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

InstitutionalNovember 2, 2023, 9:32AM 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, a proxy for economic throughput, saw an increase of 34.8%, to $196 billion, in October. Overall, Bitcoin's on-chain volume increased by 45.7% to $122 billion, while Ethereum's on-chain volume increased by 20.1% to $74 billion.

In October, Bitcoin's on-chain volume was 1.6 times higher than Ethereum's.

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