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

InstitutionalMarch 1, 2024, 9:33AM EST
February by the numbers: A look at crypto exchange volumes, open interest, and miner revenue
Partner offers

We'd love your feedback.

Advertisement

Total adjusted on-chain volume, a proxy for economic throughput, saw an increase of 3.2% to $369 billion in February. Overall, Bitcoin's on-chain volume decreased by 0.6% to $218 billion, while Ethereum's on-chain volume increased by 9.2% to $150 billion.

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

Expert insights. Delivered.

Get access to a suite of news, research, data, and funding tools