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.
Total adjusted on-chain volume decreased by 15.6%, to $416 billion.
A total of 63,254 Ethereum, equivalent to $83.7 million, was burned.
Monthly volume of NFT marketplaces on Ethereum decreased, by 26%, to $678 million.
Centralized exchange spot trading volumes increased by 0.6% to $632.7 billion.
FTX came in 2nd place for the third time in CEX spot trading volume, ahead of Coinbase, with a share of 9%.
The open interest in Ethereum options increased by 104.4% to $5.8 billion as the market is positioning for the upcoming ETH Merge.
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.