| Market Reports

Kraken Daily Market Report for August 08 2020

Overview


  • Total trading volume at $181.4 million. Bitcoin prices were within +0-2% for the day.
  • Bitcoin was only 33% of the total crypto trading volume, LINK 20%, and Ethereum 18%. On the fiat side, it was dominated by USD (57%).
  • Several coins had returns over 10% against USD, including LINK (+25%), ALGO (+20%), KAVA (+20%), LSK (+12%), ATOM (+10%), Melon (+10%), KNC (+10%), and XTZ (+10%).
  • Quietly, WAVES is up 86% YTD against USD. WAVES has the largest weekly and 30-day percentage increase in trading volume.

August 08, 2020 
 $181.4M traded across all markets today
 Crypto, EUR, USD, JPY, CAD, GBP, CHF, AUD 
XBT 
$11767. 
↑1.4% 
$65.4M
LINK 
$12.736 
↑26% 
$40.4M
ETH 
$395.95 
↑4.4% 
$36.1M
USDT 
$1.0006 
↓0.02% 
$12.9M
XTZ 
$3.3884 
↑10% 
$11.2M
XRP 
$0.2948 
↑0.22% 
$6.01M
ADA 
$0.1462 
↑5.3% 
$4.16M
BCH 
$304.80 
↑0.7% 
$2.97M
WAVES 
$1.8204 
↑2.4% 
$2.67M
KAVA 
$4.2424 
↑20% 
$2.65M
ALGO 
$0.4528 
↑23% 
$2.15M
LTC 
$58.354 
↑2.0% 
$2.13M
MLN 
$23.926 
↑10% 
$1.42M
USDC 
$0.9997 
↑0.0% 
$1.26M
KNC 
$1.6844 
↑10% 
$826K
EOS 
$3.0631 
↑1.8% 
$727K
XLM 
$0.1031 
↑0.16% 
$697K
XMR 
$95.104 
↑1.1% 
$647K
ATOM 
$4.4400 
↑11% 
$582K
DASH 
$98.256 
↑1.7% 
$497K
COMP 
$152.55 
↓1.3% 
$466K
ETC 
$6.9329 
↑0.9% 
$404K
LSK 
$1.5702 
↑12% 
$392K
DAI 
$1.0188 
↑0.07% 
$386K
REP 
$21.193 
↑1.6% 
$301K
ZEC 
$96.944 
↑2.7% 
$278K
OXT 
$0.1780 
↑2.7% 
$266K
NANO 
$1.0433 
↑2.2% 
$262K
PAXG 
$2045.5 
↓0.4% 
$257K
BAT 
$0.2613 
↑3.2% 
$245K
OMG 
$1.6010 
↑2.1% 
$206K
ICX 
$0.3966 
↑4.8% 
$186K
TRX 
$0.0204 
↑2.9% 
$178K
XDG 
$0.0035 
↑0.5% 
$145K
SC 
$0.0031 
↑0.6% 
$96.4K
QTUM 
$2.7579 
↑4.2% 
$92.6K
STORJ 
$0.2012 
↑3.4% 
$69.2K
GNO 
$31.739 
↑2.4% 
$53.5K
REPV2 
$20.872 
↑2.3% 
$31.5K

Overview


  • Total trading volume at $181.4 million. Bitcoin prices were within +0-2% for the day.
  • Bitcoin was only 33% of the total crypto trading volume, LINK 20%, and Ethereum 18%. On the fiat side, it was dominated by USD (57%).
  • Several coins had returns over 10% against USD, including LINK (+25%), ALGO (+20%), KAVA (+20%), LSK (+12%), ATOM (+10%), Melon (+10%), KNC (+10%), and XTZ (+10%).
  • Quietly, WAVES is up 86% YTD against USD. WAVES has the largest weekly and 30-day percentage increase in trading volume.

August 08, 2020 
 $181.4M traded across all markets today
 Crypto, EUR, USD, JPY, CAD, GBP, CHF, AUD 
XBT 
$11767. 
↑1.4% 
$65.4M
LINK 
$12.736 
↑26% 
$40.4M
ETH 
$395.95 
↑4.4% 
$36.1M
USDT 
$1.0006 
↓0.02% 
$12.9M
XTZ 
$3.3884 
↑10% 
$11.2M
XRP 
$0.2948 
↑0.22% 
$6.01M
ADA 
$0.1462 
↑5.3% 
$4.16M
BCH 
$304.80 
↑0.7% 
$2.97M
WAVES 
$1.8204 
↑2.4% 
$2.67M
KAVA 
$4.2424 
↑20% 
$2.65M
ALGO 
$0.4528 
↑23% 
$2.15M
LTC 
$58.354 
↑2.0% 
$2.13M
MLN 
$23.926 
↑10% 
$1.42M
USDC 
$0.9997 
↑0.0% 
$1.26M
KNC 
$1.6844 
↑10% 
$826K
EOS 
$3.0631 
↑1.8% 
$727K
XLM 
$0.1031 
↑0.16% 
$697K
XMR 
$95.104 
↑1.1% 
$647K
ATOM 
$4.4400 
↑11% 
$582K
DASH 
$98.256 
↑1.7% 
$497K
COMP 
$152.55 
↓1.3% 
$466K
ETC 
$6.9329 
↑0.9% 
$404K
LSK 
$1.5702 
↑12% 
$392K
DAI 
$1.0188 
↑0.07% 
$386K
REP 
$21.193 
↑1.6% 
$301K
ZEC 
$96.944 
↑2.7% 
$278K
OXT 
$0.1780 
↑2.7% 
$266K
NANO 
$1.0433 
↑2.2% 
$262K
PAXG 
$2045.5 
↓0.4% 
$257K
BAT 
$0.2613 
↑3.2% 
$245K
OMG 
$1.6010 
↑2.1% 
$206K
ICX 
$0.3966 
↑4.8% 
$186K
TRX 
$0.0204 
↑2.9% 
$178K
XDG 
$0.0035 
↑0.5% 
$145K
SC 
$0.0031 
↑0.6% 
$96.4K
QTUM 
$2.7579 
↑4.2% 
$92.6K
STORJ 
$0.2012 
↑3.4% 
$69.2K
GNO 
$31.739 
↑2.4% 
$53.5K
REPV2 
$20.872 
↑2.3% 
$31.5K



#####################. 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 (August 08 2020)



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



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



.


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

Returns and Volume


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