Kraken Daily Market Report for February 06 2021

Overview


  • Total spot trading volume at $1.78 billion, up slightly from the 30-day average of $1.74 billion.
  • Total futures notional at $562.4 million.
  • The top five traded coins were, respectively, Bitcoin, Ethereum, Cardano, Tether, and Dogecoin.
  • Strong returns from Cardano (+17%), Dogecoin (+23%), and Quantum (+14%).

February 06, 2021 
 $1.78B traded across all markets today
 Crypto, EUR, USD, JPY, CAD, GBP, CHF, AUD 
XBT 
$39345. 
↑2.5% 
$869.5M
ETH 
$1681.1 
↓2.5% 
$418.5M
ADA 
$0.6302 
↑17% 
$120.1M
USDT 
$1.0015 
↑0.08% 
$104.9M
XDG 
$0.0578 
↑23% 
$99.2M
DOT 
$20.418 
↓2.2% 
$48.4M
XRP 
$0.4436 
↓2.3% 
$34.9M
LINK 
$25.057 
↓5.2% 
$32.4M
LTC 
$155.90 
↑0.5% 
$30.3M
XLM 
$0.3789 
↑7.3% 
$28.3M
BCH 
$459.17 
↑2.3% 
$21.2M
USDC 
$0.9999 
↑0.0% 
$19.7M
ATOM 
$12.024 
↓1.7% 
$17.2M
AAVE 
$473.36 
↓7.1% 
$16.8M
UNI 
$19.289 
↓9.2% 
$12.7M
XTZ 
$3.1752 
↓9.1% 
$8.37M
ALGO 
$0.8102 
↓3.3% 
$7.74M
SNX 
$20.947 
↓12% 
$7.4M
COMP 
$462.72 
↓13% 
$6.35M
OMG 
$4.8892 
↓5.8% 
$6.1M
GRT 
$0.8660 
↓8.7% 
$5.88M
MANA 
$0.2352 
↑9.6% 
$5.21M
CRV 
$3.1434 
↓4.1% 
$4.46M
EOS 
$3.2152 
↓3.2% 
$4.26M
XMR 
$152.50 
↓2.1% 
$4.06M
SC 
$0.0085 
↓8.7% 
$4.0M
QTUM 
$4.4171 
↑14% 
$3.83M
DAI 
$1.0006 
↑0.01% 
$3.76M
OXT 
$0.4067 
↓9.7% 
$3.73M
FLOW 
$10.403 
↓3.6% 
$3.65M
DASH 
$119.12 
↓1.1% 
$2.94M
KSM 
$113.15 
↓6.8% 
$2.92M
WAVES 
$8.2131 
↓7.6% 
$2.83M
TRX 
$0.0351 
↓3.5% 
$2.69M
ETC 
$8.7874 
↑2.6% 
$2.44M
KNC 
$1.7788 
↓11% 
$2.33M
YFI 
$31632. 
↓3.0% 
$2.09M
NANO 
$3.6576 
↓3.1% 
$2.02M
ZEC 
$94.334 
↓2.4% 
$1.87M
KAVA 
$3.0354 
↓9.5% 
$1.76M
FIL 
$24.295 
↓1.0% 
$1.75M
BAT 
$0.3530 
↓5.4% 
$1.66M
KEEP 
$0.3318 
↓9.9% 
$1.5M
ICX 
$0.8234 
↓1.4% 
$1.17M
BAL 
$35.869 
↓9.3% 
$1.06M
REP 
$22.780 
↓2.3% 
$851K
ANT 
$5.4916 
↓15% 
$821K
LSK 
$1.6253 
↓8.7% 
$566K
GNO 
$138.63 
↓3.8% 
$552K
MLN 
$44.573 
↓6.3% 
$477K
STORJ 
$0.5040 
↓5.9% 
$435K
PAXG 
$1833.5 
↑0.16% 
$324K
REPV2 
$22.024 
↓4.7% 
$159K
TBTC 
$39953. 
↑3.6% 
$147K



#####################. 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 (February 06 2021)



Figure 2: Mid-size trading assets: (measured in USD) (February 06 2021)



Figure 3: Smallest trading assets: (measured in USD) (February 06 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 (February 06 2021)



.


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

Returns and Volume


Figure 5: Returns of the four highest volume pairs (February 06 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 (February 06 2021)