| Market Reports

Kraken Daily Market Report for March 16 2021

Overview


  • Total spot trading volume at $1.65 billion, near the 30-day average of $1.85 billion.
  • Total futures notional at $732.2 million
  • The top five traded coins were, respectively, Bitcoin, Tether, Ethereum, Cardano, and Ripple.
  • Strong returns from Cardano (+18%), Basic Attention Token (+16%), Enzyme Finance (+13%), and Kava (+13%).

March 16, 2021 
 $1.65B traded across all markets today
 Crypto, EUR, USD, JPY, CAD, GBP, CHF, AUD 
XBT 
$55366. 
↓0.3% 
$744.3M
USDT 
$1.0000 
↑0.0% 
$255.0M
ADA 
$1.2147 
↑18% 
$215.8M
ETH 
$1775.9 
↓1.1% 
$181.6M
XRP 
$0.4577 
↑4.7% 
$58.1M
DOT 
$34.577 
↑0.8% 
$49.9M
LTC 
$197.63 
↓1.6% 
$28.9M
USDC 
$1.0000 
↑0.0% 
$20.3M
SC 
$0.0172 
↓9.1% 
$20.3M
MANA 
$0.9365 
↓11% 
$20.0M
BAT 
$0.8877 
↑16% 
$15.3M
LINK 
$27.252 
↓0.9% 
$12.9M
XDG 
$0.0578 
↑1.4% 
$11.6M
ATOM 
$21.305 
↑7.3% 
$10.8M
KSM 
$315.49 
↑1.4% 
$10.2M
FLOW 
$32.801 
↓5.5% 
$9.96M
BCH 
$519.64 
↓0.8% 
$8.3M
FIL 
$59.455 
↑12% 
$8.24M
UNI 
$29.062 
↓2.4% 
$7.6M
XMR 
$221.50 
↓0.5% 
$7.55M
XLM 
$0.3891 
↑1.2% 
$7.44M
ALGO 
$1.1779 
↓1.6% 
$7.4M
KAVA 
$6.1695 
↑13% 
$4.14M
AAVE 
$362.66 
↓1.3% 
$3.96M
OCEAN 
$1.3949 
↓3.3% 
$3.88M
EOS 
$3.9828 
↑4.3% 
$3.55M
XTZ 
$3.9613 
↑3.2% 
$3.54M
ANT 
$6.8015 
↑0.4% 
$3.36M
GRT 
$1.7045 
↓0.6% 
$3.04M
MLN 
$52.343 
↑13% 
$2.99M
CRV 
$2.4364 
↑9.3% 
$2.62M
ICX 
$1.8460 
↓5.4% 
$2.53M
TRX 
$0.0515 
↑1.6% 
$2.43M
EWT 
$14.343 
↑2.7% 
$2.4M
ZEC 
$136.87 
↑1.2% 
$2.19M
DASH 
$219.44 
↓1.0% 
$2.04M
KEEP 
$0.5941 
↓3.8% 
$1.98M
DAI 
$1.0010 
↓0.08% 
$1.8M
YFI 
$33893. 
↓2.1% 
$1.76M
QTUM 
$6.0050 
↑0.7% 
$1.66M
STORJ 
$0.8822 
↓6.8% 
$1.4M
OXT 
$0.5878 
↓5.5% 
$1.33M
NANO 
$4.8707 
↓1.1% 
$1.27M
SNX 
$18.432 
↓2.7% 
$1.23M
BAL 
$53.649 
↓3.0% 
$1.14M
PAXG 
$1736.4 
↓0.0% 
$1.09M
KNC 
$2.1330 
↑3.5% 
$904K
COMP 
$429.67 
↓0.7% 
$777K
WAVES 
$9.7109 
↑1.2% 
$760K
OMG 
$5.0209 
↓0.26% 
$732K
LSK 
$3.2251 
↓1.6% 
$655K
ETC 
$12.235 
↑0.7% 
$625K
REPV2 
$29.269 
↑1.1% 
$379K
GNO 
$151.41 
↑2.0% 
$257K
REP 
$29.630 
↓1.0% 
$252K
TBTC 
$56337. 
↓5.8% 
$41.2K

Overview


  • Total spot trading volume at $1.65 billion, near the 30-day average of $1.85 billion.
  • Total futures notional at $732.2 million
  • The top five traded coins were, respectively, Bitcoin, Tether, Ethereum, Cardano, and Ripple.
  • Strong returns from Cardano (+18%), Basic Attention Token (+16%), Enzyme Finance (+13%), and Kava (+13%).

March 16, 2021 
 $1.65B traded across all markets today
 Crypto, EUR, USD, JPY, CAD, GBP, CHF, AUD 
XBT 
$55366. 
↓0.3% 
$744.3M
USDT 
$1.0000 
↑0.0% 
$255.0M
ADA 
$1.2147 
↑18% 
$215.8M
ETH 
$1775.9 
↓1.1% 
$181.6M
XRP 
$0.4577 
↑4.7% 
$58.1M
DOT 
$34.577 
↑0.8% 
$49.9M
LTC 
$197.63 
↓1.6% 
$28.9M
USDC 
$1.0000 
↑0.0% 
$20.3M
SC 
$0.0172 
↓9.1% 
$20.3M
MANA 
$0.9365 
↓11% 
$20.0M
BAT 
$0.8877 
↑16% 
$15.3M
LINK 
$27.252 
↓0.9% 
$12.9M
XDG 
$0.0578 
↑1.4% 
$11.6M
ATOM 
$21.305 
↑7.3% 
$10.8M
KSM 
$315.49 
↑1.4% 
$10.2M
FLOW 
$32.801 
↓5.5% 
$9.96M
BCH 
$519.64 
↓0.8% 
$8.3M
FIL 
$59.455 
↑12% 
$8.24M
UNI 
$29.062 
↓2.4% 
$7.6M
XMR 
$221.50 
↓0.5% 
$7.55M
XLM 
$0.3891 
↑1.2% 
$7.44M
ALGO 
$1.1779 
↓1.6% 
$7.4M
KAVA 
$6.1695 
↑13% 
$4.14M
AAVE 
$362.66 
↓1.3% 
$3.96M
OCEAN 
$1.3949 
↓3.3% 
$3.88M
EOS 
$3.9828 
↑4.3% 
$3.55M
XTZ 
$3.9613 
↑3.2% 
$3.54M
ANT 
$6.8015 
↑0.4% 
$3.36M
GRT 
$1.7045 
↓0.6% 
$3.04M
MLN 
$52.343 
↑13% 
$2.99M
CRV 
$2.4364 
↑9.3% 
$2.62M
ICX 
$1.8460 
↓5.4% 
$2.53M
TRX 
$0.0515 
↑1.6% 
$2.43M
EWT 
$14.343 
↑2.7% 
$2.4M
ZEC 
$136.87 
↑1.2% 
$2.19M
DASH 
$219.44 
↓1.0% 
$2.04M
KEEP 
$0.5941 
↓3.8% 
$1.98M
DAI 
$1.0010 
↓0.08% 
$1.8M
YFI 
$33893. 
↓2.1% 
$1.76M
QTUM 
$6.0050 
↑0.7% 
$1.66M
STORJ 
$0.8822 
↓6.8% 
$1.4M
OXT 
$0.5878 
↓5.5% 
$1.33M
NANO 
$4.8707 
↓1.1% 
$1.27M
SNX 
$18.432 
↓2.7% 
$1.23M
BAL 
$53.649 
↓3.0% 
$1.14M
PAXG 
$1736.4 
↓0.0% 
$1.09M
KNC 
$2.1330 
↑3.5% 
$904K
COMP 
$429.67 
↓0.7% 
$777K
WAVES 
$9.7109 
↑1.2% 
$760K
OMG 
$5.0209 
↓0.26% 
$732K
LSK 
$3.2251 
↓1.6% 
$655K
ETC 
$12.235 
↑0.7% 
$625K
REPV2 
$29.269 
↑1.1% 
$379K
GNO 
$151.41 
↑2.0% 
$257K
REP 
$29.630 
↓1.0% 
$252K
TBTC 
$56337. 
↓5.8% 
$41.2K



#####################. 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 16 2021)



Figure 2: Mid-size trading assets: (measured in USD) (March 16 2021)



Figure 3: Smallest trading assets: (measured in USD) (March 16 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 16 2021)



.


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

Returns and Volume


Figure 5: Returns of the four highest volume pairs (March 16 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 16 2021)



###########. Daily Returns. #################################################

Daily Returns %


Figure 7: Returns over USD and XBT. Relative volume and return size is indicated by the size of the font. (March 16 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.