Overview

---

• Total spot trading volume at an all time high of $2.48 billion, more than 27% larger compared to the last daily all time high (of $1.94 billion).
• Trading was extra high as Bitcoin was down by more than 10% at mid-day, but closed only at -3.4%. Meanwhile, Ethereum was up by over 15%, then fell to -5%, then recovered to close +5.5%.
• Strong day for Aave (+20%), Stellar (+20%), and Synthetix (+19%).

---

January 04, 2021   $2481.4M traded across all markets today  Crypto, EUR, USD, JPY, CAD, GBP, CHF, AUD
XBT  $31988.  ↓3.4%  $1091.9M	ETH  $1039.3  ↑5.5%  $871.1M	USDT  $1.0006  ↓0.05%  $225.2M	LTC  $154.85  ↓4.4%  $80.1M	DOT  $9.4855  ↓6.8%  $52.8M
XRP  $0.2361  ↑4.4%  $52.0M	LINK  $13.622  ↓1.3%  $42.3M	ADA  $0.2254  ↑8.9%  $40.9M	USDC  $1.0000  ↑0.01%  $39.5M	BCH  $405.94  ↓4.7%  $32.1M
XLM  $0.1642  ↑20%  $24.6M	XDG  $0.0097  ↓0.4%  $17.7M	XMR  $133.86  ↓3.7%  $10.8M	EOS  $2.8156  ↑0.19%  $10.8M	XTZ  $2.3296  ↑8.4%  $10.1M
YFI  $23360.  ↓3.0%  $8.35M	ATOM  $6.0183  ↑2.4%  $7.61M	DAI  $1.0015  ↓0.18%  $6.75M	OMG  $3.2790  ↑6.4%  $6.02M	ALGO  $0.4443  ↑3.3%  $5.52M
TRX  $0.0310  ↑4.8%  $4.87M	DASH  $88.878  ↓1.1%  $4.23M	WAVES  $5.3950  ↓3.5%  $4.16M	UNI  $5.4095  ↓2.5%  $3.72M	AAVE  $113.84  ↑20%  $3.55M
GRT  $0.3073  ↑2.4%  $3.33M	KSM  $68.625  ↓6.2%  $3.17M	SNX  $11.430  ↑19%  $3.16M	ETC  $7.0295  ↑6.9%  $2.74M	NANO  $1.4956  ↓13%  $2.65M
QTUM  $2.5106  ↑1.1%  $2.45M	ZEC  $60.25  ↑1.1%  $2.4M	BAT  $0.2180  ↓0.03%  $1.89M	SC  $0.0043  ↓7.9%  $1.81M	FIL  $21.508  ↓0.08%  $1.73M
CRV  $0.6764  ↓1.2%  $1.67M	PAXG  $1993.0  ↓0.05%  $1.67M	OXT  $0.2338  ↑1.4%  $1.34M	COMP  $150.83  ↑1.9%  $1.28M	KAVA  $1.5121  ↑9.1%  $1.03M
GNO  $94.920  ↑4.5%  $1.01M	MLN  $30.814  ↑1.5%  $760K	ICX  $0.5199  ↑6.1%  $737K	TBTC  $32678.  ↓3.2%  $614K	BAL  $15.779  ↓1.5%  $566K
REP  $17.083  ↓1.2%  $546K	KNC  $0.8194  ↓1.7%  $455K	LSK  $1.2086  ↓1.7%  $328K	STORJ  $0.3038  ↓3.0%  $319K	REPV2  $16.423  ↓3.7%  $271K
KEEP  $0.2165  ↓2.9%  $245K	MANA  $0.0788  ↓4.3%  $230K	ANT  $3.3292  ↑8.5%  $174K

#####################. 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 04 2021)



Figure 2: Mid-size trading assets: (measured in USD) (January 04 2021)



Figure 3: Smallest trading assets: (measured in USD) (January 04 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 04 2021)



.

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

Returns and Volume

---

Figure 5: Returns of the four highest volume pairs (January 04 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 04 2021)

###########. Daily Returns. #################################################

Daily Returns %

---

Figure 7: Returns over USD and XBT. Relative volume and return size is indicated by the size of the font. (January 04 2021)