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

InstitutionalJune 9, 2020, 8:56AM EDT
UPDATED: March 10, 2022, 3:45PM EST
May by the numbers: A look at crypto exchange volumes, open interest and miner revenue
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Total adjusted value settled, which is a proxy for economic throughput, saw an increase of 20.7% in May and saw a 10-month high. The average daily value settled on Bitcoin increased from $1.75 billion to $2.25 billion. For Ethereum, the value settled jumped from $1.49 billion to $1.66 billion.

In terms of value settled purely in the chain’s native asset (BTC or ETH), Bitcoin settled 5.4 times more in April than Ethereum.

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