Robinhood Crypto Trading Volume Jumps 61% in August

In brief

• Robinhood's crypto trading volume rose 61% month over month to $17.5 billion in August, according to new operating data.
• The figure remains 38% below last August's total.
• Event contracts, Robinhood's prediction market bets, traded 4.7 billion times in August, roughly 15 times the volume from a year earlier, even as Congress moves to rein in the products.

Robinhood's notional crypto trading volume—the total dollar value of all crypto assets bought and sold on the platform—rose 61% in August to $17.5 billion, according to operating data the company released Thursday.

The rebound followed a slow July, when volume sat at $10.9 billion. Even with the jump, August's total came in 38% below the $28.1 billion Robinhood processed in the same month last year.

The Robinhood app handled $7.4 billion of that volume, up 72% from July but down 46% from a year ago. Bitstamp, the exchange Robinhood bought in 2025, contributed the larger share at $10.1 billion, up 53% month over month. Together, the two platforms averaged $565 million a day in trading.

Crypto is a small slice of a much bigger balance sheet. Total platform assets reached $384 billion, up 26% year over year, while funded customers (users that have completed at least one transaction in the last 45 days) grew to 28.6 million. Margin loans—money Robinhood lends customers to trade with borrowed cash—climbed to $21.5 billion, up 72% from a year ago.