September 1, 2022, 8:57AM EDT
• 5 min read

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

Quick Take

  • Total adjusted on-chain volume decreased by 4.2%, to $398 billion.
  • A total of 38,386 Ethereum, equivalent to $65.6 million, was burned.
  • Monthly volume of NFT marketplaces on Ethereum decreased, by 9.9%, to $612 million.
  • Centralized exchange spot trading volumes decreased by 0.4% to $630.3 billion.
  • The open interest and trading volume of both Ethereum futures and options increased as the market is positioning for the imminent ETH Merge.

Join The Block Research for exclusive research like this

Gain access to this research piece and 100s of others, including ecosystem maps, company profiles, and topics spanning DeFi, CBDCs, banking and markets. Together with additional services, we help organizations understand what’s happening in the rapidly developing digital asset ecosystem.

Already a Research Member? Login Here