July by the numbers: A look at crypto exchange volumes, open interest, and miner revenue
Quick Take Total adjusted on-chain volume, a proxy for economic throughput, saw an increase of 15.7% M/M The stablecoin supply grew by 10% M/M from $12.0 billion to $13.2 billion The adjusted on-chain volume of stablecoins hit yet another all-time and grew by 53% M/M Ethereum miners generated $143.8M in revenue representing a M/M increase …
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