Kraken Daily Market Report for February 23 2021

Overview


  • 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%).

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


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 %


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)



.


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

Returns and Volume


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)