Crypto exchanges have seen some $1.3 trillion in volume, according to data collected by The Block, the most-ever on record.
The amount eclipses the previous all-time high seen in February on legitimate exchanges, as shown in the chart below. April’s figure also represents the third month in a row that volumes have exceeded $1 trillion.
Significant market events this month include an all-time price high for bitcoin as well as a new single-day record for crypto futures liquidations after a market plunge last weekend.
At press time, bitcoin is trading hands at just over $50,000, according to data from Coinbase.