| Market Reports

Kraken Daily Market Report for December 12 2020

Overview


  • Total spot trading volume was at $338.5 million, fairly high for weekend trading as Bitcoin and Ethereum had strong gains late in the day to close +4.2% and 4.4%, respectively.
  • The coin with the largest 30-day increase in trading volume is Ripple. Ripple was the second most traded coin today (trailing Bitcoin); however, Ripple was also one of the few coins to post a loss against USD (-1.3%) and an even bigger loss against Bitcoin (-5%).
  • Some coins significantly outperformed the dollar today, including Litecoin (+6.1%), Yearn (+8.4%), Nano (+8.1%), and Melon (+7.9%).

December 12, 2020 
 $338.5M traded across all markets today
 Crypto, EUR, USD, JPY, CAD, GBP, CHF, AUD 
XBT 
$18790. 
↑4.2% 
$161.6M
XRP 
$0.5050 
↓1.3% 
$73.7M
ETH 
$567.94 
↑4.4% 
$45.9M
USDT 
$1.0004 
↑0.05% 
$24.2M
XMR 
$146.68 
↑3.2% 
$11.9M
LINK 
$12.189 
↑4.6% 
$5.53M
LTC 
$76.587 
↑6.1% 
$4.93M
ADA 
$0.1440 
↑3.5% 
$4.77M
YFI 
$25339. 
↑8.4% 
$3.61M
XLM 
$0.1585 
↑5.5% 
$3.59M
USDC 
$1.0000 
↑0.01% 
$2.73M
WAVES 
$8.4442 
↑3.8% 
$2.2M
BCH 
$267.57 
↑3.5% 
$2.09M
DOT 
$4.7344 
↑2.6% 
$1.82M
ALGO 
$0.3091 
↑7.2% 
$1.27M
XTZ 
$2.1327 
↑2.7% 
$1.1M
ATOM 
$5.0626 
↑7.6% 
$982K
OMG 
$3.1868 
↑6.5% 
$650K
REP 
$16.726 
↑2.3% 
$632K
DAI 
$1.0027 
↓0.18% 
$631K
DASH 
$94.628 
↑1.5% 
$629K
KSM 
$48.319 
↑6.8% 
$528K
FIL 
$29.910 
↑0.3% 
$481K
COMP 
$144.51 
↑1.3% 
$439K
ZEC 
$65.924 
↑3.6% 
$412K
TRX 
$0.0285 
↑3.0% 
$371K
ETC 
$5.9479 
↑2.8% 
$350K
CRV 
$0.5915 
↑6.3% 
$347K
BAT 
$0.2110 
↑3.9% 
$340K
NANO 
$1.0031 
↑8.1% 
$313K
SNX 
$4.4665 
↑2.6% 
$310K
OXT 
$0.2592 
↑5.1% 
$294K
EOS 
$2.7653 
↑2.9% 
$291K
UNI 
$3.1189 
↑5.1% 
$276K
MLN 
$32.908 
↑7.9% 
$191K
QTUM 
$2.4653 
↑5.6% 
$187K
PAXG 
$1846.4 
↑0.03% 
$182K
TBTC 
$18792. 
↑5.8% 
$106K
LSK 
$1.2583 
↑5.3% 
$102K
KAVA 
$1.5175 
↑3.1% 
$99.2K
SC 
$0.0032 
↑4.9% 
$97.1K
ICX 
$0.3839 
↑6.3% 
$86.3K
KEEP 
$0.2799 
↑7.0% 
$76.7K
XDG 
$0.0031 
↑3.1% 
$67.0K
BAL 
$11.790 
↑5.3% 
$65.1K
KNC 
$0.8934 
↑3.1% 
$44.8K
REPV2 
$15.501 
↑6.8% 
$36.2K
STORJ 
$0.3426 
↑4.4% 
$29.8K
ANT 
$2.9690 
↓2.3% 
$16.5K
GNO 
$61.070 
↑2.1% 
$9.43K

Overview


  • Total spot trading volume was at $338.5 million, fairly high for weekend trading as Bitcoin and Ethereum had strong gains late in the day to close +4.2% and 4.4%, respectively.
  • The coin with the largest 30-day increase in trading volume is Ripple. Ripple was the second most traded coin today (trailing Bitcoin); however, Ripple was also one of the few coins to post a loss against USD (-1.3%) and an even bigger loss against Bitcoin (-5%).
  • Some coins significantly outperformed the dollar today, including Litecoin (+6.1%), Yearn (+8.4%), Nano (+8.1%), and Melon (+7.9%).

December 12, 2020 
 $338.5M traded across all markets today
 Crypto, EUR, USD, JPY, CAD, GBP, CHF, AUD 
XBT 
$18790. 
↑4.2% 
$161.6M
XRP 
$0.5050 
↓1.3% 
$73.7M
ETH 
$567.94 
↑4.4% 
$45.9M
USDT 
$1.0004 
↑0.05% 
$24.2M
XMR 
$146.68 
↑3.2% 
$11.9M
LINK 
$12.189 
↑4.6% 
$5.53M
LTC 
$76.587 
↑6.1% 
$4.93M
ADA 
$0.1440 
↑3.5% 
$4.77M
YFI 
$25339. 
↑8.4% 
$3.61M
XLM 
$0.1585 
↑5.5% 
$3.59M
USDC 
$1.0000 
↑0.01% 
$2.73M
WAVES 
$8.4442 
↑3.8% 
$2.2M
BCH 
$267.57 
↑3.5% 
$2.09M
DOT 
$4.7344 
↑2.6% 
$1.82M
ALGO 
$0.3091 
↑7.2% 
$1.27M
XTZ 
$2.1327 
↑2.7% 
$1.1M
ATOM 
$5.0626 
↑7.6% 
$982K
OMG 
$3.1868 
↑6.5% 
$650K
REP 
$16.726 
↑2.3% 
$632K
DAI 
$1.0027 
↓0.18% 
$631K
DASH 
$94.628 
↑1.5% 
$629K
KSM 
$48.319 
↑6.8% 
$528K
FIL 
$29.910 
↑0.3% 
$481K
COMP 
$144.51 
↑1.3% 
$439K
ZEC 
$65.924 
↑3.6% 
$412K
TRX 
$0.0285 
↑3.0% 
$371K
ETC 
$5.9479 
↑2.8% 
$350K
CRV 
$0.5915 
↑6.3% 
$347K
BAT 
$0.2110 
↑3.9% 
$340K
NANO 
$1.0031 
↑8.1% 
$313K
SNX 
$4.4665 
↑2.6% 
$310K
OXT 
$0.2592 
↑5.1% 
$294K
EOS 
$2.7653 
↑2.9% 
$291K
UNI 
$3.1189 
↑5.1% 
$276K
MLN 
$32.908 
↑7.9% 
$191K
QTUM 
$2.4653 
↑5.6% 
$187K
PAXG 
$1846.4 
↑0.03% 
$182K
TBTC 
$18792. 
↑5.8% 
$106K
LSK 
$1.2583 
↑5.3% 
$102K
KAVA 
$1.5175 
↑3.1% 
$99.2K
SC 
$0.0032 
↑4.9% 
$97.1K
ICX 
$0.3839 
↑6.3% 
$86.3K
KEEP 
$0.2799 
↑7.0% 
$76.7K
XDG 
$0.0031 
↑3.1% 
$67.0K
BAL 
$11.790 
↑5.3% 
$65.1K
KNC 
$0.8934 
↑3.1% 
$44.8K
REPV2 
$15.501 
↑6.8% 
$36.2K
STORJ 
$0.3426 
↑4.4% 
$29.8K
ANT 
$2.9690 
↓2.3% 
$16.5K
GNO 
$61.070 
↑2.1% 
$9.43K



#####################. 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 (December 12 2020)



Figure 2: Mid-size trading assets: (measured in USD) (December 12 2020)



Figure 3: Smallest trading assets: (measured in USD) (December 12 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 (December 12 2020)



.


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

Returns and Volume


Figure 5: Returns of the four highest volume pairs (December 12 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 (December 12 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. (December 12 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.