Robinhood Crypto Volume Rises 61% to $17.5 Billion in August Rebound

XO Swap partners accounted for 23% of Exodus’ August exchange volume, the same share as in July, indicating that partner activity remained a consistent component of the platform’s trading business.
Exodus said payments growth came before the full benefit of operational initiatives, while the company continued integrating Monavate and pursuing payments-infrastructure and cost-reduction measures.
Robinhood’s August figures excluded crypto volume from Robinhood Chain, meaning the reported $17.5 billion total does not represent all activity across the company’s crypto-related infrastructure.
Bitstamp was already Robinhood’s larger source of crypto volume in the second quarter, generating $22 billion of the company’s $40 billion total versus $18 billion from the Robinhood app.
Robinhood’s crypto transaction revenue fell 38% year over year to about $100 million in the second quarter, although growth in event contracts, options and equities helped drive record overall quarterly revenue and earnings.
Robinhood's crypto trading volume jumped 61% in August to $17.5 billion, bouncing back from a slow July when volume stood at $10.9 billion Crypto News. The rebound masks a bigger problem: August's volume was still 38% below August 2025, showing that year-over-year weakness persists Finance Magnates.
Bitstamp, the exchange Robinhood acquired in 2025, accounted for $10.1 billion of the $17.5 billion total Crypto-Economy. The Robinhood app itself generated $7.4 billion in crypto volume, down 46% from a year earlier Finance Magnates. This split shows that Robinhood's own platform is struggling even as the overall company posts bigger numbers.
Exodus, a separate crypto platform, processed $376.8 million in exchange volume during August, up 20% from July. But monthly active users stayed flat at 1.4 million, suggesting existing customers are trading more rather than new people joining Crypto News. Payment transaction volume rose 6% to $356.8 million, though Exodus said these gains came before the full benefit of ongoing operational changes Decrypt. The company is integrating Monavate and working on cost-reduction measures.
Robinhood's crypto transaction revenue fell 38% year over year to roughly $100 million in the second quarter Yahoo Finance. The monthly trading bounce does not fully offset this revenue decline. The company is counting on growth in event contracts, options, and equities to drive profit, which helped Robinhood hit record quarterly revenue and earnings despite crypto headwinds Decrypt.
Bitstamp was already Robinhood's larger volume source in the second quarter, generating $22 billion of the company's $40 billion total compared to $18 billion from the Robinhood app Crypto-Economy. This pattern held into August. Notably, these figures exclude volume from Robinhood Chain, meaning the reported totals do not capture all activity across the company's crypto infrastructure.
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