OKcoin presents
State of the Cryptoverse
From token moves to Twitter feuds, see what
happened this year in crypto from data by Okcoin and our partners.
From token moves to Twitter feuds, see what
happened this year in crypto from data by Okcoin and our partners.
This year, Bitcoin flipped silver as the 6th most valuable asset in the world when it reached all time highs of $69,044.
An increasingly diverse set of investors bought bitcoin this year and the numbers show it.
It’s been a huge year for bitcoin, but we saw explosive altcoin growth too.
Bitcoin market cap growth
Ethereum price growth
We rebranded in April and customer growth skyrocketed, making 2021 our best year ever.
Young people, women, and developing nations were the biggest growth drivers in 2021.
24% of our customers are women as of 2021 and we’re aiming to make that 50% by 2025.
2021 has been the year of global crypto adoption with emerging markets seeing spectacular growth.
2021 was the year of diamond hands 💎 🙌, the symbol of people with long-term crypto conviction who don’t intend to sell anytime soon.
Quantity of bitcoin (BTC) that has not moved in a year
This equates to more than half of BTC in existence
increase in BTC holders
Supply of BTC that has not moved in a year
Okcoin customers are also leveraging the power of recurring buys to buy a little at a time and avoid the stress of trying to time the market.
Bitcoin remains king, but our customers love their Stacks (STX). We were the first to list STX in 2020 and it has since become, excluding Bitcoin and Ethereum, our one of our customer’s favorites and first assets to buy.
Bitcoin
Ethereum
MiamiCoin
Litecoin
Stacks
Lightning burst onto the scene in a big way. Not only did El Salvador enable lightning transactions for the entire country, but the total Lightning capacity quadrupled.
In March, Okcoin became the first and remains the only U.S. licensed exchange to integrate Lightning for deposits and withdrawals.
In a few months, our Lightning node has:
largest node by capacity
capacity across 90 channels
growth in capacity since June 2021
activity on Lightning on Okcoin since launch
growth in transaction per user per month
While transactions are mostly in the US, we’re seeing more people in developing countries use Lightning.
People have started talking about crypto a lot more this year. According to our friends at LunarCrush, here are some of the most discussed crypto stories and people on social media this year.
This was the year of DeFi growth. More than $75B worth of assets found their way into DeFi this year, a 5x increase from 2020. Total value of assets in DeFi peaked at $86.59B in September.
TVL is the metric used to measure the sum of all assets deposited into DeFi protocols earning rewards.
combined market cap
staking rewards value
Rank | Name | Chain | Category | Locked (USD) | 1 Day% |
---|---|---|---|---|---|
Rank1 | NameMaker | ChainEthereum | CategoryLending | Locked (USD)$19.23B | 1 Day%3.73% |
Rank2 | NameCurve Finance | ChainMultichain | CategoryDEXes | Locked (USD)$15.23B | 1 Day%- |
Rank3 | NameInstaDApp | ChainEthereum | CategoryLending | Locked (USD)$12.00B | 1 Day%1.47% |
Rank4 | NameAave | ChainMultichain | CategoryLending | Locked (USD)$11.68B | 1 Day%8.03% |
Rank5 | NameCompound | ChainEthereum | CategoryLending | Locked (USD)$11.12B | 1 Day%4.69% |
You can get even more from your crypto with our
fee-free staking and DeFi offers with Okcoin Earn.
The foundation of all this growth is the developers building every day.
The foundation of all this growth is the developers building every day.
monthly active developers working in crypto
monthly active developers working on Ethereum
That’s all the more impressive knowing Bitcoin’s development relies exclusively on community-funded volunteers. Not many people know this though so we published a free eBook earlier this year to explain how Bitcoin development works, how it’s funded, and how we can all help.
Let’s just say this year was kind of a big deal.
And it all couldn’t have happened without you.
Way to hold it down all the way to 2022.
New customer offer
Existing customer offer