Robinhood’s Crypto Trading Volume Up 61% in August Despite 38% Year-on-Year Decline
In August 2026, Robinhood’s crypto trading volume rose 61% month-on-month to $17.5 billion, but remained 38% lower than in August 2025. The company’s report highlights Bitstamp, the crypto exchange it acquired in June 2025, as the main contributor to this volume. Meanwhile, Robinhood’s crypto transaction revenue for Q2 declined 38% year-over-year but was offset by growth in event contracts, options, and equities, allowing the company to achieve record quarterly revenues and earnings.
Trading Volume by Platform
Robinhood’s total crypto trading volume hit $17.5 billion in August 2026, marking a 61% increase month-on-month. Of this figure, $10.1 billion was traded on Bitstamp, while $7.4 billion occurred through the Robinhood app. Bitstamp's volume increased 53% from July but was down 30% year-over-year. The Robinhood app saw a 72% month-on-month rise in volume yet experienced a 46% drop compared to August 2025.
Bitstamp, which Robinhood acquired in June 2025, played a significant role in the company’s crypto volume in Q2 2026. Bitstamp accounted for $22 billion out of a total $40 billion crypto trading volume, with the Robinhood app contributing $18 billion during the same period.
Financial Performance and Additional Notes
Robinhood’s crypto transaction revenue declined 38% year-over-year from about $160 million to $100 million in Q2. However, strong growth in event contracts, options, and equities offset the crypto revenue decline, leading Robinhood to record its highest quarterly revenues and earnings.
The August report also specified that crypto volume from the Robinhood Chain was excluded from the data presented, indicating potential additions in future disclosures.
Why it matters
The 61% increase in trading volume in August demonstrates Robinhood’s ability to rebound in the crypto market despite a steep 38% annual decline. The acquisition of Bitstamp has been pivotal in stabilizing volumes, highlighting the company’s strategy of expansion through acquisitions. Although crypto transaction revenue dropped, growth in other trading products helped offset this decline, enabling Robinhood to maintain financial resilience and achieve record revenues. The exclusion of Robinhood Chain volumes suggests ongoing ecosystem development that may further impact future metrics.
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