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

InstitutionalOctober 1, 2022, 8:58AM EDT
UPDATED: April 24, 2023, 5:27PM EDT
September 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, which is a proxy for economic throughput, saw a decrease of 8.4%, to $365 billion, in September. Overall, Bitcoin's on-chain volume decreased by 21.5% (from $299 billion to $235 billion), while Ethereum's on-chain volume increased by 31.2% (from $99 billion to $130 billion).

In September, Bitcoin's on-chain volume exceeded Ethereum's by 1.8 times.

Expert insights. Delivered.

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