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

InstitutionalSeptember 1, 2021, 9:57AM EDT
UPDATED: May 16, 2023, 2:55PM EDT
August 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 an increase of 28.4% to $520.2 billion in August. Overall, Bitcoin’s on-chain volume increased by 22.2% (from $212.2 billion to $259.4 billion), while Ethereum’s on-chain volume increased by 35.2% (from $192.9 billion to $260.8 billion).

In August, Ethereum’s on-chain volume exceeded Bitcoin’s by 1.01 times.

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