Original source: Deep Tide
Reprint: Koala, Mars Finance
Most indicators have improved. The adjusted on-chain total trading volume grew by 28.1%, reaching $420 billion, with Bitcoin (BTC) increasing by 32.1% and Ethereum (ETH) increasing by 20.9%.
The on-chain trading volume of stablecoins grew by 8% after adjustment, reaching $899 billion; at the same time, the total issuance decreased by 0.7%, down to $149.3 billion, with Tether (USDT) holding a 79.5% market share, while USD Coin (USDC) accounted for 16.9%.
Bitcoin miners' revenue increased by 25.4%, reaching $1.02 billion, while Ethereum stakers' revenue grew by 5.8%, reaching $221.5 million.
A total of 41,648 Ethereum (ETH) were burned this month, equivalent to $10.5 million. Since the introduction of the EIP-1559 protocol in early August 2021, a total of 4.43 million ETH have been burned, worth approximately $1.25 billion.
The monthly trading volume of the NFT market on Ethereum increased by 26.5%, reaching $121.6 million.
The spot trading volume of compliant centralized exchanges (CEX) increased by 16.3%, reaching $843 billion.
The monthly net inflow of all Bitcoin spot ETFs was $5.3 billion. IBIT set a historical single-day inflow record of $872 million on October 30.
Futures market: In terms of open interest, Bitcoin (BTC) reached a new high, increasing by 22.9%, while Ethereum (ETH) grew by 14.6%; in terms of trading volume, BTC's monthly futures trading volume increased by 12.1%, reaching $1.25 trillion, while ETH increased by 4.8%.
The open interest of Bitcoin futures at the Chicago Mercantile Exchange (CME) increased by 21.5%, reaching a new historical high of $12.5 billion, while the average daily trading volume increased by 9.6%, reaching $5.3 billion.
The monthly trading volume of Ethereum futures increased by 4.8%, reaching $488 billion.
In the options market, in terms of open interest, BTC grew by 35.7%, while ETH remained unchanged. BTC's monthly options trading volume increased by 39.8%, reaching $54 billion, while ETH grew by 4.7%, reaching $10.2 billion.
