Kraken Daily Market Report for January 22 2021


Overview


  • Total spot trading volume at $1.9 billion, 18% higher than the 30-day average of $1.61 billion.
  • Total futures notional at $874.3 million.
  • The top 5 traded coins were, respectively, Bitcoin, Ethereum, Tether, Polkadot, and Cardano.
  • Bitcoin dropped early, but closed +7.6%. Almost all coins had positive gains, including Ethereum +11%, Basic Attention Token +29%, and Mana +35%.

January 22, 2021 
 $1902.8M traded across all markets today
 Crypto, EUR, USD, JPY, CAD, GBP, CHF, AUD 
XBT 
$33066. 
↑7.6% 
$942.4M
ETH 
$1238.5 
↑11% 
$477.7M
USDT 
$1.0008 
↑0.16% 
$191.6M
DOT 
$17.208 
↑8.2% 
$71.9M
ADA 
$0.3504 
↑15% 
$43.5M
LINK 
$21.673 
↑18% 
$42.1M
USDC 
$0.9999 
↑0.0% 
$33.8M
LTC 
$138.08 
↑6.7% 
$31.2M
XRP 
$0.2734 
↑2.0% 
$30.2M
XLM 
$0.2713 
↑8.0% 
$12.0M
BCH 
$442.24 
↑5.8% 
$11.7M
XTZ 
$2.9301 
↑19% 
$11.1M
FIL 
$22.312 
↑4.9% 
$9.14M
BAT 
$0.3151 
↑29% 
$6.01M
CRV 
$1.9714 
↑17% 
$5.88M
GRT 
$0.5132 
↑18% 
$5.88M
DAI 
$1.0010 
↑0.05% 
$4.8M
XMR 
$136.27 
↑4.5% 
$4.66M
ATOM 
$8.0342 
↑12% 
$4.61M
YFI 
$30902. 
↑11% 
$4.2M
AAVE 
$191.08 
↑19% 
$4.14M
EOS 
$2.6281 
↑3.4% 
$3.74M
UNI 
$8.7294 
↑15% 
$3.39M
KSM 
$104.36 
↑12% 
$3.09M
DASH 
$105.16 
↑5.4% 
$3.07M
SNX 
$14.293 
↑16% 
$2.89M
ALGO 
$0.5113 
↑11% 
$2.84M
MANA 
$0.1591 
↑35% 
$2.5M
WAVES 
$6.4166 
↑7.4% 
$2.4M
NANO 
$3.1765 
↑8.8% 
$2.37M
ZEC 
$87.254 
↑5.3% 
$2.22M
TRX 
$0.0286 
↑3.9% 
$1.72M
XDG 
$0.0085 
↑4.9% 
$1.68M
OMG 
$3.3686 
↑5.4% 
$1.53M
KAVA 
$2.1509 
↑7.4% 
$1.5M
ICX 
$0.7122 
↑2.0% 
$1.29M
KNC 
$1.3653 
↑1.3% 
$1.27M
QTUM 
$2.9308 
↑7.0% 
$1.23M
MLN 
$45.934 
↑0.3% 
$1.21M
OXT 
$0.2868 
↑6.5% 
$1.02M
ETC 
$7.4535 
↑4.6% 
$1.01M
COMP 
$200.21 
↑14% 
$999K
REP 
$21.441 
↑5.1% 
$939K
PAXG 
$1862.9 
↓1.4% 
$912K
KEEP 
$0.2839 
↑1.2% 
$770K
SC 
$0.0045 
↑3.9% 
$736K
BAL 
$20.027 
↑10% 
$356K
LSK 
$1.3446 
↑5.3% 
$294K
STORJ 
$0.3824 
↑7.6% 
$275K
ANT 
$3.5002 
↓2.6% 
$216K
GNO 
$107.08 
↑8.5% 
$213K
REPV2 
$19.036 
↑5.5% 
$155K
TBTC 
$34165. 
↑5.3% 
$55.3K



#####################. 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 22 2021)



Figure 2: Mid-size trading assets: (measured in USD) (January 22 2021)



Figure 3: Smallest trading assets: (measured in USD) (January 22 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 22 2021)



.


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

Returns and Volume


Figure 5: Returns of the four highest volume pairs (January 22 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 22 2021)