Kraken Daily Market Report for March 06 2021

Overview


  • Total spot trading volume at $885.1 million, down from the 30-day average of $2.04 billion.
  • Total futures notional at $352.3 million.
  • The top five traded coins were, respectively, Bitcoin, Ethereum, Tether, Cardano, and Polkadot.
  • Strong returns from Ocean (+27%), Balancer (+17%), and Keep (+13%).

March 06, 2021 
 $885.1M traded across all markets today
 Crypto, EUR, USD, JPY, CAD, GBP, CHF, AUD 
XBT 
$48929. 
↑0.17% 
$357.9M
ETH 
$1653.5 
↑8.0% 
$248.8M
USDT 
$1.0005 
↑0.01% 
$104.0M
ADA 
$1.1311 
↓2.9% 
$83.0M
DOT 
$33.443 
↓0.7% 
$34.3M
FLOW 
$34.701 
↓0.8% 
$17.4M
LTC 
$182.90 
↑1.3% 
$15.6M
LINK 
$28.164 
↑1.0% 
$14.6M
XRP 
$0.4631 
↑1.7% 
$13.6M
USDC 
$1.0 
↓0.01% 
$12.4M
XDG 
$0.0509 
↑2.7% 
$8.74M
OCEAN 
$1.3938 
↑27% 
$6.68M
XTZ 
$3.8729 
↑2.6% 
$5.43M
ATOM 
$18.951 
↑1.3% 
$5.04M
UNI 
$28.5 
↑0.6% 
$4.91M
BCH 
$500.79 
↑0.5% 
$4.36M
XMR 
$204.72 
↓0.6% 
$4.23M
AAVE 
$388.58 
↑5.6% 
$3.43M
XLM 
$0.4021 
↓0.9% 
$3.38M
GRT 
$1.7973 
↓1.8% 
$3.14M
OMG 
$5.0654 
↑9.7% 
$2.63M
KSM 
$229.84 
↑0.7% 
$2.62M
FIL 
$40.438 
↓0.04% 
$2.58M
QTUM 
$6.3372 
↓3.9% 
$2.58M
ALGO 
$1.0552 
↓0.12% 
$2.39M
YFI 
$34015. 
↑6.3% 
$1.73M
MANA 
$0.3594 
↓4.2% 
$1.6M
DAI 
$1.0008 
↓0.03% 
$1.59M
TRX 
$0.0502 
↓0.05% 
$1.57M
EOS 
$3.7264 
↑0.7% 
$1.46M
SC 
$0.0106 
↑1.1% 
$1.39M
COMP 
$491.98 
↑3.2% 
$1.33M
BAT 
$0.6642 
↓2.5% 
$1.3M
ICX 
$1.8370 
↓2.0% 
$1.27M
CRV 
$2.0505 
↓0.29% 
$1.16M
ZEC 
$125.28 
↑3.2% 
$1.03M
KEEP 
$0.3903 
↑13% 
$924K
EWT 
$15.400 
↓3.0% 
$876K
WAVES 
$9.9996 
↑0.7% 
$874K
KNC 
$2.0564 
↓3.0% 
$869K
NANO 
$5.1355 
↓0.11% 
$856K
DASH 
$208.81 
↑1.4% 
$849K
SNX 
$21.255 
↑2.3% 
$842K
KAVA 
$3.8348 
↓0.6% 
$773K
MLN 
$41.894 
↑7.9% 
$650K
LSK 
$3.2082 
↑3.8% 
$604K
ETC 
$11.114 
↑1.2% 
$516K
BAL 
$42.655 
↑17% 
$497K
GNO 
$136.55 
↑7.6% 
$477K
OXT 
$0.4715 
↑0.4% 
$382K
PAXG 
$1717.1 
↑0.5% 
$351K
REP 
$31.072 
↑1.9% 
$301K
ANT 
$5.0315 
↓0.7% 
$250K
STORJ 
$0.6829 
↑4.3% 
$206K
TBTC 
$50639. 
↑2.3% 
$112K
REPV2 
$30.746 
↑2.5% 
$80.2K



#####################. 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 (March 06 2021)



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



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



.


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

Returns and Volume


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