Discover Kraken Labs: labs.kraken.com
We are excited to unveil Kraken Labs, originally launched as a suite of five interactive data visualization modules created by designer Benno Gerrit Wissing.
These experiments leverage both Kraken-derived data and on-chain data to explore the limitless possibilities of crypto data visualization, ranging from highly exploratory and abstract real-time 3D data visualizations to insight-driven experiments that use time series clustering and pattern recognition.
We decided to make them public in order to share what’s possible with the broader crypto community and to leverage the growing set of data visualization experiments.
Kraken Labs currently includes the following experiments:
Customizable 3D objects, each representing a Kraken market. These objects use visual cues to convey the temporal evolution of market data in real time.
The experiment encodes different dimensions of market data (volume, variation, high/low range, spread, market updates per minute) into 3D object properties (size, color, noise scale, noise intensity, noise speed) to visualize multiple markets to quickly get an overview of their activity at a glance:
Markets are grouped based on similar chart patterns. This provides a meta-view of the markets so that instead of analyzing Kraken’s individual USD markets (nearly 300), an algorithm categorizes these markets into two to six large groups that move in a similar manner, which is useful for diversification purposes.
The additional “list view” ranks markets based on their similarity to all analyzed markets to easily identify anomalous (low similarity) and generic (high similarity) markets:
Analytics that visually reveal chart trends within any individual Kraken USD market. These trends highlight recurring, abnormal, and evolving patterns over the past day or year. Each type of trend can be inspected in more detail when interacting by hovering over or selecting on the chart.
In the detailed pattern view, recurring pattern instances are layered on top of each other to easily see how similar they are, while evolving patterns are stacked on top of each other to visualize how they change over time. Patterns of different widths (i.e. closing price data points) can be identified based on user preferences:
This visualization displays the daily live streaming candlesticks of each USD trading pair on the Kraken exchange. These candlesticks are presented in the form of Kraken’s iconic beast logo.
By selecting an individual asset, an interactive 3D candlestick chart of that market is revealed so that it can be inspected from a granular perspective. This allows the performance of all Kraken markets to be viewed at once and individually in a concise and compelling manner:
A tool to visualize the flow of on-chain transactions between addresses as a network. Each node represents an address and each edge represents a transaction. Each address node and transaction edge can be selected to retrieve additional information.
The selected nodes highlight the transaction flow of those respective addresses. The graph tells a visual story of an address and its transaction partners:
Leveraging our cryptography expertise for the benefit of our clients
As one of the longest-standing exchanges in the cryptocurrency industry, we have amassed a wealth of knowledge in the field. With the development of Kraken Labs, we are committed to harnessing this knowledge to empower our customers, providing them with cutting-edge tools and services to help them better navigate the markets.
We encourage you to provide feedback on these modules, which can be provided on any of the individual module pages. Your input is essential in shaping the Kraken Labs experience.
The initial modules are just the beginning: Kraken Labs is pushing the boundaries of data visualization to uncover new frameworks for analyzing crypto markets. Stay tuned for more visually stunning experiences within Kraken Labs and potential integrations with our full suite of products.
Discover the future of crypto data visualization today:
These materials are provided for general information purposes only and do not constitute investment advice, or a recommendation or solicitation to buy, sell, stake, or hold any cryptoassets or to participate in any specific trading strategy. Kraken makes no representations or warranties of any kind, express or implied, as to the
Kraken does not guarantee the accuracy, completeness, timeliness, suitability or validity of this information and will not be liable for any errors, omissions or delays in this information or for any loss, injury or damage resulting from its display or use. Kraken does not and will not work to increase or decrease the price of any particular cryptoasset it makes available. Some crypto products and markets are unregulated and you may not be protected by government compensation and/or regulatory protection schemes. The unpredictable nature of cryptoasset markets may result in loss of funds. Tax may be payable on any returns and/or increases in the value of your cryptoassets and you should seek independent advice on your tax position. Geographic restrictions may apply.
