Kraken Daily Market Report for August 13 2020

Overview


  • Total trading volume at $433.5 million, which is significantly higher than the 30-day average of $264.9 million
  • The above average volume was not driven by Bitcoin (which was 34% of the crypto trading volume). The high volume was a result of some exceptional gains from Algorand (+26%), WAVES (+56%), StorJ (+22%), and Gnosis (+30%).
  • Ethereum also had a strong day (+9.6%), most of the gains were realized in a one hour span late in the day.

August 13, 2020 
 $433.5M traded across all markets today
 Crypto, EUR, USD, JPY, CAD, GBP, CHF, AUD 
XBT 
$11777. 
↑1.8% 
$157.4M
ETH 
$424.50 
↑9.6% 
$119.0M
LINK 
$17.143 
↑4.1% 
$61.6M
USDT 
$1.0011 
↑0.1% 
$26.5M
XTZ 
$4.1295 
↓5.5% 
$16.1M
XRP 
$0.2948 
↑4.4% 
$14.5M
ADA 
$0.1392 
↑1.9% 
$12.3M
ALGO 
$0.6612 
↑26% 
$8.75M
WAVES 
$3.3916 
↑56% 
$8.01M
ATOM 
$6.0705 
↑2.8% 
$4.94M
USDC 
$1.0001 
↑0.03% 
$4.31M
LTC 
$57.065 
↑4.7% 
$4.22M
BCH 
$295.69 
↑3.9% 
$3.82M
COMP 
$204.54 
↓6.3% 
$3.75M
KAVA 
$4.1891 
↓6.8% 
$2.1M
ZEC 
$87.404 
↑4.6% 
$2.07M
KNC 
$1.7361 
↑3.2% 
$1.56M
STORJ 
$0.2743 
↑22% 
$1.53M
EOS 
$3.1327 
↑3.6% 
$1.22M
XLM 
$0.1009 
↓0.7% 
$1.18M
XMR 
$91.970 
↑2.6% 
$1.16M
ICX 
$0.4872 
↑7.8% 
$1.15M
TRX 
$0.0223 
↑11% 
$1.13M
REP 
$20.848 
↑0.6% 
$1.08M
OMG 
$1.8365 
↑8.3% 
$1.03M
LSK 
$1.6751 
↑12% 
$862K
PAXG 
$1970.3 
↑1.7% 
$720K
OXT 
$0.2019 
↓1.9% 
$656K
DASH 
$92.601 
↑0.9% 
$619K
ETC 
$6.9105 
↑2.3% 
$601K
DAI 
$1.0174 
↑0.12% 
$543K
REPV2 
$20.803 
↑2.6% 
$516K
GNO 
$40.944 
↑30% 
$513K
XDG 
$0.0034 
↑0.6% 
$504K
BAT 
$0.2684 
↓1.1% 
$414K
NANO 
$1.1517 
↑2.5% 
$387K
QTUM 
$2.8562 
↑2.1% 
$346K
MLN 
$25.576 
↑0.9% 
$331K
SC 
$0.0033 
↑1.7% 
$226K



#####################. 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 13 2020)



Figure 2: Mid-size trading assets: (measured in USD) (August 13 2020)



Figure 3: Smallest trading assets: (measured in USD) (August 13 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 13 2020)



.


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

Returns and Volume


Figure 5: Returns of the four highest volume pairs (August 13 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 13 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 13 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.