Kraken Daily Market Report for July 31 2020

Overview


  • Total trading volume at $256.1 million, up slightly from yesterday as Bitcoin prices moved favorably from 3:00 am UTC through the close.
  • The outlier of the day was Melon (+28% over USD). Another good day of returns for Ripple (+ 6.2%). Ripple ends the month up almost 50%.
  • Litecoin was very active on the exchange today (+2.3%) and has had the largest week-over-week increase in trading volume. But, the star of July was Dogecoin. Dogecoin had the largest monthly increase in trading volume, and closes July with its highest month-end close.

July 31, 2020 
 $256.1M traded across all markets today
 Crypto, EUR, USD, JPY, CAD, GBP, CHF, AUD 
XBT 
$11350. 
↑2.0% 
$144.7M
ETH 
$346.85 
↑3.2% 
$63.1M
USDT 
$1.0014 
↑0.03% 
$12.1M
XRP 
$0.2598 
↑6.2% 
$9.95M
LINK 
$7.8112 
↑5.1% 
$8.94M
LTC 
$58.260 
↑2.3% 
$4.73M
ADA 
$0.1400 
↓0.8% 
$4.34M
BCH 
$301.39 
↑3.0% 
$4.31M
XTZ 
$2.8453 
↑1.2% 
$3.55M
USDC 
$0.9999 
↓0.01% 
$2.73M
EOS 
$3.0981 
↑1.3% 
$1.18M
DAI 
$1.0224 
↓0.9% 
$928K
XMR 
$84.634 
↑4.3% 
$824K
MLN 
$17.607 
↑29% 
$762K
KAVA 
$2.4360 
↓0.24% 
$684K
XLM 
$0.0969 
↑0.6% 
$611K
ETC 
$7.4250 
↑0.7% 
$503K
DASH 
$82.646 
↑1.4% 
$495K
ZEC 
$74.944 
↑6.1% 
$458K
ATOM 
$3.7989 
↑2.3% 
$427K
PAXG 
$1982.9 
↑1.0% 
$423K
ALGO 
$0.3276 
↓2.0% 
$413K
REP 
$20.071 
↓1.0% 
$280K
KNC 
$1.4697 
↑1.7% 
$264K
TRX 
$0.0197 
↑2.6% 
$250K
XDG 
$0.0032 
↑0.11% 
$240K
QTUM 
$2.4167 
↑1.6% 
$236K
SC 
$0.0030 
↓3.6% 
$221K
ICX 
$0.3745 
↓0.01% 
$181K
WAVES 
$1.5224 
↓0.7% 
$178K
BAT 
$0.2531 
↑2.4% 
$143K
OXT 
$0.1775 
↓0.9% 
$117K
OMG 
$1.5820 
↓0.6% 
$105K
COMP 
$134.93 
↑1.3% 
$99.2K
NANO 
$0.9331 
↓0.5% 
$94.2K
LSK 
$1.2750 
↑1.0% 
$82.3K
GNO 
$30.994 
↑1.3% 
$77.5K
STORJ 
$0.1860 
↓3.9% 
$36.5K



#####################. 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 31 2020)



Figure 2: Mid-size trading assets: (measured in USD) (July 31 2020)



Figure 3: Smallest trading assets: (measured in USD) (July 31 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 31 2020)



.


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

Returns and Volume


Figure 5: Returns of the four highest volume pairs (July 31 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 31 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 31 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.