November by the numbers: A look at crypto exchange volumes, open interest, and miner revenue
December 2, 2020, 7:30AM EST · 7 min read
- Total adjusted on-chain volume saw a strong increase of 51.5%, to a new yearly high of ~$203.8 billion in November.
- Cryptocurrency centralized trading volumes saw a significant increase of 133.8% in November, while DEX volumes continue to decline.
- Lending from dYdX, Compound and Aave hit a new all-time high with $7.6 billion in originated loans in November.
- Aggregated open interest and monthly volume of Bitcoin futures and options, and Ethereum futures and options, all reached new all-time highs in November.
The Block Research analyzes the development of relevant metrics for the month of November.
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