Kraken Daily Market Report for May 06 2021

Overview


  • Total spot trading volume at $3.81 billion, 52% higher than the 30-day average of $2.51 billion.
  • Total futures notional at $1.05 billion
  • The top five traded coins were, respectively, Bitcoin, Ethereum, Tether, Dogecoin, and Ethereum Classic.
  • Good returns from Kava (+6.3%), Curve Dao (+5.4%), and Quantum (+5.3%).

May 06, 2021 
 $3.81B traded across all markets today
 Crypto, EUR, USD, JPY, CAD, GBP, CHF, AUD 
XBT 
$57142. 
↓0.7% 
$734.5M
ETH 
$3454.9 
↓2.1% 
$725.0M
USDT 
$1.0012 
↑0.02% 
$457.9M
XDG 
$0.6140 
↓6.9% 
$419.0M
ETC 
$93.080 
↓2.5% 
$361.9M
ADA 
$1.4985 
↑1.2% 
$268.3M
XRP 
$1.6574 
↑2.1% 
$207.4M
LTC 
$339.80 
↓4.7% 
$126.1M
DOT 
$39.198 
↓3.3% 
$125.8M
BCH 
$1326.1 
↓9.3% 
$120.3M
EOS 
$9.1297 
↑3.7% 
$111.8M
XLM 
$0.6178 
↑1.9% 
$56.7M
USDC 
$0.9999 
↑0.01% 
$56.0M
LINK 
$47.659 
↓4.0% 
$48.7M
TRX 
$0.1417 
↓3.5% 
$44.4M
SC 
$0.0418 
↑1.6% 
$31.1M
XTZ 
$6.7475 
↑2.0% 
$28.4M
FLOW 
$31.602 
↓5.2% 
$26.0M
DASH 
$389.25 
↓1.8% 
$22.3M
QTUM 
$18.730 
↑5.3% 
$21.1M
ATOM 
$25.089 
↑1.0% 
$17.1M
FIL 
$158.07 
↑3.5% 
$16.6M
WAVES 
$34.305 
↓4.8% 
$15.8M
XMR 
$414.33 
↓0.9% 
$15.6M
OMG 
$9.9267 
↑0.06% 
$15.5M
UNI 
$41.821 
↓1.5% 
$13.9M
ZEC 
$283.04 
↓3.2% 
$13.6M
ALGO 
$1.4879 
↑3.3% 
$11.4M
KSM 
$421.16 
↓1.9% 
$10.5M
NANO 
$9.7240 
↑0.6% 
$9.65M
MANA 
$1.4465 
↑1.9% 
$6.51M
KAVA 
$6.6137 
↑6.3% 
$6.45M
AAVE 
$462.77 
↓3.9% 
$5.84M
DAI 
$1.0012 
↑0.01% 
$4.86M
BAT 
$1.3658 
↑0.02% 
$4.57M
LSK 
$6.3463 
↑2.6% 
$4.31M
OCEAN 
$1.3764 
↓0.7% 
$4.2M
GRT 
$1.5460 
↑0.5% 
$4.18M
CRV 
$3.2590 
↑5.4% 
$3.9M
ICX 
$2.4198 
↑1.5% 
$3.49M
SNX 
$17.415 
↓1.7% 
$3.3M
OXT 
$0.6690 
↑1.6% 
$3.27M
STORJ 
$1.9800 
↓0.5% 
$3.1M
YFI 
$54129. 
↓1.1% 
$3.0M
REP 
$47.300 
↑0.5% 
$2.74M
KEEP 
$0.6284 
↓1.6% 
$2.31M
KNC 
$3.2068 
↓2.3% 
$2.23M
REPV2 
$47.874 
↑1.9% 
$2.14M
COMP 
$756.81 
↓4.0% 
$1.75M
ANT 
$9.2603 
↓0.8% 
$1.66M
EWT 
$14.459 
↑0.23% 
$1.38M
PAXG 
$1799.3 
↑0.31% 
$1.32M
BAL 
$66.969 
↓2.8% 
$1.27M
MLN 
$119.12 
↓1.9% 
$859K
GNO 
$252.74 
↓0.6% 
$399K
TBTC 
$58291. 
↑0.5% 
$45.1K



#####################. 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 (May 07 2021)



Figure 2: Mid-size trading assets: (measured in USD) (May 07 2021)



Figure 3: Smallest trading assets: (measured in USD) (May 07 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 (May 07 2021)



.


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

Returns and Volume


Figure 5: Returns of the four highest volume pairs (May 07 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 (May 07 2021)