December saw the highest monthly volume for Ethereum futures to date
The volume for Ethereum futures reached $257.06 billion in December, according to data compiled by The Block.
December’s total was $10.8 billion (4.4%) more than November 2020, which was the previous high, per Skew data.
Huobi reportedly the largest volume share at 32.8%. Binance came in with a close second at 32.1% of Ethereum futures volume, followed by OKEx at 16.8%.
December also saw new highs for on-chain stablecoin volumes, crypto exchange trade volume, and web traffic to crypto exchanges.
For additional insights, read The Block Research's December by-the-numbers report.
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MK Manoylov has been a reporter for The Block since 2020 — joining just before bitcoin surpassed $20,000 for the first time. Since then, MK has written nearly 1,000 articles for the publication, covering any and all crypto news but with a penchant toward NFT, metaverse, web3 gaming, funding, crime, hack and crypto ecosystem stories. MK holds a graduate degree from New York University's Science, Health and Environmental Reporting Program (SHERP) and has also covered health topics for WebMD and Insider. You can follow MK on X @MManoylov and on LinkedIn.
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