Kraken Daily Market Report for January 16 2021


Overview


  • Total spot trading volume at $1.61 billion, 12% higher than the 30-day average of $1.44 billion.
  • Total futures notional at $322.1 million.
  • The top 5 traded coins were, respectively, Bitcoin, Ethereum, Polkadot, Tether, and Chainlink.
  • Strong returns today from Polkadot (+34%), The Graph (26%), Kusama (+15%), and Cardano (+14%).

January 16, 2021 
 $1609.0M traded across all markets today
 Crypto, EUR, USD, JPY, CAD, GBP, CHF, AUD 
XBT 
$36012. 
↓2.1% 
$647.3M
ETH 
$1229.0 
↑5.0% 
$412.7M
DOT 
$17.679 
↑34% 
$200.3M
USDT 
$1.0005 
↑0.05% 
$102.0M
LINK 
$20.392 
↓2.6% 
$74.5M
ADA 
$0.3459 
↑14% 
$54.9M
USDC 
$0.9999 
↑0.0% 
$33.2M
XRP 
$0.2792 
↓0.5% 
$22.6M
LTC 
$143.74 
↑0.02% 
$19.2M
XTZ 
$2.8853 
↑6.7% 
$18.1M
XLM 
$0.2927 
↑3.0% 
$13.8M
BCH 
$489.36 
↓0.5% 
$11.5M
ATOM 
$8.8029 
↑12% 
$10.2M
GRT 
$0.4254 
↑26% 
$8.86M
YFI 
$33583. 
↑11% 
$7.16M
UNI 
$8.3524 
↑13% 
$5.94M
FIL 
$22.461 
↑4.4% 
$5.71M
DAI 
$0.9997 
↓0.07% 
$5.47M
KSM 
$96.427 
↑15% 
$5.37M
NANO 
$3.4074 
↑7.4% 
$5.34M
ALGO 
$0.5076 
↑4.0% 
$5.29M
AAVE 
$181.61 
↑8.7% 
$5.02M
SNX 
$15.701 
↑3.4% 
$4.74M
XMR 
$155.40 
↓1.0% 
$3.76M
EOS 
$2.7779 
↑0.5% 
$3.7M
CRV 
$1.0964 
↓5.1% 
$3.45M
BAT 
$0.2653 
↑1.0% 
$3.19M
OMG 
$3.6101 
↑0.22% 
$3.06M
WAVES 
$6.5339 
↑2.5% 
$2.98M
TRX 
$0.0301 
↑1.5% 
$2.84M
ZEC 
$110.92 
↑7.3% 
$2.8M
XDG 
$0.0092 
↓1.1% 
$2.77M
KAVA 
$2.0983 
↑4.8% 
$2.56M
DASH 
$125.71 
↑1.0% 
$2.54M
OXT 
$0.2742 
↑4.5% 
$1.4M
ICX 
$0.6538 
↑6.6% 
$1.29M
QTUM 
$3.0259 
↑2.6% 
$1.15M
MLN 
$40.103 
↑12% 
$861K
KNC 
$1.2177 
↓1.9% 
$736K
ETC 
$7.8180 
↑3.2% 
$655K
COMP 
$207.50 
↑2.2% 
$648K
SC 
$0.0046 
↑1.3% 
$629K
BAL 
$19.299 
↑8.2% 
$548K
KEEP 
$0.2405 
↑8.9% 
$504K
STORJ 
$0.3778 
↑5.1% 
$423K
PAXG 
$1848.2 
↑0.4% 
$371K
LSK 
$1.3662 
↑5.1% 
$319K
REP 
$19.980 
↑3.3% 
$278K
MANA 
$0.1078 
↑1.5% 
$254K
GNO 
$115.14 
↑6.7% 
$208K
ANT 
$3.5049 
↑5.9% 
$174K
REPV2 
$19.847 
↑5.3% 
$43.6K
TBTC 
$37798. 
↓0.31% 
$25.5K



#####################. 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 (January 16 2021)



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



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



.


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

Returns and Volume


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