Robinhood crypto volume jumps 61% in August, still down YoY

Robinhood crypto volume jumps 61% in August

Robinhood reported that its crypto trading volume increased 61% month‑on‑month in August, reaching $17.5 billion. The figure is still 38% lower than the same month a year earlier.

Key numbers

• August crypto volume: $17.5 billion
• Bitstamp contributed $10.1 billion
• Robinhood app contributed $7.4 billion
• Bitstamp volume up 53% from July, down 30% YoY
• Robinhood app volume up 72% MoM, down 46% YoY

What the operating report says

The August 2026 monthly operating report from Robinhood Markets Inc. provides the volume breakdown. It notes that crypto activity on the Robinhood Chain was not included in the reported numbers.

Confirmed details

• Bitstamp, acquired by Robinhood in June 2025, was the larger source of crypto volume in Q2, accounting for $22 billion of the $40 billion total.
• Crypto transaction revenue fell 38% YoY to $100 million in Q2, while other products drove record overall revenue.

Why the change matters

The rise in August volume shows renewed activity on Robinhood’s platform, but the year‑over‑year decline indicates the market is still below last‑year levels. The split between Bitstamp and the app highlights the importance of the acquired exchange.

Sources

• Cointelegraph