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TheBlock 2021-04-01 13:38:38

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

Quick TakeSeveral metrics recorded record numbers in March. In all cases, spot and derivatives volume for Q1 2021 surpassed the total 2020 volume. Total adjusted on-chain volume saw a slight decline of 2.2% to $577.2 billion in March.Adjusted on-chain volume of stablecoins plateaued at an all-time high of $384.3 billion in March.Centralized exchange spot trading volumes decreased by 7.8% to $1.06 trillion in March.Besides Binance, FTX was one of the only major exchanges to increase its spot market share in March.

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