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.