Kraken Daily Market Report for January 23 2021

Overview


  • Total spot trading volume at $855.4 million.
  • Total futures notional at $368.4 million.
  • The top 5 traded coins were, respectively, Bitcoin, Ethereum, Chainlink, Polkadot, and Tether.
  • Although Bitcoin was down 2.4% against USD, some other cryptos posted positive gains including Chainlink (+14%), Mana (+22%), and Qtum (+34%).

January 23, 2021 
 $855.4M traded across all markets today
 Crypto, EUR, USD, JPY, CAD, GBP, CHF, AUD 
XBT 
$32106. 
↓2.4% 
$374.5M
ETH 
$1232.7 
↑0.15% 
$215.3M
LINK 
$24.757 
↑14% 
$64.7M
DOT 
$18.690 
↑9.0% 
$59.4M
USDT 
$1.0007 
↓0.01% 
$57.8M
ADA 
$0.3457 
↓0.9% 
$17.5M
XTZ 
$3.1737 
↑9.1% 
$16.0M
USDC 
$0.9999 
↑0.0% 
$11.9M
LTC 
$137.65 
↑0.3% 
$10.6M
XRP 
$0.2718 
↓0.18% 
$10.1M
AAVE 
$212.73 
↑13% 
$6.32M
BCH 
$431.73 
↓1.8% 
$5.48M
GRT 
$0.5855 
↑14% 
$4.72M
CRV 
$2.1414 
↑8.7% 
$4.56M
XLM 
$0.2700 
↑0.16% 
$4.39M
ALGO 
$0.5567 
↑9.3% 
$3.49M
FIL 
$22.697 
↑1.9% 
$3.28M
BAT 
$0.3291 
↑4.7% 
$3.1M
QTUM 
$3.9157 
↑34% 
$3.09M
MANA 
$0.1935 
↑22% 
$3.01M
DAI 
$1.0021 
↑0.11% 
$2.98M
XMR 
$138.94 
↑2.3% 
$2.84M
ATOM 
$8.3335 
↑4.3% 
$2.79M
UNI 
$9.3049 
↑7.0% 
$2.56M
YFI 
$30529. 
↓0.8% 
$2.55M
EOS 
$2.7056 
↑3.3% 
$2.43M
DASH 
$105.19 
↑0.4% 
$2.3M
SNX 
$14.637 
↑3.1% 
$2.26M
ZEC 
$85.849 
↓1.3% 
$2.26M
OMG 
$3.6222 
↑7.9% 
$1.84M
KSM 
$107.60 
↑3.4% 
$1.8M
WAVES 
$6.5989 
↑3.1% 
$1.66M
NANO 
$3.1280 
↓1.4% 
$1.12M
TRX 
$0.0292 
↑2.2% 
$991K
KAVA 
$2.2442 
↑4.6% 
$766K
MLN 
$42.203 
↓7.6% 
$751K
XDG 
$0.0085 
↑1.0% 
$742K
SC 
$0.0046 
↑1.3% 
$717K
OXT 
$0.2993 
↑4.4% 
$565K
ICX 
$0.7268 
↑2.4% 
$562K
KNC 
$1.3564 
↓0.6% 
$536K
REP 
$21.515 
↑0.4% 
$531K
KEEP 
$0.2710 
↓4.5% 
$486K
ETC 
$7.4704 
↑0.05% 
$459K
COMP 
$206.96 
↑3.6% 
$373K
ANT 
$3.8595 
↑10% 
$358K
LSK 
$1.3762 
↑2.2% 
$228K
BAL 
$20.630 
↑3.4% 
$223K
PAXG 
$1868.2 
↑0.25% 
$212K
STORJ 
$0.3842 
↑0.8% 
$174K
REPV2 
$19.611 
↑3.0% 
$108K
GNO 
$107.03 
↓0.01% 
$89.3K
TBTC 
$33664. 
↓1.5% 
$33.6K



#####################. 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 23 2021)



Figure 2: Mid-size trading assets: (measured in USD) (January 23 2021)



Figure 3: Smallest trading assets: (measured in USD) (January 23 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 23 2021)



.


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

Returns and Volume


Figure 5: Returns of the four highest volume pairs (January 23 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 23 2021)