Overview

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• Total spot trading volume at $1.26 billion, down from the 30-day average of $1.79 billion.
• Total futures notional at $375.0 million.
• The top 5 traded coins were, respectively, Bitcoin, Ripple, Ethereum, Dogecoin, and Tether.
• Strong returns from The Graph (+25%), Dogecoin (+32%), and Siacoin (+13%).

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January 31, 2021   $1260.4M traded across all markets today  Crypto, EUR, USD, JPY, CAD, GBP, CHF, AUD
XBT  $33117.  ↓3.4%  $403.8M	XRP  $0.4951  ↑12%  $242.8M	ETH  $1314.8  ↓4.7%  $192.9M	XDG  $0.0371  ↑32%  $164.5M	USDT  $1.0007  ↓0.03%  $88.0M
DOT  $16.128  ↓2.5%  $34.6M	ADA  $0.3455  ↓5.0%  $21.5M	XLM  $0.3066  ↓6.1%  $20.0M	UNI  $17.642  ↓10.0%  $19.4M	LINK  $22.610  ↓4.7%  $16.2M
FLOW  $9.7484  ↑8.4%  $15.3M	GRT  $0.7965  ↑25%  $15.3M	USDC  $0.9998  ↓0.01%  $14.4M	LTC  $129.54  ↓2.8%  $13.8M	BCH  $399.99  ↓3.9%  $8.37M
SC  $0.0074  ↑13%  $8.05M	ALGO  $0.6527  ↓2.0%  $5.72M	AAVE  $300.18  ↓4.7%  $5.59M	EOS  $2.9197  ↓0.4%  $5.49M	CRV  $2.5285  ↓0.6%  $5.27M
TRX  $0.0316  ↓1.6%  $4.58M	SNX  $17.275  ↓3.6%  $4.57M	ATOM  $8.1475  ↑1.1%  $4.24M	XMR  $137.87  ↓1.2%  $3.73M	XTZ  $2.8414  ↓2.0%  $3.44M
COMP  $348.14  ↑3.0%  $3.19M	DAI  $0.9999  ↓0.04%  $3.11M	OMG  $3.5240  ↑1.1%  $2.3M	OXT  $0.3073  ↑3.0%  $2.23M	NANO  $3.4381  ↓4.8%  $2.17M
YFI  $30158.  ↓3.5%  $2.09M	QTUM  $3.2815  ↓0.6%  $2.07M	WAVES  $6.5439  ↓3.2%  $1.71M	KSM  $97.770  ↓3.4%  $1.27M	ICX  $0.7217  ↓5.6%  $998K
BAT  $0.3023  ↓4.6%  $787K	DASH  $102.44  ↓2.5%  $762K	FIL  $22.262  ↑1.1%  $757K	KEEP  $0.2615  ↓5.2%  $744K	ZEC  $85.639  ↑1.4%  $734K
ETC  $7.4060  ↓2.2%  $601K	KAVA  $2.2255  ↓5.9%  $588K	KNC  $1.2933  ↓6.4%  $490K	MANA  $0.1541  ↓2.0%  $472K	ANT  $4.1823  ↑4.5%  $400K
BAL  $26.5  ↓6.8%  $388K	STORJ  $0.4292  ↓0.6%  $374K	MLN  $35.861  ↓8.7%  $352K	REP  $20.277  ↓1.3%  $345K	PAXG  $1881.5  ↑0.5%  $295K
LSK  $1.3196  ↓0.22%  $265K	GNO  $110.69  ↓3.4%  $143K	REPV2  $18.280  ↓1.9%  $121K	TBTC  $34318.  ↓2.2%  $35.5K

#####################. 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 31 2021)



Figure 2: Mid-size trading assets: (measured in USD) (January 31 2021)



Figure 3: Smallest trading assets: (measured in USD) (January 31 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 31 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 31 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 31 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 31 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.