 
$36.295 
↑2.7% 
$40.8K

Overview


  • Total spot trading volume at $381.4 million, continuing the higher than average trend as Bitcoin prices neared $17,000.
  • Total futures notional at $249.6 million, higher than the 30-day average $186.0 million.
  • The tenth most traded coin was a fiat/fiat pair, EUR/USD, beating out XRP/USD, LINK/USD, and ETH/XBT.
  • The coin of the day was Litecoin (19%). Litecoin was the fourth most traded coin, behind Bitcoin, Ethereum and Tether.

November 16, 2020 
 $381.4M traded across all markets today
 Crypto, EUR, USD, JPY, CAD, GBP, CHF, AUD 
XBT 
$16720. 
↑4.8% 
$228.0M
ETH 
$461.24 
↑3.0% 
$45.6M
USDT 
$1.0006 
↓0.01% 
$39.9M
LTC 
$73.895 
↑19% 
$20.9M
XRP 
$0.2883 
↑7.0% 
$13.1M
LINK 
$12.639 
↑4.5% 
$8.52M
USDC 
$0.9998 
↑0.0% 
$4.41M
DOT 
$4.4974 
↑3.2% 
$3.52M
WAVES 
$4.8946 
↑12% 
$2.79M
YFI 
$18616. 
↑6.5% 
$2.79M
BCH 
$252.90 
↑1.2% 
$2.7M
ADA 
$0.1039 
↑3.7% 
$2.68M
UNI 
$3.5690 
↓6.6% 
$1.99M
XTZ 
$2.0855 
↑3.6% 
$1.99M
CRV 
$0.8274 
↑7.3% 
$1.64M
XMR 
$118.57 
↑3.5% 
$1.55M
XLM 
$0.0826 
↑3.3% 
$1.47M
ZEC 
$64.610 
↑5.7% 
$1.13M
DASH 
$80.732 
↑7.8% 
$1.07M
KAVA 
$1.7243 
↑17% 
$979K
EOS 
$2.5835 
↑3.5% 
$840K
FIL 
$27.470 
↓0.8% 
$758K
REP 
$17.156 
↑7.9% 
$727K
ATOM 
$5.0848 
↑2.3% 
$706K
SNX 
$4.4202 
↑7.4% 
$669K
ALGO 
$0.2713 
↑5.9% 
$609K
OMG 
$3.4419 
↑3.8% 
$472K
ETC 
$5.3952 
↑7.3% 
$388K
DAI 
$1.0054 
↓0.15% 
$378K
TRX 
$0.0255 
↑0.8% 
$359K
COMP 
$120.34 
↑0.4% 
$357K
PAXG 
$1893.2 
↓0.06% 
$312K
BAL 
$13.014 
↑3.5% 
$289K
OXT 
$0.2248 
↑1.5% 
$273K
XDG 
$0.0028 
↑4.5% 
$263K
QTUM 
$2.0751 
↑4.9% 
$249K
MLN 
$22.072 
↑5.5% 
$231K
BAT 
$0.1979 
↑2.2% 
$220K
KNC 
$0.9483 
↑6.5% 
$192K
SC 
$0.0027 
↑3.2% 
$167K
ICX 
$0.3532 
↑3.7% 
$115K
STORJ 
$0.3439 
↑1.3% 
$103K
LSK 
$1.0918 
↑1.2% 
$65.7K
NANO 
$0.7422 
↑1.1% 
$64.6K
GNO 
$54.965 
↑0.9% 
$54.4K
REPV2 
$13.998 
↑0.7% 
$46.3K
KSM 
$36.295 
↑2.7% 
$40.8K



#####################. 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 16 2020)



Figure 2: Mid-size trading assets: (measured in USD) (November 16 2020)



Figure 3: Smallest trading assets: (measured in USD) (November 16 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 16 2020)



.


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

Returns and Volume


Figure 5: Returns of the four highest volume pairs (November 16 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 16 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 16 2020)



###########. Disclaimer #################################################

The values generated in this report are from public market data distributed from Kraken WebSockets api. The total volumes and returns are calculated over the reporting day using UTC time.