Kraken Daily Market Report for August 16 2020

Overview


  • Total trading volume at $247.0 million, the lowest amount since last Sunday.
  • Orchid (OXT) has had back-to-back-to-back outstanding days. Up another 72% today, beating out Ripple, Tezos, Tether and others. OXT/USD is up over 250% over the last three days. There were also outstanding returns with OMG (+45% over USD).
  • The most traded pair of the day was ETH/USD, based on a drop of 4% mid-day UTC, and a subsequent recovery.

August 16, 2020 
 $247.0M traded across all markets today
 Crypto, EUR, USD, JPY, CAD, GBP, CHF, AUD 
XBT 
$11912. 
↑0.5% 
$73.9M
ETH 
$433.85 
↑0.3% 
$61.7M
LINK 
$18.803 
↓2.1% 
$26.0M
OXT 
$0.7310 
↑72% 
$21.4M
USDT 
$1.0003 
↓0.01% 
$16.5M
XTZ 
$4.2453 
↑4.3% 
$10.9M
XRP 
$0.3040 
↑1.7% 
$9.6M
LTC 
$63.950 
↑6.7% 
$7.36M
EOS 
$3.8815 
↑4.3% 
$6.58M
OMG 
$2.8013 
↑45% 
$5.68M
WAVES 
$4.0278 
↑19% 
$4.35M
BCH 
$308.30 
↑1.9% 
$4.11M
ADA 
$0.1386 
↑0.22% 
$3.55M
XLM 
$0.1150 
↑7.4% 
$2.9M
KAVA 
$5.1055 
↑12% 
$2.89M
BAT 
$0.3245 
↑18% 
$2.78M
USDC 
$1.0002 
↑0.07% 
$2.28M
ALGO 
$0.6292 
↓1.0% 
$2.22M
ATOM 
$6.2257 
↑2.4% 
$2.15M
TRX 
$0.0282 
↑12% 
$1.34M
QTUM 
$3.3547 
↑8.3% 
$953K
ICX 
$0.5366 
↑5.3% 
$778K
STORJ 
$0.3228 
↑16% 
$700K
MLN 
$36.041 
↑17% 
$699K
KNC 
$1.8794 
↑2.1% 
$680K
COMP 
$201.04 
↑2.3% 
$630K
NANO 
$1.1630 
↑4.3% 
$584K
REP 
$22.345 
↑2.1% 
$542K
DAI 
$1.0072 
↓0.3% 
$537K
ETC 
$7.2509 
↑1.1% 
$511K
XMR 
$91.260 
↑1.5% 
$463K
DASH 
$95.083 
↑1.2% 
$449K
ZEC 
$85.154 
↑0.01% 
$367K
SC 
$0.0036 
↑3.2% 
$340K
GNO 
$49.420 
↑5.9% 
$335K
LSK 
$1.8099 
↑7.3% 
$321K
XDG 
$0.0035 
↓0.03% 
$261K
PAXG 
$1947.5 
↓0.5% 
$229K
REPV2 
$22.522 
↓0.6% 
$44.2K



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



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



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



.


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

Returns and Volume


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