Robinhood crypto volume falls 48% to $17B in October

Key points

  • Robinhood customers traded $17B of crypto in October, down 48% year over year
  • Event contracts traded rose 136% year over year to 5.9 billion
  • Robinhood app crypto volume fell 51% and Bitstamp fell 45% versus October 2025
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Metric

Value

October crypto volume

$17.0B

Crypto change Y/Y

-48%

Crypto change M/M

-21%

Event contracts traded

5.9B

Event contracts change Y/Y

+136%

Crypto average daily volume

$548M

Robinhood released its October 2026 operating data on Thursday: customers traded $17.0B of crypto, 48% less than in October 2025, while event contracts traded reached 5.9 billion, more than double a year earlier.

Both platforms declined

Volume in the Robinhood app came to $6.8B, down 24% from September and 51% year over year. Bitstamp, the exchange in the Robinhood group, handled $10.2B, down 18% month over month and 45% year over year.

Segment

Oct 2026

Sept 2026

Oct 2025

Y/Y change

Total crypto

$17.0B

$21.4B

$32.5B

-48%

Robinhood app

$6.8B

$8.9B

$13.9B

-51%

Bitstamp

$10.2B

$12.5B

$18.6B

-45%

Average daily crypto volume was $548M, compared with $713M in September and $1,048M in October 2025. Daily average crypto trades slipped to 0.7 million, from 0.9 million in September and 1.1 million a year earlier.

Event contracts reach 5.9 billion

Customers traded 5.9 billion event contracts in October, up 5% from 5.6 billion in September and 136% above the 2.5 billion traded in October 2025.

  • Average daily volume: 190 million contracts, up 135% year over year from 81 million
  • Crypto and prediction markets both had 31 trading days in October
  • Equities and options had 22 trading days, one fewer than in October 2025

The rest of the platform held up better

  • Equity notional volume: $325.5B, up 2% year over year
  • Options contracts traded: 288.6 million, up 8% year over year
  • Margin balances: $22.9B, up 39% year over year
  • Funded customers: 28.9 million, up 130,000 in the month and 1.8 million year over year
  • Net deposits: $15.1B in October, $80.5B over the last twelve months
  • Total platform assets: $383.2B, down 3% month over month, up 12% year over year

Cash and deposit balances fell 20% to $16.4B. Robinhood attributes the drop to strong customer net buying and says it has largely reversed in early November.

Total securities lending revenue was $34M, up 6% from September but down 43% year over year. The monthly figures are unaudited and preliminary, and final fourth-quarter results in the company's SEC filings may differ.

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