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

InstitutionalJanuary 2, 2024, 9:08AM EST
UPDATED: January 23, 2024, 5:45AM EST
December by the numbers: A look at crypto exchange volumes, open interest, and miner revenue
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Total adjusted on-chain volume, a proxy for economic throughput, saw an increase of 29.1% to $328 billion in December. Overall, Bitcoin's on-chain volume increased by 34.4% to $199 billion, while Ethereum's on-chain volume increased by 21.6% to $130 billion.

In December, Bitcoin's on-chain volume was 1.5 times higher than Ethereum's.

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