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

InstitutionalJanuary 2, 2023, 9:42AM EST
UPDATED: April 14, 2023, 3:55PM 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 44.6%, to $144 billion, in December. Overall, Bitcoin's on-chain volume decreased by 41.1% (from $146 billion to $86 billion), while Ethereum's on-chain volume decreased by 49.6% (from $115 billion to $58 billion).

In December, Bitcoin's on-chain volume exceeded Ethereum's by 1.5 times.

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