Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesEarnWeb3SquareMore
Trade
Spot
Buy and sell crypto with ease
Margin
Amplify your capital and maximize fund efficiency
Onchain
Going Onchain, without going Onchain!
Convert
Zero fees, no slippage
Explore
Launchhub
Gain the edge early and start winning
Copy
Copy elite trader with one click
Bots
Simple, fast, and reliable AI trading bot
Trade
USDT-M Futures
Futures settled in USDT
USDC-M Futures
Futures settled in USDC
Coin-M Futures
Futures settled in cryptocurrencies
Explore
Futures guide
A beginner-to-advanced journey in futures trading
Futures promotions
Generous rewards await
Overview
A variety of products to grow your assets
Simple Earn
Deposit and withdraw anytime to earn flexible returns with zero risk
On-chain Earn
Earn profits daily without risking principal
Structured Earn
Robust financial innovation to navigate market swings
VIP and Wealth Management
Premium services for smart wealth management
Loans
Flexible borrowing with high fund security
Data: In January, the trading volume of stablecoins on the chain decreased by 10.5%, and the trading volume of legal CEX spot decreased by 18.2%.

Data: In January, the trading volume of stablecoins on the chain decreased by 10.5%, and the trading volume of legal CEX spot decreased by 18.2%.

Bitget2025/02/04 06:06
On February 4th, according to a post by The Block Chief Research Officer @lars0x, several indicators of the cryptocurrency market reached historic highs in January 2025. The adjusted total on-chain trading volume decreased by 10.5% to $600 billion (BTC: -4.4%, ETH: -23%). The adjusted on-chain trading volume of stablecoins decreased by 6.3% to $1.32 trillion, and the supply of publishers increased by 3.1% to reach a new high of $175.20 billion, with USDT accounting for 78% and USDC accounting for 19.6%.
 
BTC miners' income fell 2.8% to $1.40 billion in January, while ETH stakers' income fell 9.7% to $309 million. A total of 33,906 ETH was destroyed in January, equivalent to $113.20 million. Since the implementation of EIP-1559 in early August 2021, a total of 4.56 million ETH has been destroyed, equivalent to $12.90 billion. Monthly NFT market trading volume on Ethereum fell 41.3% to $519.20 million.
 
Legal CEX spot trading volume fell 18.2% to $1.65 trillion in January, and the monthly net flow of all BTC spot ETFs was + $4.90 billion. Bitcoin futures non-position squaring contracts increased by 6%, and Ethereum futures non-position squaring contracts increased by 1% to reach new highs. BTC monthly futures trading volume fell by 5.9% to $1.84 trillion. CME Bitcoin futures non-position squaring contracts increased by 3% to a new high of $18.20 billion (daily average trading volume increased by 1.3% to $10.27 billion, reaching a new high). ETH futures monthly trading volume fell by 20.7% to $817 billion. Bitcoin options non-position squaring contracts increased by 61%; Ethereum options non-position squaring contracts increased by 30%. BTC monthly options trading volume increased by 12% to $89 billion, while ETH monthly options trading volume decreased by 16.2% to $19.40 billion.
0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

PoolX: Locked for new tokens.
APR up to 10%. Always on, always get airdrop.
Lock now!