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Kraken Daily Market Report for May 12 2021


Overview


  • Total spot trading volume at $4.1 billion, 40% higher than the 30-day average of $2.92 billion.
  • Total futures notional at $1.35 billion.
  • The top five traded coins were, respectively, Ethereum (+2.5%), Bitcoin (0.1%), Tether (+0%), Dogecoin (+2.1%), and Cardano (-0.2%) – three days in a row.
  • Wide range of returns: Waves (+15%), AAVE (+12%), EOS (-10%), and Stellar (-7.1%)

May 12, 2021 
 $4.1B traded across all markets today
 Crypto, EUR, USD, JPY, CAD, GBP, CHF, AUD 
ETH 
$4281.8 
↑2.5% 
$1.37B
XBT 
$56821. 
↑0.11% 
$1.13B
USDT 
$1.0011 
↓0.02% 
$478.1M
XDG 
$0.5050 
↑2.1% 
$259.9M
ADA 
$1.7595 
↓0.18% 
$154.0M
XRP 
$1.4706 
↓0.6% 
$140.0M
DOT 
$39.406 
↑1.7% 
$107.2M
LTC 
$379.48 
↑0.4% 
$99.1M
EOS 
$13.202 
↓10% 
$84.6M
BCH 
$1506.7 
↓2.9% 
$78.6M
USDC 
$1.0000 
↑0.0% 
$69.6M
ZEC 
$335.93 
↑11% 
$55.2M
AAVE 
$514.93 
↑12% 
$52.0M
LINK 
$48.136 
↓1.4% 
$45.6M
ETC 
$109.37 
↓3.1% 
$42.7M
KSM 
$470.21 
↑6.8% 
$37.9M
XLM 
$0.6832 
↓7.1% 
$35.0M
YFI 
$82376. 
↓0.9% 
$23.3M
TRX 
$0.1392 
↑0.08% 
$22.9M
UNI 
$42.296 
↑9.6% 
$19.2M
XMR 
$454.42 
↑0.12% 
$18.9M
DASH 
$413.42 
↓3.3% 
$17.8M
NANO 
$8.8501 
↓1.4% 
$17.7M
SC 
$0.0372 
↓0.4% 
$16.5M
XTZ 
$7.1003 
↓0.9% 
$13.7M
WAVES 
$38.256 
↑15% 
$13.1M
SNX 
$18.408 
↓0.21% 
$11.7M
FIL 
$140.82 
↓1.6% 
$11.1M
ATOM 
$26.674 
↓1.0% 
$10.3M
FLOW 
$27.876 
↑1.4% 
$9.94M
OMG 
$11.509 
↓6.6% 
$9.07M
DAI 
$1.0009 
↓0.06% 
$8.25M
ALGO 
$1.4390 
↓2.6% 
$8.06M
COMP 
$855.18 
↓0.5% 
$7.73M
KAVA 
$6.3462 
↑3.5% 
$7.14M
OCEAN 
$1.3763 
↓3.0% 
$6.77M
CRV 
$3.4799 
↑4.9% 
$6.63M
GRT 
$1.4779 
↑0.8% 
$5.27M
MANA 
$1.4059 
↓1.7% 
$5.03M
STORJ 
$2.0368 
↑2.4% 
$4.57M
QTUM 
$24.812 
↓6.8% 
$4.31M
EWT 
$13.574 
↓1.2% 
$4.17M
BAT 
$1.3601 
↓2.8% 
$3.98M
ICX 
$2.4532 
↓2.2% 
$3.59M
BAL 
$70.930 
↑0.28% 
$3.03M
KNC 
$3.6098 
↑6.7% 
$2.79M
LSK 
$8.6963 
↓6.8% 
$2.77M
GNO 
$274.55 
↑4.5% 
$2.58M
OXT 
$0.6335 
↑2.2% 
$2.09M
REPV2 
$43.371 
↓0.22% 
$1.82M
MLN 
$116.85 
↓6.4% 
$1.66M
PAXG 
$1849.9 
↓1.0% 
$1.47M
KEEP 
$0.6104 
↑3.3% 
$1.38M
ANT 
$9.6537 
↓1.3% 
$1.36M
REP 
$44.492 
↓1.1% 
$1.2M
TBTC 
$58685. 
↑0.6% 
$69.3K



#####################. 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 (May 13 2021)



Figure 2: Mid-size trading assets: (measured in USD) (May 13 2021)



Figure 3: Smallest trading assets: (measured in USD) (May 13 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 13 2021)



.


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

Returns and Volume


Figure 5: Returns of the four highest volume pairs (May 13 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 13 2021)