Kraken Daily Market Report for January 02 2021

Overview


  • Total spot trading volume was $1.85 billion, over 2.5 times the 30-day average of $761 million.
  • The top 5 tokens by volume traded were, respectively, Bitcoin, Ethereum, Tether, Polkadot and Dogecoin.
  • Dogecoin posted an impressive 84% return over USD.

January 02, 2021 
 $1851.8M traded across all markets today
 Crypto, EUR, USD, JPY, CAD, GBP, CHF, AUD 
XBT 
$32216. 
↑9.7% 
$1196.2M
ETH 
$775.38 
↑6.1% 
$245.7M
USDT 
$1.0008 
↓0.15% 
$150.9M
DOT 
$9.2146 
↑11% 
$59.9M
XDG 
$0.0105 
↑84% 
$49.8M
LTC 
$137.09 
↑8.4% 
$47.3M
XRP 
$0.2210 
↓7.1% 
$41.2M
USDC 
$1.0002 
↑0.04% 
$29.7M
XMR 
$143.25 
↑5.5% 
$18.9M
ADA 
$0.1773 
↑1.0% 
$16.3M
LINK 
$12.219 
↑2.9% 
$15.9M
BCH 
$354.31 
↑3.5% 
$14.4M
ALGO 
$0.4080 
↑2.3% 
$8.8M
XLM 
$0.1275 
↓3.7% 
$6.8M
DAI 
$1.0003 
↓0.4% 
$4.99M
ATOM 
$5.4144 
↓7.9% 
$4.8M
SC 
$0.0045 
↑35% 
$4.53M
XTZ 
$1.9985 
↓0.6% 
$4.29M
GRT 
$0.3274 
↓9.6% 
$4.16M
DASH 
$86.936 
↓1.5% 
$4.01M
WAVES 
$5.5911 
↓6.6% 
$3.51M
ZEC 
$57.475 
↑1.2% 
$3.19M
EOS 
$2.6297 
↓0.5% 
$3.05M
YFI 
$21515. 
↓1.8% 
$2.97M
UNI 
$4.8589 
↑2.3% 
$2.96M
OMG 
$2.5439 
↓0.26% 
$1.83M
SNX 
$8.2039 
↓1.8% 
$1.82M
KSM 
$69.022 
↓0.9% 
$1.76M
BAT 
$0.2037 
↓0.5% 
$1.63M
TRX 
$0.0272 
↑1.1% 
$1.55M
FIL 
$21.758 
↓2.3% 
$1.21M
OXT 
$0.2327 
↑0.8% 
$1.08M
QTUM 
$2.2495 
↓1.1% 
$1.03M
CRV 
$0.6150 
↓1.1% 
$1.03M
PAXG 
$1969.0 
↑1.3% 
$797K
COMP 
$136.68 
↓6.6% 
$782K
AAVE 
$85.875 
↓5.9% 
$667K
KNC 
$0.7857 
↓1.9% 
$566K
ETC 
$5.7679 
↑0.9% 
$546K
REP 
$16.743 
↓1.4% 
$527K
ICX 
$0.4345 
↓3.7% 
$464K
MLN 
$25.241 
↓4.0% 
$447K
KAVA 
$1.2921 
↓0.9% 
$428K
BAL 
$14.605 
↑4.4% 
$426K
NANO 
$1.0437 
↑1.1% 
$404K
KEEP 
$0.2138 
↑7.6% 
$265K
ANT 
$3.1066 
↓3.7% 
$254K
LSK 
$1.1473 
↓0.01% 
$237K
GNO 
$75.315 
↑3.8% 
$204K
STORJ 
$0.2925 
↓1.4% 
$142K
REPV2 
$16.607 
↓0.7% 
$136K
MANA 
$0.0793 
↓4.9% 
$110K
TBTC 
$33415. 
↑13% 
$61.9K



#####################. 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 (January 02 2021)



Figure 2: Mid-size trading assets: (measured in USD) (January 02 2021)



Figure 3: Smallest trading assets: (measured in USD) (January 02 2021)



#####################. 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 (January 02 2021)



.


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

Returns and Volume


Figure 5: Returns of the four highest volume pairs (January 02 2021)


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 (January 02 2021)