Kraken Daily Market Report for May 23 2022

Overview

Daily spot trading volume: $766.8 million, 30 day average spot: $1.04 billion.

Total futures notional: $160.2 million.

The top five traded coins were, respectively, Tether (+0%), Bitcoin (-3.9%), Ethereum (-3.5%), USDC (0%), and Solana (-6.4%).

Strong returns from Mirror Protocol (+107%) and Bifrost (+12%).

May 23,…