Overview

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• Total spot trading volume at $1.51 billion, near the 30-day average of $1.69 billion.
• Total futures notional at $445.7 million.
• The top 5 traded coins were, respectively, Bitcoin, Ethereum, Dogecoin, Tether, and Polkadot.
• Super strong returns from Dogecoin (+395%). Also a strong day for Bitcoin (+9.8%), Ethereum (+7.6%), and almost all other coins.

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January 28, 2021   $1513.8M traded across all markets today  Crypto, EUR, USD, JPY, CAD, GBP, CHF, AUD
XBT  $33419.  ↑9.8%  $656.7M	ETH  $1334.0  ↑7.6%  $324.0M	XDG  $0.0367  ↑395%  $194.2M	USDT  $1.0025  ↑0.08%  $160.9M	DOT  $16.918  ↑9.3%  $42.0M
LINK  $23.129  ↑10%  $30.2M	USDC  $0.9999  ↑0.0%  $23.8M	ADA  $0.3457  ↑11%  $23.4M	LTC  $133.66  ↑9.0%  $18.2M	XRP  $0.2650  ↑5.6%  $17.5M
UNI  $14.214  ↓3.3%  $17.5M	XLM  $0.2943  ↑24%  $15.6M	XMR  $135.83  ↑8.3%  $12.4M	NANO  $3.9118  ↑35%  $10.2M	BCH  $406.52  ↑7.5%  $9.34M
AAVE  $297.95  ↑4.3%  $8.57M	XTZ  $3.0349  ↑8.6%  $7.15M	GRT  $0.5617  ↑16%  $6.2M	FLOW  $7.1050  ↑7.8%  $6.1M	ATOM  $8.0901  ↑16%  $5.76M
SC  $0.0056  ↑37%  $4.74M	SNX  $16.962  ↑11%  $4.14M	KSM  $114.52  ↑20%  $4.1M	EOS  $2.7183  ↑8.6%  $3.79M	DASH  $103.10  ↑6.7%  $3.62M
DAI  $1.0009  ↑0.06%  $3.6M	CRV  $2.0714  ↑14%  $3.41M	ALGO  $0.5617  ↑3.8%  $2.75M	YFI  $29798.  ↑7.7%  $2.69M	ETC  $7.6940  ↑12%  $1.58M
COMP  $252.46  ↑15%  $1.55M	ZEC  $87.332  ↑11%  $1.49M	TRX  $0.0297  ↑5.1%  $1.34M	BAT  $0.3072  ↑1.5%  $1.19M	FIL  $21.951  ↑2.4%  $1.12M
QTUM  $3.2868  ↑5.6%  $1.08M	ICX  $0.8241  ↑2.7%  $992K	OMG  $3.3153  ↑6.1%  $950K	WAVES  $6.2926  ↑4.3%  $900K	KAVA  $2.3042  ↑8.4%  $771K
KEEP  $0.2918  ↑2.6%  $724K	MLN  $39.076  ↑16%  $675K	MANA  $0.1589  ↑7.9%  $580K	BAL  $23.180  ↑20%  $531K	KNC  $1.2851  ↑8.7%  $467K
OXT  $0.2838  ↑5.5%  $450K	PAXG  $1855.4  ↑0.23%  $326K	REP  $20.029  ↑3.9%  $222K	ANT  $3.8639  ↑10%  $221K	LSK  $1.3178  ↑7.9%  $193K
GNO  $113.51  ↑5.6%  $167K	STORJ  $0.3967  ↑6.6%  $165K	TBTC  $33627.  ↑5.6%  $124K	REPV2  $19.182  ↑8.4%  $36.6K

#####################. Trading Volume by Asset. ##########################################

Trading Volume by Asset

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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 28 2021)



Figure 2: Mid-size trading assets: (measured in USD) (January 28 2021)



Figure 3: Smallest trading assets: (measured in USD) (January 28 2021)

#####################. Spread %. ##########################################

Spread %

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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 28 2021)



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

Returns and Volume

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Figure 5: Returns of the four highest volume pairs (January 28 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 28 2021)

###########. Daily Returns. #################################################

Daily Returns %

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Figure 7: Returns over USD and XBT. Relative volume and return size is indicated by the size of the font. (January 28 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.