ANNOUNCEMENT! We're excited to share that The Block Pro, a portfolio of research, news and data products in one easy-to-use platform, launches later this month. Reach out to your account manager for more information about products and subscription options.
December was marked by the continued fallout from the collapse of FTX and Alameda Research in November.
Total adjusted on-chain volume decreased by 44.6% to $144 billion.
Adjusted on-chain volume of stablecoins decreased by 27.5% to $665.9 billion.
A total of 49,117 Ethereum, equivalent to $60.7 million, was burned.
Monthly volume of NFT marketplaces on Ethereum increased, by 5.2%, to $401 million.
Centralized exchange spot trading volumes decreased by 46.9% to $357.5 billion.
Footnotes
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.
