Kraken Daily Market Report for July 16 2020

Overview


  • Total trading volume relatively high at $203.5 million. This includes the new pairs Kava ($0.5 million), Compound ($0.2 million), Kyber Network ($0.3 million), and STORJ ($0.1 million).
  • Although there is more trading with the new pairs against USD, the spreads with the new pairs are almost half with EUR.
  • Ethereum returned to the second most traded crypto with 12% of the crypto market, Link was third with 8.8%.
  • Algorand (ALGO) was the chart-breaker today, up 23% over USD. Most cryptos were in the red, new crypto KNC +2.2% over USD.

July 16, 2020 
 $203.5M traded across all markets today
 Crypto, EUR, USD, JPY, CAD, GBP, CHF, AUD 
XBT 
$9130.5 
↓0.7% 
$99.1M
ETH 
$233.53 
↓2.1% 
$25.1M
LINK 
$8.3645 
↓3.5% 
$18.9M
XTZ 
$3.0919 
↓3.9% 
$16.7M
USDT 
$0.9995 
↑0.06% 
$13.6M
ADA 
$0.1259 
↓3.5% 
$10.5M
XRP 
$0.1941 
↓1.5% 
$4.02M
XLM 
$0.1012 
↑7.4% 
$3.77M
ALGO 
$0.3535 
↑23% 
$3.57M
ATOM 
$4.0661 
↑0.5% 
$2.84M
LTC 
$42.079 
↓2.9% 
$2.04M
BCH 
$224.09 
↓1.4% 
$1.57M
USDC 
$0.9998 
↓0.01% 
$1.56M
BAT 
$0.2597 
↑0.01% 
$1.32M
XMR 
$67.675 
↓4.1% 
$1.26M
WAVES 
$1.3503 
↑2.4% 
$1.07M
REP 
$19.156 
↓1.2% 
$927K
EOS 
$2.4993 
↓1.3% 
$732K
XDG 
$0.0029 
↓3.3% 
$682K
QTUM 
$2.3079 
↑0.6% 
$565K
PAXG 
$1808.0 
↓0.4% 
$550K
SC 
$0.0033 
↓2.9% 
$521K
KAVA 
$2.0207 
↓3.9% 
$518K
DASH 
$69.244 
↓2.5% 
$498K
OXT 
$0.1837 
↓4.8% 
$441K
DAI 
$1.0143 
↑0.08% 
$439K
ZEC 
$58.965 
↓3.6% 
$417K
ICX 
$0.3842 
↓4.1% 
$395K
KNC 
$1.6213 
↑2.2% 
$322K
NANO 
$0.9840 
↓5.4% 
$285K
TRX 
$0.0171 
↓2.3% 
$236K
OMG 
$1.4736 
↓2.9% 
$214K
LSK 
$1.1796 
↓3.0% 
$174K
COMP 
$154.88 
↓3.3% 
$173K
ETC 
$6.0290 
↓3.0% 
$167K
MLN 
$10.979 
↑4.1% 
$133K
STORJ 
$0.1652 
↓7.6% 
$108K
GNO 
$26.175 
↓3.7% 
$59.4K



#####################. 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 16 2020)



Figure 2: Mid-size trading assets: (measured in USD) (July 16 2020)



Figure 3: Smallest trading assets: (measured in USD) (July 16 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 16 2020)



.


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

Returns and Volume


Figure 5: Returns of the four highest volume pairs (July 16 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 16 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 16 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.