Robinhood's crypto trading volume fell 48% year over year to $17 billion in October, while event contracts traded rose 136% to 5.9 billion, its data showed.
Key Facts
Robinhood's crypto notional trading volume fell to $17.0 billion in October, down 48% from a year earlier and 21% from September.
Volume on the Robinhood app fell 51% year over year to $6.8 billion, and Bitstamp volume fell 45% to $10.2 billion.
Event contracts traded rose 136% from a year earlier to 5.9 billion, while equity notional volume rose 2% year over year.
Robinhood's crypto trading volume fell 48% from a year earlier to $17.0 billion in October, while event contracts traded on its platform more than doubled, according to the company's monthly operating data.
Crypto volume was down 21% from September, Robinhood said. Volume on the Robinhood app fell 51% year over year to $6.8 billion, while its Bitstamp exchange handled $10.2 billion, down 45%.
The figures were released on Thursday in Robinhood's October operating data, which show average daily crypto volume of $548 million, down from $1.05 billion a year earlier.
Robinhood's crypto trading volume, including Bitstamp, fell 48% from a year earlier to $17 billion in October. Source: Robinhood
Event Contracts and Equities
Event contracts traded rose 136% from a year earlier to 5.9 billion, and 5% from September, the data showed. Robinhood counted 31 trading days for crypto and prediction markets in October, compared with 30 in September.
Equity notional trading volume rose 2% year over year to $325 billion, and options contracts traded rose 8% to 289 million.
Deposits and Assets
Net deposits were $15.1 billion in October, and total platform assets were $383 billion, down 3% from September and up 12% from a year earlier. Funded customers rose to 28.9 million.
Margin balances rose 39% from a year earlier to $22.9 billion. Cash and deposit balances fell 20% from September, mostly because of strong customer net buying, and that decline has largely reversed in early November, the company said.
Gemini also reported lower activity, saying its third-quarter trading volume fell 73%. Bitstamp's volume first overtook the Robinhood app's in 2025.
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