| Market Reports

Kraken Daily Market Report for January 08 2021

Overview


  • Total spot trading volume at $2.4 billion, 121% higher than the 30-day average of $ 1.08 billion.
  • The top 5 traded coins were, respectively, Bitcoin, Ethereum, Tether, Ripple, and Litecoin.
  • All coins had returns within +/-10%.

January 08, 2021 
 $2392.9M traded across all markets today
 Crypto, EUR, USD, JPY, CAD, GBP, CHF, AUD 
XBT 
$40705. 
↑2.9% 
$1181.7M
ETH 
$1220.4 
↓0.9% 
$610.2M
USDT 
$1.0011 
↑0.0% 
$207.0M
XRP 
$0.3225 
↓1.0% 
$94.2M
LTC 
$172.89 
↑1.5% 
$78.5M
ADA 
$0.3051 
↑1.5% 
$51.6M
XLM 
$0.2983 
↓4.4% 
$47.8M
USDC 
$0.9999 
↑0.0% 
$36.9M
DOT 
$9.3234 
↓3.7% 
$32.4M
LINK 
$15.266 
↓4.9% 
$25.2M
YFI 
$34968. 
↑5.2% 
$19.5M
BCH 
$438.60 
↓2.8% 
$15.0M
NANO 
$4.0634 
↓7.1% 
$12.1M
XMR 
$142.52 
↓0.29% 
$9.81M
XTZ 
$2.4601 
↓3.3% 
$6.82M
EOS 
$3.1164 
↓2.8% 
$6.79M
DAI 
$1.0010 
↓0.05% 
$6.74M
XDG 
$0.0098 
↑0.21% 
$5.45M
ATOM 
$5.9590 
↓5.1% 
$3.5M
KSM 
$69.662 
↑0.4% 
$3.46M
WAVES 
$5.6200 
↓5.5% 
$3.45M
GRT 
$0.3292 
↓5.3% 
$3.41M
ALGO 
$0.4553 
↓1.9% 
$3.09M
BAT 
$0.2518 
↓2.3% 
$2.74M
ZEC 
$68.805 
↑1.1% 
$2.52M
TRX 
$0.0305 
↓1.4% 
$2.47M
OMG 
$3.4069 
↓3.5% 
$2.45M
MANA 
$0.1266 
↓1.7% 
$2.44M
PAXG 
$1905.0 
↓3.0% 
$2.36M
SC 
$0.0047 
↓2.4% 
$2.22M
DASH 
$96.460 
↓2.7% 
$1.91M
UNI 
$5.8829 
↓6.3% 
$1.83M
QTUM 
$2.8630 
↓1.2% 
$1.69M
AAVE 
$110.70 
↓4.4% 
$1.54M
SNX 
$11.761 
↑1.3% 
$1.52M
STORJ 
$0.3807 
↑9.6% 
$1.28M
ICX 
$0.6289 
↑8.8% 
$1.22M
KNC 
$1.1294 
↑6.2% 
$1.12M
ETC 
$6.9539 
↓4.0% 
$1.08M
GNO 
$110.43 
↑2.0% 
$939K
KAVA 
$1.6199 
↓4.4% 
$936K
CRV 
$0.6954 
↓3.9% 
$907K
REP 
$18.469 
↓4.6% 
$901K
OXT 
$0.2710 
↓4.5% 
$840K
COMP 
$165.86 
↓4.4% 
$772K
FIL 
$21.669 
↓1.9% 
$666K
MLN 
$33.309 
↓3.3% 
$651K
LSK 
$1.3283 
↓1.8% 
$341K
BAL 
$18.0 
↓2.7% 
$279K
KEEP 
$0.2340 
↓0.9% 
$270K
ANT 
$3.3446 
↓2.3% 
$210K
TBTC 
$42726. 
↑10% 
$198K
REPV2 
$18.210 
↓5.8% 
$170K

Overview


  • Total spot trading volume at $2.4 billion, 121% higher than the 30-day average of $ 1.08 billion.
  • The top 5 traded coins were, respectively, Bitcoin, Ethereum, Tether, Ripple, and Litecoin.
  • All coins had returns within +/-10%.

January 08, 2021 
 $2392.9M traded across all markets today
 Crypto, EUR, USD, JPY, CAD, GBP, CHF, AUD 
XBT 
$40705. 
↑2.9% 
$1181.7M
ETH 
$1220.4 
↓0.9% 
$610.2M
USDT 
$1.0011 
↑0.0% 
$207.0M
XRP 
$0.3225 
↓1.0% 
$94.2M
LTC 
$172.89 
↑1.5% 
$78.5M
ADA 
$0.3051 
↑1.5% 
$51.6M
XLM 
$0.2983 
↓4.4% 
$47.8M
USDC 
$0.9999 
↑0.0% 
$36.9M
DOT 
$9.3234 
↓3.7% 
$32.4M
LINK 
$15.266 
↓4.9% 
$25.2M
YFI 
$34968. 
↑5.2% 
$19.5M
BCH 
$438.60 
↓2.8% 
$15.0M
NANO 
$4.0634 
↓7.1% 
$12.1M
XMR 
$142.52 
↓0.29% 
$9.81M
XTZ 
$2.4601 
↓3.3% 
$6.82M
EOS 
$3.1164 
↓2.8% 
$6.79M
DAI 
$1.0010 
↓0.05% 
$6.74M
XDG 
$0.0098 
↑0.21% 
$5.45M
ATOM 
$5.9590 
↓5.1% 
$3.5M
KSM 
$69.662 
↑0.4% 
$3.46M
WAVES 
$5.6200 
↓5.5% 
$3.45M
GRT 
$0.3292 
↓5.3% 
$3.41M
ALGO 
$0.4553 
↓1.9% 
$3.09M
BAT 
$0.2518 
↓2.3% 
$2.74M
ZEC 
$68.805 
↑1.1% 
$2.52M
TRX 
$0.0305 
↓1.4% 
$2.47M
OMG 
$3.4069 
↓3.5% 
$2.45M
MANA 
$0.1266 
↓1.7% 
$2.44M
PAXG 
$1905.0 
↓3.0% 
$2.36M
SC 
$0.0047 
↓2.4% 
$2.22M
DASH 
$96.460 
↓2.7% 
$1.91M
UNI 
$5.8829 
↓6.3% 
$1.83M
QTUM 
$2.8630 
↓1.2% 
$1.69M
AAVE 
$110.70 
↓4.4% 
$1.54M
SNX 
$11.761 
↑1.3% 
$1.52M
STORJ 
$0.3807 
↑9.6% 
$1.28M
ICX 
$0.6289 
↑8.8% 
$1.22M
KNC 
$1.1294 
↑6.2% 
$1.12M
ETC 
$6.9539 
↓4.0% 
$1.08M
GNO 
$110.43 
↑2.0% 
$939K
KAVA 
$1.6199 
↓4.4% 
$936K
CRV 
$0.6954 
↓3.9% 
$907K
REP 
$18.469 
↓4.6% 
$901K
OXT 
$0.2710 
↓4.5% 
$840K
COMP 
$165.86 
↓4.4% 
$772K
FIL 
$21.669 
↓1.9% 
$666K
MLN 
$33.309 
↓3.3% 
$651K
LSK 
$1.3283 
↓1.8% 
$341K
BAL 
$18.0 
↓2.7% 
$279K
KEEP 
$0.2340 
↓0.9% 
$270K
ANT 
$3.3446 
↓2.3% 
$210K
TBTC 
$42726. 
↑10% 
$198K
REPV2 
$18.210 
↓5.8% 
$170K



#####################. 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 08 2021)



Figure 2: Mid-size trading assets: (measured in USD) (January 08 2021)



Figure 3: Smallest trading assets: (measured in USD) (January 08 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 08 2021)



.


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

Returns and Volume


Figure 5: Returns of the four highest volume pairs (January 08 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 08 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 08 2021)



###########. 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.