Robinhood’s crypto trading volume rose 61% month-on-month to $17.5 billion in August, though it remained 38% below the year-earlier level.

The online brokerage said in its August 2026 monthly operating report, published Thursday, that Bitstamp accounted for $10.1 billion of the total, while the Robinhood app accounted for $7.4 billion.

Bitstamp’s volume rose 53% from July but fell 30% year-on-year, while the Robinhood app volume increased 72% month-on-month but dropped 46% from August 2025.

Bitstamp, the crypto exchange Robinhood acquired in June 2025, was also the larger contributor to the company’s crypto volume in the second quarter. It accounted for $22 billion of Robinhood’s $40 billion total, compared with $18 billion from the Robinhood app.

Robinhood’s crypto transaction revenue fell 38% year-on-year to $100 million in the second quarter, from about $160 million a year earlier. Growth in event contracts, options and equities more than offset the decline, allowing the brokerage to post record quarterly revenue and earnings.