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

InstitutionalAugust 1, 2023, 9:44AM EDT
July 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 a decrease of 16.9%, to $188 billion, in July. Overall, Bitcoin's on-chain volume decreased by 13.1% (from $130 billion to $113 billion), while Ethereum's on-chain volume decreased by 21.9% (from $96 billion to $75 billion).

In July, 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