Kraken Daily Market Report for November 28 2020

Overview


  • Total spot trading volume at $468.7 million, around 6 times higher the usual weekend volume as most cryptos reversed their losses from yesterday.
  • Total futures notional at $241.1 million, trading began yesterday with the June expiration.
  • Ripple’s hot streak continues, up another 11%, and beating out Ethereum in terms of trading volume.
  • Almost all coins were positive today: Bitcoin +3.4%, Ethereum +3.7%, Cardano +16%, and Dash +18%.

November 28, 2020 
 $468.7M traded across all markets today
 Crypto, EUR, USD, JPY, CAD, GBP, CHF, AUD 
XBT 
$17725. 
↑3.4% 
$180.7M
XRP 
$0.6259 
↑11% 
$103.7M
ETH 
$538.35 
↑3.7% 
$72.8M
USDT 
$1.0007 
↑0.04% 
$34.5M
XLM 
$0.2000 
↓3.5% 
$22.3M
ADA 
$0.1650 
↑16% 
$17.0M
LINK 
$13.079 
↑4.5% 
$10.8M
LTC 
$72.754 
↑4.8% 
$10.1M
BCH 
$276.45 
↑4.0% 
$3.97M
XTZ 
$2.3238 
↑3.1% 
$3.62M
USDC 
$1.0000 
↑0.02% 
$3.35M
DOT 
$4.8951 
↑1.7% 
$3.02M
DASH 
$109.27 
↑18% 
$2.56M
YFI 
$23407. 
↓0.4% 
$2.25M
EOS 
$2.9995 
↑4.4% 
$2.21M
ALGO 
$0.3127 
↑4.1% 
$1.77M
WAVES 
$6.5950 
↑2.1% 
$1.75M
XMR 
$121.94 
↑3.9% 
$1.55M
OMG 
$3.7864 
↑4.7% 
$1.4M
ZEC 
$75.384 
↑8.3% 
$1.09M
BAT 
$0.2297 
↑2.0% 
$1.05M
TRX 
$0.0304 
↑3.6% 
$985K
NANO 
$1.1754 
↑3.8% 
$890K
GNO 
$57.899 
↓2.8% 
$771K
DAI 
$1.0039 
↑0.04% 
$676K
OXT 
$0.2976 
↑10% 
$630K
ETC 
$6.3239 
↑1.9% 
$584K
KSM 
$45.880 
↑0.6% 
$499K
SNX 
$4.2644 
↑3.3% 
$435K
REP 
$15.593 
↑4.8% 
$429K
CRV 
$0.6094 
↓4.9% 
$425K
SC 
$0.0032 
↑7.5% 
$413K
ATOM 
$5.4361 
↑1.2% 
$391K
ICX 
$0.4101 
↑2.8% 
$374K
QTUM 
$2.6878 
↑3.2% 
$353K
KAVA 
$1.6236 
↑3.1% 
$332K
MLN 
$27.453 
↑3.6% 
$309K
FIL 
$29.956 
↑0.02% 
$290K
PAXG 
$1797.0 
↓0.3% 
$280K
UNI 
$3.4639 
↑4.5% 
$254K
COMP 
$108.27 
↑3.4% 
$238K
KNC 
$1.0151 
↑5.5% 
$231K
STORJ 
$0.3405 
↑3.5% 
$183K
XDG 
$0.0033 
↑1.9% 
$163K
KEEP 
$0.3168 
↑4.8% 
$160K
LSK 
$1.2748 
↑4.4% 
$92.0K
ANT 
$3.2640 
↑3.8% 
$71.2K
BAL 
$13.355 
↑1.1% 
$58.2K
TBTC 
$17737. 
↑3.4% 
$46.3K
REPV2 
$15.287 
↑5.3% 
$35.1K



#####################. 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 28 2020)



Figure 2: Mid-size trading assets: (measured in USD) (November 28 2020)



Figure 3: Smallest trading assets: (measured in USD) (November 28 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 28 2020)



.


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

Returns and Volume


Figure 5: Returns of the four highest volume pairs (November 28 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 28 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 28 2020)