Robinhood recorded another monthly decline in Prediction Markets activity in August 2026, with Event Contracts traded falling 23% from July despite remaining dramatically higher than a year earlier. The US neobroker reported 4.7 billion Event Contracts traded during August, down from July’s level but still 15 times higher year-over-year. Average daily volumes (ADVs) declined by the same 23% month-over-month to 152 million contracts, although they remained 14 times above August 2025.
Robinhood Prediction Markets Trading Falls 23% in August
The August decline follows a 5% monthly drop in July, marking the second consecutive month of contraction after Prediction Markets activity surged during the second quarter. June, in particular, benefited from strong interest in World Cup-related Event Contracts, creating an unusually high comparison point for subsequent months.
For Robinhood, the key question is whether the recent declines represent normalization after the Q2 spike or the beginning of a more sustained slowdown in Prediction Markets activity.
Crypto trading rebounds
Crypto provided a contrasting trend in August. Robinhood reported $17.5 billion in crypto notional trading volume, up 61% from July, although still 38% below the year-ago level.
Robinhood App crypto volume rose 72% month-over-month to $7.4 billion, while Bitstamp generated $10.1 billion, up 53% from July. The rebound came as Bitcoin moved from the low-$60,000 range to above $80,000 during the month, providing a stronger trading environment for crypto clients.
Broader platform growth continues
Robinhood’s overall operating metrics remained strong. Funded customers reached 28.6 million, adding approximately 120,000 during August and 1.90 million year-over-year.
Total platform assets increased 8% month-over-month to $384 billion, while August net deposits reached $4.0 billion.
Equity notional trading volume climbed 1% from July to $335 billion, representing a 68% year-over-year increase. Options activity, however, declined 10% month-over-month to 293 million contracts while remaining 50% above August 2025.
Margin balances also continued to expand, reaching $21.5 billion, up 4% from July and 72% year-over-year. Meanwhile, securities lending revenue fell 10% month-over-month to $36 million.
Overall, August showed a mixed trading picture: Prediction Markets cooled further, while crypto and equities provided stronger monthly momentum.
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