April by the numbers: A look at crypto exchange volumes, open interest, and miner revenue

InstitutionalMay 1, 2023, 9:15AM EDT
UPDATED: May 9, 2023, 2:25PM EDT
April by the numbers: A look at crypto exchange volumes, open interest, and miner revenue
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Total adjusted on-chain volume, which is a proxy for economic throughput, saw a decrease of 15.1%, to $207 billion, in April. Overall, Bitcoin's on-chain volume decreased by 14.4% (from $132 billion to $113 billion), while Ethereum's on-chain volume decreased by 15.2% (from $112 billion to $95 billion).

In April, Bitcoin's on-chain volume exceeded Ethereum's by 1.2 times.

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