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

InstitutionalNovember 1, 2022, 9:24AM EDT
UPDATED: April 21, 2023, 5:23PM EDT
October 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 35.1%, to $237 billion, in October. Overall, Bitcoin's on-chain volume decreased by 28.5% (from $235 billion to $168 billion), while Ethereum's on-chain volume decreased by 46.9% (from $130 billion to $69 billion).

In October, Bitcoin's on-chain volume exceeded Ethereum's by 2.4 times.

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