Kraken Daily Market Report for November 24 2020
Overview
- Total spot trading volume at $1.37 billion, which is the largest value since we have been generating this report. Trading continues to be very high (weekly average of $728.9 million) as crypto prices dare to hit all-time highs.
- Total futures notional at $546.6 million, over double the 30-day average of $275.2 million.
- The heavy trading volume had over $400 million in Ripple trades. To put this into perspective, 2 weeks ago (11/10), only $6.8 million in Ripple was traded.
- Large returns today from Stellar (+48%), Siacoin (+26%), and DASH (+21%).
- Three new coins entered the exchange today: KEEP, tBTC, and Aragon, they posted negative returns, but look out for tomorrow.
| November 24, 2020 $1366.6M traded across all markets today Crypto, EUR, USD, JPY, CAD, GBP, CHF, AUD |
||||
|---|---|---|---|---|
| XBT $19189. ↑4.4% $480.9M |
XRP $0.6955 ↑12% $400.6M |
ETH $605.33 ↓0.7% $198.6M |
USDT $1.0007 ↑0.0% $92.9M |
XLM $0.1962 ↑48% $52.0M |
| ADA $0.1673 ↑7.7% $33.7M |
LINK $15.667 ↑2.4% $30.8M |
BCH $349.65 ↑7.9% $28.0M |
LTC $89.344 ↑0.07% $25.7M |
XMR $135.43 ↑4.0% $14.7M |
| DOT $5.7365 ↓3.1% $14.1M |
XTZ $2.6734 ↑1.9% $13.6M |
EOS $3.5963 ↑6.1% $12.7M |
USDC $0.9997 ↑0.0% $9.4M |
DASH $114.17 ↑21% $8.72M |
| TRX $0.0351 ↑11% $6.78M |
ZEC $87.075 ↑9.3% $6.01M |
YFI $24803. ↓2.3% $5.96M |
ALGO $0.3579 ↑6.4% $4.5M |
WAVES $7.5572 ↓4.4% $4.08M |
| OMG $4.3591 ↑2.9% $3.82M |
ATOM $5.9684 ↑2.6% $3.69M |
BAT $0.2617 ↑2.6% $3.44M |
OXT $0.3360 ↑8.4% $3.05M |
FIL $29.770 ↑2.0% $2.3M |
| UNI $4.0644 ↓3.3% $2.04M |
NANO $1.3818 ↑18% $1.75M |
ETC $7.2799 ↑11% $1.72M |
KSM $48.539 ↑19% $1.71M |
SC $0.0038 ↑26% $1.62M |
| QTUM $3.0756 ↑10% $1.6M |
XDG $0.0042 ↑14% $1.53M |
DAI $1.0030 ↑0.03% $1.49M |
CRV $0.6879 ↓7.3% $1.48M |
COMP $127.93 ↑1.3% $1.36M |
| KAVA $1.9853 ↑1.2% $1.2M |
MLN $32.365 ↑12% $1.2M |
ICX $0.4675 ↑7.1% $1.01M |
LSK $1.5323 ↑14% $875K |
GNO $68.935 ↑8.4% $832K |
| KEEP $0.3696 ↓16% $755K |
PAXG $1817.2 ↓1.8% $710K |
STORJ $0.4006 ↑9.2% $679K |
SNX $5.2365 ↓4.1% $674K |
KNC $1.1302 ↑2.0% $644K |
| REP $17.902 ↑5.3% $579K |
ANT $4.0535 ↓11% $291K |
BAL $15.999 ↓7.3% $171K |
REPV2 $17.305 ↑10% $135K |
|
Overview
- Total spot trading volume at $1.37 billion, which is the largest value since we have been generating this report. Trading continues to be very high (weekly average of $728.9 million) as crypto prices dare to hit all-time highs.
- Total futures notional at $546.6 million, over double the 30-day average of $275.2 million.
- The heavy trading volume had over $400 million in Ripple trades. To put this into perspective, 2 weeks ago (11/10), only $6.8 million in Ripple was traded.
- Large returns today from Stellar (+48%), Siacoin (+26%), and DASH (+21%).
- Three new coins entered the exchange today: KEEP, tBTC, and Aragon, they posted negative returns, but look out for tomorrow.
| November 24, 2020 $1366.6M traded across all markets today Crypto, EUR, USD, JPY, CAD, GBP, CHF, AUD |
||||
|---|---|---|---|---|
| XBT $19189. ↑4.4% $480.9M |
XRP $0.6955 ↑12% $400.6M |
ETH $605.33 ↓0.7% $198.6M |
USDT $1.0007 ↑0.0% $92.9M |
XLM $0.1962 ↑48% $52.0M |
| ADA $0.1673 ↑7.7% $33.7M |
LINK $15.667 ↑2.4% $30.8M |
BCH $349.65 ↑7.9% $28.0M |
LTC $89.344 ↑0.07% $25.7M |
XMR $135.43 ↑4.0% $14.7M |
| DOT $5.7365 ↓3.1% $14.1M |
XTZ $2.6734 ↑1.9% $13.6M |
EOS $3.5963 ↑6.1% $12.7M |
USDC $0.9997 ↑0.0% $9.4M |
DASH $114.17 ↑21% $8.72M |
| TRX $0.0351 ↑11% $6.78M |
ZEC $87.075 ↑9.3% $6.01M |
YFI $24803. ↓2.3% $5.96M |
ALGO $0.3579 ↑6.4% $4.5M |
WAVES $7.5572 ↓4.4% $4.08M |
| OMG $4.3591 ↑2.9% $3.82M |
ATOM $5.9684 ↑2.6% $3.69M |
BAT $0.2617 ↑2.6% $3.44M |
OXT $0.3360 ↑8.4% $3.05M |
FIL $29.770 ↑2.0% $2.3M |
| UNI $4.0644 ↓3.3% $2.04M |
NANO $1.3818 ↑18% $1.75M |
ETC $7.2799 ↑11% $1.72M |
KSM $48.539 ↑19% $1.71M |
SC $0.0038 ↑26% $1.62M |
| QTUM $3.0756 ↑10% $1.6M |
XDG $0.0042 ↑14% $1.53M |
DAI $1.0030 ↑0.03% $1.49M |
CRV $0.6879 ↓7.3% $1.48M |
COMP $127.93 ↑1.3% $1.36M |
| KAVA $1.9853 ↑1.2% $1.2M |
MLN $32.365 ↑12% $1.2M |
ICX $0.4675 ↑7.1% $1.01M |
LSK $1.5323 ↑14% $875K |
GNO $68.935 ↑8.4% $832K |
| KEEP $0.3696 ↓16% $755K |
PAXG $1817.2 ↓1.8% $710K |
STORJ $0.4006 ↑9.2% $679K |
SNX $5.2365 ↓4.1% $674K |
KNC $1.1302 ↑2.0% $644K |
| REP $17.902 ↑5.3% $579K |
ANT $4.0535 ↓11% $291K |
BAL $15.999 ↓7.3% $171K |
REPV2 $17.305 ↑10% $135K |
|
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 24 2020)
Figure 2: Mid-size trading assets: (measured in USD) (November 24 2020)
Figure 3: Smallest trading assets: (measured in USD) (November 24 2020)
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 24 2020)
Returns and Volume
Figure 5: Returns of the four highest volume pairs (November 24 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 24 2020)
Daily Returns %
Figure 7: Returns over USD and XBT. Relative volume and return size is indicated by the size of the font. (November 24 2020)
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.
