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TheBlock 2021-03-03 14:22:48

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

Quick TakeDespite February being the shortest month of the year, several metrics recorded new records.Total adjusted on-chain volume saw a moderate increase of 11.6% to a new all-time high of $590 billion.Adjusted on-chain volume of stablecoins increased by 24.9%, to a new all-time high of $381.9 billion.For the first time since July 2017, Ethereum miners revenue is on par with Bitcoin miners revenue at $1.36 billion.Centralized exchange spot trading volumes increased by 25.7%, to a new all-time high of $1.153 trillion.

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