Kraken Daily Market Report for January 21 2021

Overview


  • Total spot trading volume at $2.28 billion, 44% higher than the 30-day average of $1.58 billion.
  • Total futures notional at $1.21 billion.
  • The top 5 traded coins were, respectively, Bitcoin, Ethereum, Tether, Polkadot, and Cardano.
  • Mainly negative returns for most cryptos, including Bitcoin (-10%) and Ethereum (-12%); however, a few coins posted positive gains, including Curve Dao (+9.3%), Kyber Network (+6.8%), and Melon (+7.2%).

January 21, 2021 
 $2284.2M traded across all markets today
 Crypto, EUR, USD, JPY, CAD, GBP, CHF, AUD 
XBT 
$31958. 
↓10% 
$1181.2M
ETH 
$1214.3 
↓12% 
$601.1M
USDT 
$0.9999 
↓0.07% 
$187.5M
DOT 
$16.340 
↓9.4% 
$88.7M
ADA 
$0.3375 
↓10% 
$41.8M
XRP 
$0.2782 
↓6.1% 
$39.0M
USDC 
$1.0000 
↑0.01% 
$37.4M
LINK 
$19.807 
↓9.9% 
$29.3M
LTC 
$134.50 
↓10% 
$27.4M
BCH 
$443.43 
↓11% 
$14.8M
XLM 
$0.2699 
↓8.2% 
$12.0M
CRV 
$1.7800 
↑9.3% 
$6.02M
XTZ 
$2.6316 
↓10% 
$5.73M
XMR 
$138.39 
↓9.6% 
$5.18M
DAI 
$1.0001 
↓0.08% 
$5.09M
ATOM 
$7.9203 
↓11% 
$4.99M
UNI 
$8.1744 
↓9.2% 
$4.56M
FIL 
$21.513 
↓3.8% 
$4.35M
GRT 
$0.4809 
↓8.1% 
$4.13M
AAVE 
$176.04 
↓11% 
$3.7M
EOS 
$2.6226 
↓5.6% 
$3.43M
YFI 
$29964. 
↓12% 
$3.34M
KSM 
$99.924 
↓6.0% 
$3.31M
TRX 
$0.0287 
↓5.6% 
$3.16M
SNX 
$13.587 
↓14% 
$3.12M
ICX 
$0.7715 
↓4.5% 
$3.09M
DASH 
$107.74 
↓11% 
$3.05M
WAVES 
$6.4307 
↓11% 
$2.87M
NANO 
$3.0775 
↓9.7% 
$2.7M
OMG 
$3.4412 
↓10% 
$2.68M
KNC 
$1.3809 
↑6.8% 
$2.36M
ALGO 
$0.4877 
↓11% 
$2.18M
ZEC 
$89.319 
↓10% 
$1.77M
PAXG 
$1888.0 
↑0.14% 
$1.68M
KAVA 
$2.0487 
↓9.6% 
$1.59M
BAT 
$0.2605 
↓6.7% 
$1.42M
REP 
$21.614 
↓9.3% 
$1.4M
MLN 
$44.795 
↑7.2% 
$1.36M
XDG 
$0.0085 
↓5.7% 
$1.19M
COMP 
$189.47 
↓11% 
$1.07M
QTUM 
$2.9353 
↓9.6% 
$981K
SC 
$0.0046 
↓11% 
$876K
ETC 
$7.4725 
↓5.7% 
$837K
OXT 
$0.2798 
↓6.1% 
$709K
KEEP 
$0.2846 
↓14% 
$574K
MANA 
$0.1278 
↓6.8% 
$426K
LSK 
$1.3349 
↓12% 
$362K
BAL 
$19.769 
↓12% 
$231K
STORJ 
$0.3860 
↓5.2% 
$207K
ANT 
$3.7115 
↓7.3% 
$198K
GNO 
$104.87 
↓12% 
$170K
TBTC 
$33841. 
↓8.9% 
$160K
REPV2 
$19.378 
↓10% 
$151K



#####################. 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 21 2021)



Figure 2: Mid-size trading assets: (measured in USD) (January 21 2021)



Figure 3: Smallest trading assets: (measured in USD) (January 21 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 21 2021)



.


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

Returns and Volume


Figure 5: Returns of the four highest volume pairs (January 21 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 21 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 21 2021)