| Market Reports

Kraken Daily Market Report for August 28 2020

Overview


  • Total trading volume at $219.2 million. Almost all cryptos posted positive gains over fiats, and most cryptos out-performed Bitcoin.
  • EUR trading was 50% of the fiat market, USD was 48%. Moreover EUR/USD went up almost 1%, which caused returns of Bitcoin and Ethereum over USD to be almost 1% higher compared to EUR.
  • Melon remains red-hot (7th most traded crypto), posted 35% returns over USD. StorJ also did well, up 30%.

August 28, 2020 
 $219.2M traded across all markets today
 Crypto, EUR, USD, JPY, CAD, GBP, CHF, AUD 
XBT 
$11526. 
↑1.6% 
$96.9M
ETH 
$395.69 
↑3.2% 
$35.4M
USDT 
$1.0005 
↑0.02% 
$22.8M
DOT 
$6.1646 
↑8.9% 
$18.7M
LINK 
$15.138 
↑4.1% 
$7.0M
XRP 
$0.2717 
↑2.6% 
$6.52M
XTZ 
$3.2681 
↑1.1% 
$3.84M
MLN 
$67.895 
↑35% 
$3.83M
USDC 
$0.9999 
↑0.02% 
$3.45M
OXT 
$0.4803 
↑18% 
$3.29M
LTC 
$57.425 
↑2.2% 
$2.73M
ATOM 
$7.5729 
↑3.9% 
$2.47M
ADA 
$0.1093 
↑1.7% 
$2.44M
ETC 
$6.7950 
↑7.5% 
$2.19M
XMR 
$94.305 
↑5.0% 
$2.14M
BCH 
$268.89 
↑1.5% 
$1.86M
STORJ 
$0.5784 
↑30% 
$1.66M
OMG 
$5.4223 
↑7.8% 
$1.36M
COMP 
$188.97 
↑10% 
$1.31M
EOS 
$3.1184 
↑4.6% 
$1.3M
ALGO 
$0.5345 
↑2.4% 
$1.22M
WAVES 
$3.3793 
↑8.7% 
$1.04M
SC 
$0.0044 
↑16% 
$826K
KAVA 
$4.0720 
↑4.6% 
$713K
XLM 
$0.0957 
↑1.9% 
$706K
QTUM 
$3.3331 
↓1.3% 
$652K
DAI 
$1.0126 
↓0.05% 
$650K
REP 
$22.674 
↑4.8% 
$607K
ICX 
$0.6162 
↑5.9% 
$575K
BAT 
$0.3506 
↑7.3% 
$564K
ZEC 
$76.347 
↑5.7% 
$549K
TRX 
$0.0239 
↑3.6% 
$522K
LSK 
$1.7903 
↑8.0% 
$449K
PAXG 
$1973.8 
↑1.9% 
$407K
KNC 
$1.5925 
↑2.8% 
$294K
NANO 
$1.1643 
↑1.6% 
$246K
GNO 
$40.515 
↑8.5% 
$223K
DASH 
$85.010 
↑1.8% 
$155K
XDG 
$0.0032 
↑1.8% 
$137K
REPV2 
$22.232 
↑3.6% 
$40.1K

Overview


  • Total trading volume at $219.2 million. Almost all cryptos posted positive gains over fiats, and most cryptos out-performed Bitcoin.
  • EUR trading was 50% of the fiat market, USD was 48%. Moreover EUR/USD went up almost 1%, which caused returns of Bitcoin and Ethereum over USD to be almost 1% higher compared to EUR.
  • Melon remains red-hot (7th most traded crypto), posted 35% returns over USD. StorJ also did well, up 30%.

August 28, 2020 
 $219.2M traded across all markets today
 Crypto, EUR, USD, JPY, CAD, GBP, CHF, AUD 
XBT 
$11526. 
↑1.6% 
$96.9M
ETH 
$395.69 
↑3.2% 
$35.4M
USDT 
$1.0005 
↑0.02% 
$22.8M
DOT 
$6.1646 
↑8.9% 
$18.7M
LINK 
$15.138 
↑4.1% 
$7.0M
XRP 
$0.2717 
↑2.6% 
$6.52M
XTZ 
$3.2681 
↑1.1% 
$3.84M
MLN 
$67.895 
↑35% 
$3.83M
USDC 
$0.9999 
↑0.02% 
$3.45M
OXT 
$0.4803 
↑18% 
$3.29M
LTC 
$57.425 
↑2.2% 
$2.73M
ATOM 
$7.5729 
↑3.9% 
$2.47M
ADA 
$0.1093 
↑1.7% 
$2.44M
ETC 
$6.7950 
↑7.5% 
$2.19M
XMR 
$94.305 
↑5.0% 
$2.14M
BCH 
$268.89 
↑1.5% 
$1.86M
STORJ 
$0.5784 
↑30% 
$1.66M
OMG 
$5.4223 
↑7.8% 
$1.36M
COMP 
$188.97 
↑10% 
$1.31M
EOS 
$3.1184 
↑4.6% 
$1.3M
ALGO 
$0.5345 
↑2.4% 
$1.22M
WAVES 
$3.3793 
↑8.7% 
$1.04M
SC 
$0.0044 
↑16% 
$826K
KAVA 
$4.0720 
↑4.6% 
$713K
XLM 
$0.0957 
↑1.9% 
$706K
QTUM 
$3.3331 
↓1.3% 
$652K
DAI 
$1.0126 
↓0.05% 
$650K
REP 
$22.674 
↑4.8% 
$607K
ICX 
$0.6162 
↑5.9% 
$575K
BAT 
$0.3506 
↑7.3% 
$564K
ZEC 
$76.347 
↑5.7% 
$549K
TRX 
$0.0239 
↑3.6% 
$522K
LSK 
$1.7903 
↑8.0% 
$449K
PAXG 
$1973.8 
↑1.9% 
$407K
KNC 
$1.5925 
↑2.8% 
$294K
NANO 
$1.1643 
↑1.6% 
$246K
GNO 
$40.515 
↑8.5% 
$223K
DASH 
$85.010 
↑1.8% 
$155K
XDG 
$0.0032 
↑1.8% 
$137K
REPV2 
$22.232 
↑3.6% 
$40.1K



#####################. 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 (August 28 2020)



Figure 2: Mid-size trading assets: (measured in USD) (August 28 2020)



Figure 3: Smallest trading assets: (measured in USD) (August 28 2020)



#####################. 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 (August 28 2020)



.


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

Returns and Volume


Figure 5: Returns of the four highest volume pairs (August 28 2020)


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 (August 28 2020)



###########. Daily Returns. #################################################

Daily Returns %


Figure 7: Returns over USD and XBT. Relative volume and return size is indicated by the size of the font. (August 28 2020)



###########. Disclaimer #################################################

The values generated in this report are from public market data distributed from Kraken WebSockets api. The total volumes and returns are calculated over the reporting day using UTC time.