Kraken Daily Market Report for January 25 2021

Overview


  • Total spot trading volume at $1.6 billion, close to the 30-day average of $1.65 billion.
  • Total futures notional at $612.2 million.
  • The top 5 traded coins were, respectively, Bitcoin, Ethereum, Tether, Polkadot, and Chainlink.
  • While most coins were down, strong returns from Keep (+9.0%) and Icon (+7.2%).

January 25, 2021 
 $1603.8M traded across all markets today
 Crypto, EUR, USD, JPY, CAD, GBP, CHF, AUD 
XBT 
$32302. 
↑0.07% 
$653.4M
ETH 
$1320.8 
↓5.2% 
$642.8M
USDT 
$1.0000 
↓0.1% 
$149.4M
DOT 
$17.241 
↓4.2% 
$54.6M
LINK 
$23.501 
↓5.4% 
$38.6M
USDC 
$0.9999 
↑0.0% 
$27.8M
ADA 
$0.3436 
↓3.0% 
$21.2M
LTC 
$137.24 
↓2.7% 
$17.4M
XRP 
$0.2678 
↓2.1% 
$14.4M
UNI 
$11.352 
↓5.6% 
$10.4M
BCH 
$433.22 
↓1.5% 
$9.21M
AAVE 
$249.26 
↓6.7% 
$8.07M
XTZ 
$2.9227 
↓4.0% 
$5.88M
XLM 
$0.2614 
↓3.7% 
$5.26M
SNX 
$15.519 
↓12% 
$4.88M
ALGO 
$0.5579 
↓0.9% 
$4.48M
XMR 
$137.44 
↓0.5% 
$4.18M
CRV 
$2.0099 
↓11% 
$3.4M
ICX 
$0.8134 
↑7.2% 
$3.17M
TRX 
$0.0295 
↓1.6% 
$3.07M
YFI 
$29369. 
↓8.9% 
$2.95M
DAI 
$1.0001 
↓0.18% 
$2.9M
GRT 
$0.5304 
↓4.5% 
$2.85M
FIL 
$22.429 
↓1.2% 
$2.51M
ZEC 
$88.030 
↓2.3% 
$2.32M
KSM 
$99.319 
↓4.5% 
$2.24M
COMP 
$213.27 
↓15% 
$2.2M
ATOM 
$7.7592 
↓6.0% 
$2.11M
EOS 
$2.6516 
↓2.4% 
$2.03M
WAVES 
$6.7022 
↓4.3% 
$1.72M
NANO 
$3.1847 
↓5.7% 
$1.65M
BAT 
$0.3018 
↓5.4% 
$1.6M
OMG 
$3.5432 
↓1.3% 
$1.54M
DASH 
$105.09 
↓1.1% 
$1.54M
KAVA 
$2.3747 
↓8.2% 
$1.39M
KEEP 
$0.3268 
↑9.0% 
$1.28M
QTUM 
$3.2947 
↓7.4% 
$1.26M
OXT 
$0.2944 
↓0.27% 
$1.21M
MANA 
$0.1633 
↓4.9% 
$999K
ETC 
$7.4950 
↓2.1% 
$810K
XDG 
$0.0083 
↓4.3% 
$647K
SC 
$0.0045 
↓3.1% 
$527K
KNC 
$1.3233 
↓4.4% 
$516K
MLN 
$38.473 
↓3.3% 
$463K
GNO 
$115.57 
↓4.3% 
$450K
BAL 
$21.029 
↓8.8% 
$405K
LSK 
$1.3277 
↓2.2% 
$306K
PAXG 
$1863.2 
↓0.16% 
$284K
REP 
$20.570 
↓4.0% 
$247K
ANT 
$3.8759 
↓9.7% 
$231K
STORJ 
$0.3888 
↓5.5% 
$117K
REPV2 
$19.286 
↓2.4% 
$48.1K
TBTC 
$34102. 
↑1.9% 
$46.9K



#####################. 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 25 2021)



Figure 2: Mid-size trading assets: (measured in USD) (January 25 2021)



Figure 3: Smallest trading assets: (measured in USD) (January 25 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 25 2021)



.


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

Returns and Volume


Figure 5: Returns of the four highest volume pairs (January 25 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 25 2021)