| Market Reports

Kraken Daily Market Report for January 29 2021

Overview


  • Total spot trading volume at $3.11 billion, 77% higher than the 30-day average of $1.76 billion.
  • Two and a half times more Doge traded in the last 48 hours than the previous six months combined.
  • Total futures notional at $1.21 billion.
  • The top 5 traded coins were, respectively, Bitcoin, Dogecoin, Ethereum, Tether, and Stellar.
  • Strong returns from Dogecoin (+29%), Siacoin (+32%), and Compound (+17%).

January 29, 2021 
 $3.11B traded across all markets today
 Crypto, EUR, USD, JPY, CAD, GBP, CHF, AUD 
XBT 
$34339. 
↑2.6% 
$1437.9M
XDG 
$0.0467 
↑29% 
$478.1M
ETH 
$1380.3 
↑3.6% 
$431.1M
USDT 
$1.0004 
↓0.22% 
$192.8M
XLM 
$0.2953 
↓0.12% 
$49.7M
XRP 
$0.2831 
↑6.9% 
$45.3M
DOT 
$16.821 
↓0.5% 
$45.1M
LTC 
$134.83 
↑0.9% 
$39.3M
USDC 
$0.9998 
↓0.01% 
$34.2M
BCH 
$407.56 
↑0.4% 
$25.4M
LINK 
$22.752 
↓1.4% 
$24.1M
ADA 
$0.3477 
↑0.7% 
$22.6M
SC 
$0.0075 
↑32% 
$9.75M
UNI 
$15.738 
↑11% 
$8.93M
TRX 
$0.0333 
↑12% 
$8.92M
XMR 
$140.40 
↑3.4% 
$8.1M
GRT 
$0.5538 
↓0.6% 
$7.83M
ALGO 
$0.6393 
↑14% 
$5.82M
NANO 
$3.8748 
↓1.1% 
$5.78M
AAVE 
$287.67 
↓3.7% 
$4.67M
EOS 
$2.7276 
↑0.4% 
$4.62M
XTZ 
$2.9127 
↓2.9% 
$4.45M
OMG 
$3.5121 
↑6.0% 
$3.94M
YFI 
$30013. 
↑1.0% 
$3.92M
DAI 
$0.9999 
↓0.1% 
$3.74M
ATOM 
$7.9833 
↓0.9% 
$2.76M
FLOW 
$6.3654 
↓10% 
$2.66M
CRV 
$2.0449 
↓1.8% 
$2.1M
SNX 
$17.071 
↑0.5% 
$2.09M
FIL 
$22.296 
↑1.6% 
$2.04M
DASH 
$104.61 
↑1.5% 
$1.82M
QTUM 
$3.3152 
↑0.9% 
$1.77M
KSM 
$106.93 
↓6.0% 
$1.73M
ZEC 
$85.700 
↓1.5% 
$1.7M
WAVES 
$6.4934 
↑3.2% 
$1.49M
BAT 
$0.3094 
↑0.9% 
$1.33M
COMP 
$294.77 
↑17% 
$1.28M
ETC 
$7.6237 
↓0.9% 
$1.27M
OXT 
$0.2855 
↑0.7% 
$1.04M
ICX 
$0.8050 
↓2.2% 
$1.0M
BAL 
$26.075 
↑13% 
$652K
PAXG 
$1873.8 
↑1.0% 
$555K
KAVA 
$2.2545 
↓1.8% 
$487K
MLN 
$37.595 
↓3.8% 
$392K
KEEP 
$0.2846 
↓2.6% 
$363K
MANA 
$0.1548 
↓2.5% 
$335K
GNO 
$113.43 
↓0.07% 
$297K
STORJ 
$0.4338 
↑9.7% 
$273K
LSK 
$1.3218 
↑0.12% 
$271K
KNC 
$1.2611 
↓1.7% 
$260K
REP 
$19.880 
↓0.9% 
$139K
ANT 
$3.7516 
↓2.9% 
$131K
TBTC 
$35817. 
↑6.5% 
$108K
REPV2 
$19.201 
↑0.1% 
$60.4K

Overview


  • Total spot trading volume at $3.11 billion, 77% higher than the 30-day average of $1.76 billion.
  • Two and a half times more Doge traded in the last 48 hours than the previous six months combined.
  • Total futures notional at $1.21 billion.
  • The top 5 traded coins were, respectively, Bitcoin, Dogecoin, Ethereum, Tether, and Stellar.
  • Strong returns from Dogecoin (+29%), Siacoin (+32%), and Compound (+17%).

January 29, 2021 
 $3.11B traded across all markets today
 Crypto, EUR, USD, JPY, CAD, GBP, CHF, AUD 
XBT 
$34339. 
↑2.6% 
$1437.9M
XDG 
$0.0467 
↑29% 
$478.1M
ETH 
$1380.3 
↑3.6% 
$431.1M
USDT 
$1.0004 
↓0.22% 
$192.8M
XLM 
$0.2953 
↓0.12% 
$49.7M
XRP 
$0.2831 
↑6.9% 
$45.3M
DOT 
$16.821 
↓0.5% 
$45.1M
LTC 
$134.83 
↑0.9% 
$39.3M
USDC 
$0.9998 
↓0.01% 
$34.2M
BCH 
$407.56 
↑0.4% 
$25.4M
LINK 
$22.752 
↓1.4% 
$24.1M
ADA 
$0.3477 
↑0.7% 
$22.6M
SC 
$0.0075 
↑32% 
$9.75M
UNI 
$15.738 
↑11% 
$8.93M
TRX 
$0.0333 
↑12% 
$8.92M
XMR 
$140.40 
↑3.4% 
$8.1M
GRT 
$0.5538 
↓0.6% 
$7.83M
ALGO 
$0.6393 
↑14% 
$5.82M
NANO 
$3.8748 
↓1.1% 
$5.78M
AAVE 
$287.67 
↓3.7% 
$4.67M
EOS 
$2.7276 
↑0.4% 
$4.62M
XTZ 
$2.9127 
↓2.9% 
$4.45M
OMG 
$3.5121 
↑6.0% 
$3.94M
YFI 
$30013. 
↑1.0% 
$3.92M
DAI 
$0.9999 
↓0.1% 
$3.74M
ATOM 
$7.9833 
↓0.9% 
$2.76M
FLOW 
$6.3654 
↓10% 
$2.66M
CRV 
$2.0449 
↓1.8% 
$2.1M
SNX 
$17.071 
↑0.5% 
$2.09M
FIL 
$22.296 
↑1.6% 
$2.04M
DASH 
$104.61 
↑1.5% 
$1.82M
QTUM 
$3.3152 
↑0.9% 
$1.77M
KSM 
$106.93 
↓6.0% 
$1.73M
ZEC 
$85.700 
↓1.5% 
$1.7M
WAVES 
$6.4934 
↑3.2% 
$1.49M
BAT 
$0.3094 
↑0.9% 
$1.33M
COMP 
$294.77 
↑17% 
$1.28M
ETC 
$7.6237 
↓0.9% 
$1.27M
OXT 
$0.2855 
↑0.7% 
$1.04M
ICX 
$0.8050 
↓2.2% 
$1.0M
BAL 
$26.075 
↑13% 
$652K
PAXG 
$1873.8 
↑1.0% 
$555K
KAVA 
$2.2545 
↓1.8% 
$487K
MLN 
$37.595 
↓3.8% 
$392K
KEEP 
$0.2846 
↓2.6% 
$363K
MANA 
$0.1548 
↓2.5% 
$335K
GNO 
$113.43 
↓0.07% 
$297K
STORJ 
$0.4338 
↑9.7% 
$273K
LSK 
$1.3218 
↑0.12% 
$271K
KNC 
$1.2611 
↓1.7% 
$260K
REP 
$19.880 
↓0.9% 
$139K
ANT 
$3.7516 
↓2.9% 
$131K
TBTC 
$35817. 
↑6.5% 
$108K
REPV2 
$19.201 
↑0.1% 
$60.4K



#####################. 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 29 2021)



Figure 2: Mid-size trading assets: (measured in USD) (January 29 2021)



Figure 3: Smallest trading assets: (measured in USD) (January 29 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 29 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 29 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.