Multiscale Systemic Risk and Its Spillover Effects in the Cryptocurrency Market

Table 5

DY index under D8.

	BTC	USDT	XLM	ETH	BNB	XEM	LTC	XRP	EOS	DASH	XMR	BCH	DOGE	VET	LINK	THETA	FROM
BTC	82.2	3.6	1.5	0.9	1.8	2.4	2.3	0.9	0.1	0	0.5	0.8	1	0.2	0.3	1.5	17.8
USDT	42.4	46.2	1.6	0.2	2.3	1.4	0.8	0.4	0	0	1.3	0.4	1.2	0.1	0	1.7	53.8
XLM	49.4	1.5	37.1	1.8	2.8	0.5	0.7	1.3	0.6	0.2	0.2	0.5	0.8	0.2	0.9	1.3	62.9
ETH	75	3	3.3	7.6	1.7	2	2.2	0.6	0.2	0.1	0.3	0.9	1	0.1	0.4	1.5	92.4
BNB	62.9	4.4	2.5	1.1	21.5	1.1	2	0.9	0	0	0.3	0.5	0.6	0.1	0.1	1.9	78.5
XEM	52.3	2.1	16.8	1.2	2.4	17.2	2	0.2	0.4	0.6	0.2	0.5	1.1	0.4	0.6	2.1	82.8
LTC	66.6	3.2	7.2	2.1	2.3	3.8	10.3	0.5	0.2	0.1	0.1	0.3	0.5	0.2	0.1	2.3	89.7
XRP	54.2	2.2	25.6	0.9	2.5	2.6	1.4	5.2	0.8	0.1	0.3	0.9	1	0.4	0.6	1.3	94.8
EOS	71.6	3.4	4.4	2.6	2.8	1.8	3.4	0.4	5.6	0	0.3	0.6	1.1	0.2	0.2	1.6	94.4
DASH	72.7	3.4	2.7	2.1	1.7	1.7	1.8	1.7	1.3	7.4	0.5	0.7	0.8	0.2	0.2	1.2	92.6
XMR	8.8	22.3	11.8	2.1	2.1	3.3	3.2	0.9	0.4	0.2	41.2	0.2	1	1.4	0.3	0.9	58.8
BCH	54.7	2.3	19.2	2.6	2.6	2.4	1.6	0.4	0.4	0.4	0.4	8.9	0.8	0.3	0.7	2.3	91.1
DOGE	63.4	5.4	2.9	0.6	9.1	0.7	2.1	0.7	0.2	0	0.5	0.3	11.4	0	0.1	2.6	88.6
VET	65.5	4	7.2	1.3	4.8	2.8	1.6	0.6	0.3	0.2	0.4	0.8	0.9	7.7	0.5	1.5	92.3
LINK	59.1	2.9	18.8	2.3	2.2	2	1.9	0.2	0.5	0.3	0.1	0.8	0.9	0.2	6.5	1.1	93.5
THETA	9.1	41.3	0.6	0.2	0.7	0.2	1.4	0.1	0.4	0.2	16.3	0.5	0.2	0.2	0.1	28.6	71.4
TO	807.6	105.1	126	22	41.8	28.7	28.1	10	5.9	2.5	21.8	8.6	12.8	4.5	5.3	24.6	1255.4
NET	871.9	97.4	100.2	−62.7	−15.2	−36.8	−51.3	−79.6	−82.9	−82.6	4.2	−73.6	−64.4	−80.1	−81.7	−18.2	—