Monthly Ethereum futures volume hit all-time high in September
October 11, 2020, 11:15AM EDT
1 min read
Demand for Ethereum futures continues to grow, according to recent data from Skew and The Block Research. The monthly volume of Ethereum futures grew by 5.3% in September, from $163.1 billion to $172.2 billion. This figure broke the previous record high in August. Since the beginning of 2020, Ethereum futures volume has grown by nearly 320%.
Source: The Block Research, Skew
The ratio between bitcoin and ethereum futures volume has also dropped to new lows, from 9.6 at the beginning of 2020 to 2 in September.
The Block Research was commissioned by Algorand to create Layer-1 Platforms: A Framework for comparison, which provides a “look under the hood” at seven platforms: Algorand, Avalanche, Binance Smart Chain, Cosmos, Ethereum/Ethereum 2.0, Polkadot, and Solana.
We assess their technical design, related ecosystem data, and qualitative factors such as key ecosystem members to get an understanding of how they differ. Having done this analysis, we draw some insights for what the future of the broader smart contract landscape could look like for years to come.