Catenaa, Saturday, September 19, 2026- Robinhood’s crypto trading volume jumped 61% in August to $17.5 billion from $10.9 billion in July, although activity remained below levels recorded a year earlier.
The company disclosed the figures in its latest monthly operating data.
August crypto volume was still 38% below the $28.1 billion processed during the same month in 2025.
Robinhood’s main app accounted for $7.4 billion of the total, up 72% from July but down 46% from a year earlier.
Bitstamp, which Robinhood acquired in 2025, contributed $10.1 billion, up 53% month over month.
Combined crypto trading across the two platforms averaged about $565 million per day.
The rebound came alongside broader growth across Robinhood’s business.
Total platform assets reached $384 billion, up 26% from a year earlier.
Funded customers increased to 28.6 million, while margin balances rose to $21.5 billion, up 72% year over year.
Robinhood defines funded customers as users who have completed at least one transaction during the previous 45 days.
Prediction markets continued to show even faster growth.
Robinhood users traded 4.7 billion event contracts in August.
That was down 23% from July but roughly 15 times the 300 million contracts traded in August 2025.
Event contracts allow users to take positions on yes-or-no outcomes involving subjects such as Federal Reserve decisions, sports and political events.
The products have become an increasingly important source of revenue for Robinhood.
During its most recent quarterly results, event-contract revenue rose more than tenfold from a year earlier to $156 million, surpassing crypto as a source of transaction-based revenue.
Robinhood offers prediction-market products through Kalshi and ForecastEx, as well as through its Rothera joint venture.
Rothera had processed more than 3.5 billion contracts since launching in June, according to figures cited by Decrypt.
Rapid growth in prediction markets has also attracted regulatory scrutiny.
More than 10 bills have been introduced in Congress this year dealing with prediction-market activity.
One proposal, the PREDICT Act, would restrict senior government officials and members of Congress from trading contracts tied to political events.
Critics have questioned whether offering sports and political event contracts alongside traditional investment products blurs the boundary between financial markets and gambling.
Robinhood is also expanding its blockchain infrastructure.
Robinhood Chain, the company’s Ethereum Layer 2 network, recorded about $1.6 billion in daily decentralized-exchange trading volume as of September 1.
That represented a 61% increase in four days, according to Decrypt.
Despite the stronger operating figures, Robinhood shares slipped 0.83% after the data was released.
The decline came even as analysts at Mizuho and StoneX raised their price targets on the stock.
Robinhood’s next quarterly earnings report is expected on November 4.
The August figures show that crypto trading has rebounded sharply from July, but prediction markets are emerging as an increasingly important growth engine for the company.
