Kraken Daily Market Report for July 08 2020

Overview


  • Total trading volume at $231.3 million. This is the highest daily trading volume since June 15th.
  • The star of the day was Dogecoin (up 51% over USD). There were other stars today as well: Siacoin (+27%), Stellar (+16%), Link (+13%), Quantum (+12%), and Ripple (+11%).
  • Dogecoin is often the least traded coin on the exchange, today it was the fifth most traded crypto (beating out Ripple, Litecoin, and others). Dogecoin now has the largest day-over-day, week-over-week, and month-over-month increase in trading volume.

July 08, 2020 
 $231.3M traded across all markets today
 Crypto, EUR, USD, JPY, CAD, GBP, CHF, AUD 
XBT 
$9440.0 
↑2.0% 
$115.5M
ETH 
$246.94 
↑3.1% 
$33.2M
ADA 
$0.1300 
↑10% 
$21.6M
USDT 
$1.0004 
↑0.03% 
$17.3M
XDG 
$0.0047 
↑51% 
$13.8M
LINK 
$6.4786 
↑13% 
$11.5M
XRP 
$0.2050 
↑11% 
$10.8M
XTZ 
$2.6516 
↑5.4% 
$4.46M
USDC 
$1.0000 
↓0.0% 
$3.81M
XLM 
$0.0852 
↑16% 
$2.93M
LTC 
$45.315 
↑4.4% 
$2.21M
SC 
$0.0038 
↑27% 
$1.85M
XMR 
$66.244 
↑2.4% 
$1.59M
ATOM 
$3.5511 
↑9.3% 
$1.55M
BCH 
$243.34 
↑2.2% 
$1.49M
DAI 
$1.0163 
↑0.4% 
$1.48M
EOS 
$2.6780 
↑4.5% 
$1.3M
ALGO 
$0.2469 
↑6.1% 
$746K
ICX 
$0.3941 
↑0.4% 
$670K
REP 
$20.296 
↑1.9% 
$632K
ETC 
$6.6324 
↑6.6% 
$592K
TRX 
$0.0179 
↑4.0% 
$520K
QTUM 
$2.0204 
↑12% 
$490K
OXT 
$0.1709 
↑8.8% 
$470K
BAT 
$0.2639 
↑3.6% 
$454K
DASH 
$72.715 
↑3.9% 
$448K
NANO 
$1.0808 
↑8.2% 
$351K
ZEC 
$57.959 
↑5.2% 
$342K
PAXG 
$1814.5 
↑1.0% 
$252K
MLN 
$13.350 
↑0.4% 
$251K
OMG 
$1.6158 
↑5.7% 
$237K
LSK 
$1.2323 
↑7.0% 
$192K
WAVES 
$1.2107 
↑3.7% 
$182K
GNO 
$26.920 
↑4.3% 
$144K



#####################. 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 (July 08 2020)



Figure 2: Mid-size trading assets: (measured in USD) (July 08 2020)



Figure 3: Smallest trading assets: (measured in USD) (July 08 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 (July 08 2020)



.


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

Returns and Volume


Figure 5: Returns of the four highest volume pairs (July 08 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 (July 08 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. (July 08 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.