1. In August, the total adjusted on-chain transaction volume for Bitcoin and Ethereum dropped by 15.3%, falling to $377 billion. Bitcoin’s adjusted on-chain transaction volume decreased by 12.1%, while Ethereum’s volume fell by 20.2%.
2. Adjusted on-chain stablecoin transaction volume grew by 20.5% in August, reaching $1.2 trillion. The supply of issued stablecoins increased by 2.9% to $148.4 billion, with USDT and USDC holding market shares of 78.7% and 17.4%, respectively.
3. Bitcoin miners’ revenue in August reached $851.4 million, representing a 10.4% decline. Additionally, Ethereum staking revenue dropped by 19.3% to $218.2 million.
4. The Ethereum network burned 13,467 ETH in August, valued at approximately $34.9 million. Since the implementation of EIP-1559 in early August 2021, a total of about 4.37 million ETH has been burned, valued at roughly $12.3 billion.
5. The on-chain NFT market on Ethereum continued its downward trend in August, with trading volume falling by 12.8% to around $123.2 million.
6. Compliance-focused centralized exchanges (CEXs) saw a 13.7% increase in spot trading volume in August, rising to $877.5 billion.
7. August saw a negative net inflow for spot Bitcoin ETFs, with an outflow of approximately $422.1 million.
8. In the crypto futures market, August saw a 17.9% decrease in Bitcoin futures open interest, while Ethereum futures open interest dropped by 28.6%. Bitcoin futures trading volume declined by 20.2%, falling to $1.33 trillion, while Ethereum futures trading volume decreased by 22.2%.
9. CME Bitcoin futures open interest decreased by 15.3% in August, dropping to $9 billion. The daily average trading volume (DAV) slightly declined by 0.2%, reaching around $5.04 billion.
10. The average monthly trading volume for Ethereum futures fell by $587.5 billion in August, a 22.2% decrease.
11. In the crypto options market, Bitcoin options open interest fell by 3.8% in August, while Ethereum options open interest declined by 13.9%. The monthly Bitcoin options trading volume reached $5.38 billion, down 5.4%, while Ethereum options trading volume was $1.55 billion, remaining stable compared to the previous month.
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