Quick Take Total adjusted on-chain volume increased by 40%, to $831 billion. A total of 137,088 Ethereum, equivalent to $429 million, was burned. Monthly volume of NFT marketplaces on Ethereum increased by 21.6% to $7.2 billion. Centralized exchange spot trading volumes decreased by 6.7% to $694.6 billion. Except for Ethereum options volume, derivatives open interest and trade volumes declined across the board.