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

InstitutionalAugust 1, 2022, 10:29AM EDT
UPDATED: April 28, 2023, 5:41PM EDT
July 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 16.5%, to $416 billion, in July. Overall, Bitcoin's on-chain volume decreased by 14.6% (from $371 billion to $317 billion), while Ethereum's on-chain volume also decreased by 21.9% (from $127 billion to $99 billion).

In July, Bitcoin's on-chain volume exceeded Ethereum's by 3.2 times.

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