Robinhood reported a 21% monthly decline in cryptocurrency trading volume to $17 billion in October, leaving activity 48% below October 2025. Trading on the Robinhood app fell 24% from September to $6.8 billion, while Bitstamp volume declined 18% to $10.2 billion. Average daily crypto volume fell 26% on the app to $219 million and 21% at Bitstamp to $328 million, bringing the combined daily average to $547 million, compared with $548 million in the previously reported figures. Platform assets ended October at about $383 billion, down 3% from September but up 12% year over year, despite $15.1 billion in net deposits. Funded customers increased to 28.9 million, while cash and deposit balances fell to $16.4 billion. Event-contract volume rose 5% monthly and 136% annually to 5.9 billion contracts, more than doubling from a year earlier, and margin balances climbed 4% to $22.9 billion. In the third quarter, event-contract revenue reached $173 million, more than six times the year-earlier amount and $53 million above crypto transaction revenue. Robinhood is expanding its product offering through planned U.S. crypto perpetuals and earnings contracts. Goldman Sachs analyst James Yaro maintained a Buy rating but cut his price target to $115 from $128. Robinhood shares were down 4.22% at $77.92 at the time of publication, as cryptocurrency and broader markets also declined.