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

InstitutionalJanuary 3, 2022, 10:08AM EST
UPDATED: May 9, 2023, 5:36PM EDT
December 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 13.2%, to $785 billion, in December. Overall, Bitcoin's on-chain volume decreased by 16.8% (from $593 billion to $493 billion), while Ethereum's on-chain volume decreased by 6.1% (from $311 billion to $292 billion).

In December, Bitcoin's on-chain volume exceeded Ethereum's by 1.69 times.

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