Robinhood reports 24% increase in daily crypto trading volume in September

Robinhood’s crypto trading desk just posted its second consecutive month of meaningful growth. Daily notional crypto trading volume climbed 24% in September compared to August, extending a streak that saw August volumes surge 61% over July.

The numbers in context

August’s notional crypto trading volume came in at $17.5B, up from $10.9B in July. That works out to roughly $565M in average daily trading volume for the month.

If September’s 24% daily increase holds across the full month, the platform would be tracking somewhere north of $700M per day.

But zoom out and the picture gets more complicated. August 2026’s $17.5B in crypto volume was still 38% lower than August 2025, when traders pushed $28.1B through the platform.

The volume split between Robinhood’s two crypto channels is worth noting. In August, Bitstamp, the exchange Robinhood acquired, contributed $10.1B of the total. The Robinhood app itself accounted for $7.4B.

Robinhood Chain enters the picture

Robinhood Chain, the company’s proprietary blockchain that launched in July, has been generating daily decentralized exchange activity exceeding $1.5B as of early September.

Those on-chain figures are counted separately from the notional trading volumes Robinhood reports in its operating metrics. In other words, the 24% increase in daily crypto trading volume doesn’t include what’s happening on Robinhood Chain.

Broader business health

As of August, the platform counted 28.6 million funded customers. Total assets approached $384B, a 26% increase year-over-year.

In August, Bitstamp’s $10.1B contribution means the acquisition is already pulling significant weight within the overall crypto strategy.