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

Time Stamp: February 1, 2022 9:57 AM
Source Node: 1163591

February 1, 2022, 9:57AM EST

• 5 min read

Quick Take

  • Total adjusted on-chain volume decreased by 20.3% to $626 billion.
  • A total of 398,062 Ethereum, equivalent to $1.2 billion, was burned in January.
  • NFT marketplace volume saw an all-time high with $7 billion in monthly volume.
  • Centralized exchange spot trading volumes decreased by 20% to $833.5 billion.

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

Source: https://www.theblockresearch.com/january-by-the-numbers-2-132572?utm_source=rss&utm_medium=rss

Time Stamp:

More from The Block Crypto