Why a $20 billion Bitstamp slump makes Robinhood’s retail app look far weaker than it really is
Bitstamp volume fell 48% from Q1 to Q2, compared with a 25% decline on the Robinhood App. The App metric also began including WonderFi trades in June.
Get the latest Robinhood crypto news, including trading products, token listings, regulatory updates, and digital asset expansion.
Robinhood’s new chain lets third-party markets form around its brand, adding a question about where the broker ends and permissionless infrastructure begins.
New blockchain, tokenized stock and DeFi products deepen its crypto bet, but prediction markets may be catching up faster.
Indonesia gives Robinhood something the US no longer can: a young, mobile market where stocks and tokens already live in the same feed.
Amid these results, Hyperliquid's HYPE token registered a new all-time high of $57.30 on Sept. 12, up by roughly 760% since its launch.
Hyperliquid traded $330.8 billion in combined spot and perpetual volume during July, while Robinhood processed $237.8 billion across all products.
Robinhood's expansion efforts drive crypto revenue to new heights while Kraken strengthens regulatory foothold.