volumes

Decentralized exchange volumes hit $23.5 billion in September

Decentralized exchange volumes hit $23.5 billion in September

Data for September shows that decentralized exchanges saw more than $23 billion in trade volume for the month. The approximately $23.5 billion in volume reflects a 103% month-over-month increase compared to August’s $11.6 billion, according to data published by Dune Analytics, which tracks volumes in the DEX ecosystem. September’s volume figure is higher than previously …

Decentralized exchange volumes hit $23.5 billion in September Read More »

Police seize South Korean crypto exchange Coinbit for allegedly inflating trading volumes

Police seize South Korean crypto exchange Coinbit for allegedly inflating trading volumes

The Seoul Metropolitan Police Agency has reportedly seized local crypto exchange Coinbit for allegedly inflating trading volumes. South Korea’s oldest newspaper, the Seoul Shinmun, reported the news on Wednesday, saying that Coinbit’s offices have been raided for the alleged fraud. The exchange is accused of using multiple “ghost accounts” to inflate trading volumes. About 99% …

Police seize South Korean crypto exchange Coinbit for allegedly inflating trading volumes Read More »

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

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 …

July by the numbers: A look at crypto exchange volumes, open interest, and miner revenue Read More »

Charting Ethereum’s five-year journey by the numbers

ETH trading volumes are rising faster than bitcoin volumes

Trading volumes of ether (ETH) — both spot and futures — are rising faster than bitcoin (BTC) volumes, according to The Block Research. It means traders are trading ETH relatively more compared to BTC. One of the main possible reasons for the shift is the recent decentralized finance (DeFi) boom. The Block’s Larry Cermak looked …

ETH trading volumes are rising faster than bitcoin volumes Read More »

Scroll to Top