| Market Reports

Kraken Daily Market Report for August 29 2020

Overview


  • Total trading volume at $156.0 million, which is around the weekend averages.
  • Trading volume of ETH/USD beat out XBT/USD as Ethereum had wilder price swings; however, XBT/EUR beat out XBT/ETH as these swings occurred before and after European trading hours.
  • The three coins with the largest day-over-day increase in trading volume (Link, Siacoin, and StorJ) were also the coins with the three largest returns over USD (8.9%, 9.3%, and 20%, respectively).

August 29, 2020 
 $156.0M traded across all markets today
 Crypto, EUR, USD, JPY, CAD, GBP, CHF, AUD 
XBT 
$11482. 
↓0.5% 
$55.0M
ETH 
$398.51 
↑0.7% 
$35.6M
LINK 
$16.485 
↑8.9% 
$18.5M
USDT 
$1.0002 
↓0.03% 
$12.8M
DOT 
$6.1543 
↓0.5% 
$11.8M
XRP 
$0.2739 
↑0.8% 
$4.25M
XTZ 
$3.3568 
↑2.7% 
$3.65M
STORJ 
$0.6939 
↑20% 
$3.44M
OXT 
$0.4937 
↑2.8% 
$2.74M
ADA 
$0.1163 
↑6.3% 
$2.42M
USDC 
$1.0 
↑0.0% 
$1.6M
SC 
$0.0048 
↑9.3% 
$1.59M
LTC 
$57.039 
↓0.7% 
$1.58M
MLN 
$65.743 
↓3.3% 
$1.56M
BCH 
$268.15 
↓0.25% 
$1.32M
OMG 
$5.1105 
↓6.2% 
$1.2M
ATOM 
$7.2801 
↓3.8% 
$999K
ALGO 
$0.5349 
↑0.02% 
$995K
QTUM 
$3.4333 
↑2.9% 
$796K
EOS 
$3.1276 
↑0.24% 
$776K
ICX 
$0.6329 
↑2.8% 
$747K
XMR 
$92.684 
↓2.0% 
$708K
WAVES 
$3.3729 
↓0.13% 
$683K
BAT 
$0.3520 
↑0.9% 
$607K
KAVA 
$4.0864 
↑0.3% 
$558K
REP 
$23.166 
↑2.0% 
$453K
XLM 
$0.0964 
↑0.7% 
$448K
DAI 
$1.0129 
↑0.03% 
$412K
LSK 
$1.8436 
↑2.9% 
$366K
COMP 
$193.60 
↑2.4% 
$362K
ZEC 
$78.755 
↑3.2% 
$361K
TRX 
$0.0249 
↑4.1% 
$335K
KNC 
$1.6570 
↑4.2% 
$299K
ETC 
$6.7539 
↓0.6% 
$215K
PAXG 
$1973.8 
↑0.01% 
$180K
DASH 
$85.068 
↑0.05% 
$176K
NANO 
$1.1610 
↓0.5% 
$144K
GNO 
$43.050 
↑6.0% 
$140K
XDG 
$0.0032 
↑0.5% 
$52.5K
REPV2 
$22.446 
↑1.0% 
$37.4K

Overview


  • Total trading volume at $156.0 million, which is around the weekend averages.
  • Trading volume of ETH/USD beat out XBT/USD as Ethereum had wilder price swings; however, XBT/EUR beat out XBT/ETH as these swings occurred before and after European trading hours.
  • The three coins with the largest day-over-day increase in trading volume (Link, Siacoin, and StorJ) were also the coins with the three largest returns over USD (8.9%, 9.3%, and 20%, respectively).

August 29, 2020 
 $156.0M traded across all markets today
 Crypto, EUR, USD, JPY, CAD, GBP, CHF, AUD 
XBT 
$11482. 
↓0.5% 
$55.0M
ETH 
$398.51 
↑0.7% 
$35.6M
LINK 
$16.485 
↑8.9% 
$18.5M
USDT 
$1.0002 
↓0.03% 
$12.8M
DOT 
$6.1543 
↓0.5% 
$11.8M
XRP 
$0.2739 
↑0.8% 
$4.25M
XTZ 
$3.3568 
↑2.7% 
$3.65M
STORJ 
$0.6939 
↑20% 
$3.44M
OXT 
$0.4937 
↑2.8% 
$2.74M
ADA 
$0.1163 
↑6.3% 
$2.42M
USDC 
$1.0 
↑0.0% 
$1.6M
SC 
$0.0048 
↑9.3% 
$1.59M
LTC 
$57.039 
↓0.7% 
$1.58M
MLN 
$65.743 
↓3.3% 
$1.56M
BCH 
$268.15 
↓0.25% 
$1.32M
OMG 
$5.1105 
↓6.2% 
$1.2M
ATOM 
$7.2801 
↓3.8% 
$999K
ALGO 
$0.5349 
↑0.02% 
$995K
QTUM 
$3.4333 
↑2.9% 
$796K
EOS 
$3.1276 
↑0.24% 
$776K
ICX 
$0.6329 
↑2.8% 
$747K
XMR 
$92.684 
↓2.0% 
$708K
WAVES 
$3.3729 
↓0.13% 
$683K
BAT 
$0.3520 
↑0.9% 
$607K
KAVA 
$4.0864 
↑0.3% 
$558K
REP 
$23.166 
↑2.0% 
$453K
XLM 
$0.0964 
↑0.7% 
$448K
DAI 
$1.0129 
↑0.03% 
$412K
LSK 
$1.8436 
↑2.9% 
$366K
COMP 
$193.60 
↑2.4% 
$362K
ZEC 
$78.755 
↑3.2% 
$361K
TRX 
$0.0249 
↑4.1% 
$335K
KNC 
$1.6570 
↑4.2% 
$299K
ETC 
$6.7539 
↓0.6% 
$215K
PAXG 
$1973.8 
↑0.01% 
$180K
DASH 
$85.068 
↑0.05% 
$176K
NANO 
$1.1610 
↓0.5% 
$144K
GNO 
$43.050 
↑6.0% 
$140K
XDG 
$0.0032 
↑0.5% 
$52.5K
REPV2 
$22.446 
↑1.0% 
$37.4K



#####################. 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 29 2020)



Figure 2: Mid-size trading assets: (measured in USD) (August 29 2020)



Figure 3: Smallest trading assets: (measured in USD) (August 29 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 29 2020)



.


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

Returns and Volume


Figure 5: Returns of the four highest volume pairs (August 29 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 29 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 29 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.