Kraken Daily Market Report for August 30 2020

Overview


  • Total trading volume at $175.8 million, moderate levels for Sunday trading.
  • Ethereum trading ($51.3 million) almost beat out Bitcoin trading ($57.5 million). This was a result of a price surge for Ethereum, which began mid-day UTC. Ethereum closed the day +7.6% over USD.
  • Mix of returns for cryptos: StorJ retreated 6.9%, while Melon remained red-hot, +21% over USD.

August 30, 2020 
 $175.8M traded across all markets today
 Crypto, EUR, USD, JPY, CAD, GBP, CHF, AUD 
XBT 
$11703. 
↑2.0% 
$57.5M
ETH 
$428.60 
↑7.6% 
$51.3M
LINK 
$16.459 
↑0.26% 
$16.4M
USDT 
$1.0000 
↓0.03% 
$13.9M
DOT 
$5.8647 
↓4.7% 
$12.1M
XRP 
$0.2829 
↑3.2% 
$5.15M
LTC 
$62.819 
↑10% 
$4.54M
MLN 
$79.973 
↑21% 
$3.26M
XTZ 
$3.3868 
↑0.8% 
$2.75M
ADA 
$0.1174 
↑0.7% 
$2.24M
OMG 
$5.5084 
↑7.5% 
$2.19M
USDC 
$0.9999 
↑0.0% 
$1.9M
BCH 
$279.30 
↑4.2% 
$1.5M
KAVA 
$4.3429 
↑6.5% 
$1.41M
ATOM 
$7.6252 
↑4.7% 
$1.39M
COMP 
$217.00 
↑12% 
$1.13M
DAI 
$1.0153 
↑0.24% 
$1.05M
STORJ 
$0.6427 
↓6.9% 
$1.03M
ALGO 
$0.5180 
↓3.2% 
$1.03M
OXT 
$0.4687 
↓5.0% 
$884K
TRX 
$0.0269 
↑8.1% 
$877K
XMR 
$96.272 
↑3.9% 
$823K
XLM 
$0.0981 
↑2.0% 
$739K
KNC 
$1.7031 
↑2.8% 
$580K
SC 
$0.0046 
↓5.6% 
$535K
QTUM 
$3.4513 
↑0.5% 
$520K
EOS 
$3.2614 
↑4.3% 
$494K
ZEC 
$81.169 
↑3.0% 
$461K
BAT 
$0.3458 
↓1.7% 
$452K
REP 
$22.715 
↓1.9% 
$419K
WAVES 
$3.3761 
↓0.01% 
$415K
ETC 
$6.7672 
↑0.13% 
$398K
GNO 
$44.579 
↑3.6% 
$375K
PAXG 
$1981.5 
↑0.4% 
$331K
DASH 
$88.247 
↑3.7% 
$245K
ICX 
$0.6140 
↓3.0% 
$209K
NANO 
$1.1722 
↑1.0% 
$136K
XDG 
$0.0032 
↑0.6% 
$83.0K
LSK 
$1.7947 
↓2.7% 
$64.7K
REPV2 
$22.467 
↑0.08% 
$62.0K



#####################. 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 30 2020)



Figure 2: Mid-size trading assets: (measured in USD) (August 30 2020)



Figure 3: Smallest trading assets: (measured in USD) (August 30 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 30 2020)



.


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

Returns and Volume


Figure 5: Returns of the four highest volume pairs (August 30 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 30 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 30 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.