Kraken Daily Market Report for January 24 2021

Overview


  • Total spot trading volume at $962.8 million.
  • Total futures notional at $394.5 million.
  • The top 5 traded coins were, respectively, Ethereum, Bitcoin, Tether, Polkadot, and Chainlink.
  • There was a wide mix of returns: Ethereum (+13%), Uniswap (+29%), Bitcoin (+0.7%), and Mana (-11%).

January 24, 2021 
 $962.8M traded across all markets today
 Crypto, EUR, USD, JPY, CAD, GBP, CHF, AUD 
ETH 
$1395.9 
↑13% 
$403.2M
XBT 
$32287. 
↑0.7% 
$364.6M
USDT 
$1.0010 
↑0.03% 
$63.5M
DOT 
$17.999 
↓3.9% 
$40.8M
LINK 
$24.801 
↓0.16% 
$33.6M
ADA 
$0.3541 
↑2.4% 
$20.9M
USDC 
$0.9999 
↑0.0% 
$15.7M
LTC 
$141.47 
↑2.8% 
$14.7M
AAVE 
$265.44 
↑24% 
$11.6M
UNI 
$12.065 
↑29% 
$9.83M
BCH 
$440.46 
↑2.1% 
$9.61M
XRP 
$0.2735 
↑0.6% 
$8.8M
XLM 
$0.2715 
↑0.7% 
$5.64M
XTZ 
$3.0457 
↓3.3% 
$5.52M
CRV 
$2.2690 
↑6.2% 
$4.74M
SNX 
$17.486 
↑20% 
$4.02M
DAI 
$1.0018 
↓0.04% 
$2.76M
ATOM 
$8.2436 
↓1.1% 
$2.72M
GRT 
$0.5560 
↓5.2% 
$2.64M
QTUM 
$3.5482 
↓10% 
$2.61M
WAVES 
$7.0027 
↑6.1% 
$2.58M
YFI 
$32241. 
↑5.3% 
$2.57M
KSM 
$103.87 
↓3.4% 
$2.46M
ALGO 
$0.5627 
↑1.1% 
$2.44M
EOS 
$2.7156 
↑0.6% 
$2.38M
NANO 
$3.3805 
↑7.0% 
$2.06M
XMR 
$138.19 
↓0.6% 
$1.98M
MANA 
$0.1725 
↓11% 
$1.94M
KAVA 
$2.5600 
↑15% 
$1.74M
COMP 
$250.68 
↑21% 
$1.6M
TRX 
$0.0299 
↑2.4% 
$1.56M
BAT 
$0.3191 
↓2.9% 
$1.52M
ZEC 
$90.190 
↑5.0% 
$1.48M
DASH 
$106.30 
↑1.1% 
$1.24M
OMG 
$3.5937 
↓1.0% 
$1.21M
FIL 
$22.716 
↑0.08% 
$1.12M
MLN 
$39.692 
↓6.0% 
$929K
XDG 
$0.0087 
↑1.7% 
$772K
ICX 
$0.7586 
↑4.2% 
$649K
KEEP 
$0.2999 
↑11% 
$527K
ETC 
$7.6530 
↑2.5% 
$509K
BAL 
$23.125 
↑12% 
$460K
OXT 
$0.2949 
↓1.3% 
$445K
ANT 
$4.2423 
↑9.9% 
$429K
LSK 
$1.3572 
↓1.5% 
$404K
SC 
$0.0046 
↓0.21% 
$369K
KNC 
$1.3842 
↑1.8% 
$364K
REP 
$21.418 
↓0.5% 
$361K
STORJ 
$0.4117 
↑7.0% 
$274K
PAXG 
$1866.1 
↓0.14% 
$187K
GNO 
$120.70 
↑13% 
$170K
REPV2 
$19.763 
↑0.7% 
$43.0K
TBTC 
$33470. 
↓0.6% 
$28.2K



#####################. 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 24 2021)



Figure 2: Mid-size trading assets: (measured in USD) (January 24 2021)



Figure 3: Smallest trading assets: (measured in USD) (January 24 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 24 2021)



.


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

Returns and Volume


Figure 5: Returns of the four highest volume pairs (January 24 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 24 2021)