Overview

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• Total spot trading volume at $4.67, an all-time high, and 131% higher than the 30-day average of $2.02 billion.
• Total futures notional at $1.93 billion, another all-time high.
• The top five traded coins were, respectively, Bitcoin, Ethereum, Tether, Cardano, and Polkadot.
• Besides DAI (+0.8%), all coins posted losses: Bitcoin (-10%) and Ethereum (-14%).

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February 23, 2021   $4.67B traded across all markets today  Crypto, EUR, USD, JPY, CAD, GBP, CHF, AUD
XBT  $48687.  ↓10%  $1808.2M	ETH  $1531.5  ↓14%  $876.7M	USDT  $0.9994  ↓0.13%  $341.1M	ADA  $0.9409  ↓15%  $282.6M	DOT  $32.663  ↓13%  $213.4M
XRP  $0.4689  ↓17%  $152.9M	LTC  $180.83  ↓13%  $97.5M	LINK  $26.033  ↓18%  $93.1M	USDC  $1.0000  ↓0.01%  $73.8M	XLM  $0.3893  ↓16%  $51.2M
BCH  $538.95  ↓15%  $49.7M	XDG  $0.0491  ↓8.7%  $37.9M	ATOM  $18.090  ↓15%  $36.1M	UNI  $22.194  ↓20%  $27.5M	GRT  $1.6538  ↓18%  $25.1M
XTZ  $3.5099  ↓18%  $24.0M	KSM  $246.61  ↓8.7%  $23.9M	EOS  $4.0074  ↓15%  $23.1M	ALGO  $0.9438  ↓18%  $19.0M	AAVE  $330.25  ↓18%  $18.9M
DASH  $228.07  ↓16%  $18.0M	FLOW  $19.431  ↓14%  $16.5M	TRX  $0.0464  ↓15%  $15.4M	XMR  $193.67  ↓14%  $15.1M	DAI  $1.0074  ↑0.8%  $13.8M
ZEC  $123.76  ↓15%  $11.7M	WAVES  $9.2355  ↓13%  $10.3M	FIL  $35.329  ↓10%  $9.9M	SNX  $16.851  ↓20%  $8.98M	OMG  $4.6566  ↓16%  $8.85M
QTUM  $5.3018  ↓17%  $8.67M	YFI  $32753.  ↓17%  $7.5M	BAT  $0.4562  ↓17%  $7.4M	SC  $0.0097  ↓23%  $6.63M	ICX  $1.4570  ↓20%  $6.52M
NANO  $5.0061  ↓21%  $5.96M	ETC  $11.528  ↓18%  $5.01M	OXT  $0.5092  ↓15%  $3.94M	COMP  $367.43  ↓14%  $3.7M	MANA  $0.2200  ↓19%  $3.21M
CRV  $2.1115  ↓18%  $3.04M	KAVA  $3.4044  ↓21%  $2.8M	LSK  $2.6352  ↓22%  $2.19M	KNC  $1.6231  ↓18%  $2.07M	REP  $28.546  ↓15%  $1.94M
PAXG  $1816.7  ↓0.5%  $1.45M	STORJ  $0.5733  ↓22%  $1.41M	BAL  $34.447  ↓16%  $1.13M	ANT  $4.4228  ↓17%  $1.04M	KEEP  $0.3569  ↓11%  $903K
MLN  $39.722  ↓6.2%  $676K	GNO  $128.62  ↓12%  $604K	REPV2  $24.575  ↓23%  $469K	TBTC  $52073.  ↓3.6%  $172K

#####################. 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 (February 23 2021)



Figure 2: Mid-size trading assets: (measured in USD) (February 23 2021)



Figure 3: Smallest trading assets: (measured in USD) (February 23 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 (February 23 2021)



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

Returns and Volume

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Figure 5: Returns of the four highest volume pairs (February 23 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 23 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. (February 23 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.