| Market Reports

Kraken Daily Market Report for August 24 2020

Overview


  • Total trading volume at $223.3 million, which is lower than the 30-day average of $322.9 million as Bitcoin prices were relatively stable (within 0-1% for the day).
  • Polkadot (DOT) was the third most traded crypto with $19.5 million. Polkadot finished the day +15% over USD.
  • Melon (MLN) had the best returns, +19% over USD. OMG Network had the largest losses with -8.8%, but is still up over 250% since the beginning of the month.

August 24, 2020 
 $223.3M traded across all markets today
 Crypto, EUR, USD, JPY, CAD, GBP, CHF, AUD 
XBT 
$11764. 
↑0.9% 
$82.5M
ETH 
$408.51 
↑4.5% 
$55.5M
USDT 
$1.0004 
↑0.01% 
$22.6M
DOT 
$4.6150 
↑15% 
$19.5M
LINK 
$15.153 
↓0.08% 
$12.6M
XTZ 
$3.6790 
↑4.5% 
$7.25M
XRP 
$0.2889 
↑1.4% 
$4.71M
ATOM 
$8.1950 
↓3.6% 
$4.0M
USDC 
$1.0001 
↑0.01% 
$3.46M
LTC 
$62.095 
↑2.4% 
$3.24M
ALGO 
$0.6308 
↑2.6% 
$3.1M
OMG 
$5.8549 
↓8.8% 
$2.68M
BCH 
$290.94 
↑2.1% 
$2.35M
ADA 
$0.1237 
↑1.9% 
$2.18M
OXT 
$0.4824 
↓5.4% 
$1.58M
BAT 
$0.3968 
↓1.3% 
$1.56M
WAVES 
$3.6549 
↑4.3% 
$1.51M
XMR 
$93.830 
↑2.8% 
$1.41M
STORJ 
$0.3838 
↓2.7% 
$1.4M
EOS 
$3.3895 
↑2.0% 
$1.15M
XLM 
$0.1032 
↑0.31% 
$984K
ZEC 
$80.384 
↓5.0% 
$913K
ICX 
$0.6113 
↓2.6% 
$875K
REP 
$24.177 
↓2.4% 
$789K
QTUM 
$3.8264 
↓4.0% 
$760K
SC 
$0.0040 
↓5.7% 
$699K
COMP 
$181.22 
↑7.0% 
$666K
MLN 
$49.546 
↑19% 
$654K
KAVA 
$4.1736 
↑0.5% 
$555K
TRX 
$0.0251 
↑3.3% 
$526K
DAI 
$1.0161 
↑1.1% 
$450K
NANO 
$1.2902 
↓1.0% 
$299K
PAXG 
$1939.6 
↓0.21% 
$281K
XDG 
$0.0034 
↑0.5% 
$261K
DASH 
$91.838 
↑0.3% 
$256K
KNC 
$1.6865 
↓1.5% 
$246K
LSK 
$1.9061 
↑1.8% 
$194K
ETC 
$6.8529 
↑1.3% 
$181K
REPV2 
$23.534 
↓0.16% 
$143K
GNO 
$44.877 
↑0.16% 
$81.4K

Overview


  • Total trading volume at $223.3 million, which is lower than the 30-day average of $322.9 million as Bitcoin prices were relatively stable (within 0-1% for the day).
  • Polkadot (DOT) was the third most traded crypto with $19.5 million. Polkadot finished the day +15% over USD.
  • Melon (MLN) had the best returns, +19% over USD. OMG Network had the largest losses with -8.8%, but is still up over 250% since the beginning of the month.

August 24, 2020 
 $223.3M traded across all markets today
 Crypto, EUR, USD, JPY, CAD, GBP, CHF, AUD 
XBT 
$11764. 
↑0.9% 
$82.5M
ETH 
$408.51 
↑4.5% 
$55.5M
USDT 
$1.0004 
↑0.01% 
$22.6M
DOT 
$4.6150 
↑15% 
$19.5M
LINK 
$15.153 
↓0.08% 
$12.6M
XTZ 
$3.6790 
↑4.5% 
$7.25M
XRP 
$0.2889 
↑1.4% 
$4.71M
ATOM 
$8.1950 
↓3.6% 
$4.0M
USDC 
$1.0001 
↑0.01% 
$3.46M
LTC 
$62.095 
↑2.4% 
$3.24M
ALGO 
$0.6308 
↑2.6% 
$3.1M
OMG 
$5.8549 
↓8.8% 
$2.68M
BCH 
$290.94 
↑2.1% 
$2.35M
ADA 
$0.1237 
↑1.9% 
$2.18M
OXT 
$0.4824 
↓5.4% 
$1.58M
BAT 
$0.3968 
↓1.3% 
$1.56M
WAVES 
$3.6549 
↑4.3% 
$1.51M
XMR 
$93.830 
↑2.8% 
$1.41M
STORJ 
$0.3838 
↓2.7% 
$1.4M
EOS 
$3.3895 
↑2.0% 
$1.15M
XLM 
$0.1032 
↑0.31% 
$984K
ZEC 
$80.384 
↓5.0% 
$913K
ICX 
$0.6113 
↓2.6% 
$875K
REP 
$24.177 
↓2.4% 
$789K
QTUM 
$3.8264 
↓4.0% 
$760K
SC 
$0.0040 
↓5.7% 
$699K
COMP 
$181.22 
↑7.0% 
$666K
MLN 
$49.546 
↑19% 
$654K
KAVA 
$4.1736 
↑0.5% 
$555K
TRX 
$0.0251 
↑3.3% 
$526K
DAI 
$1.0161 
↑1.1% 
$450K
NANO 
$1.2902 
↓1.0% 
$299K
PAXG 
$1939.6 
↓0.21% 
$281K
XDG 
$0.0034 
↑0.5% 
$261K
DASH 
$91.838 
↑0.3% 
$256K
KNC 
$1.6865 
↓1.5% 
$246K
LSK 
$1.9061 
↑1.8% 
$194K
ETC 
$6.8529 
↑1.3% 
$181K
REPV2 
$23.534 
↓0.16% 
$143K
GNO 
$44.877 
↑0.16% 
$81.4K



#####################. 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 (August 24 2020)



Figure 2: Mid-size trading assets: (measured in USD) (August 24 2020)



Figure 3: Smallest trading assets: (measured in USD) (August 24 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 24 2020)



.


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

Returns and Volume


Figure 5: Returns of the four highest volume pairs (August 24 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 24 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 24 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.