Exodus processed $376.8 million in crypto exchange volume in August, up roughly 20% from $314.8 million in July, while monthly active users remained flat at 1.4 million. The company’s payments business recorded $356.8 million in gross transaction volume, a roughly 6% increase from $338.0 million in July and nearly 18% growth since June. XO Swap partners accounted for 23% of August exchange volume, matching July’s share. CFO James Gernetzke said the company was encouraged by the direction of exchange volumes but cautioned that one strong month does not establish a trend. Exodus is integrating payments company Monavate to reduce costs and improve the customer experience.