After driving its Q2 Revenues to new heights, US neobroker Robinhood (NASDAQ:HOOD) saw a decline among clients in Prediction Markets trading for the second month in a row in August 2026.

Prediction Markets slow

Reporting its August 2026 operating data, Robinhood said that Event Contracts traded in its Prediction Markets unit were 4.7 billion in the month, down 23% from July 2026, but still up 15x year-over-year.

The declines in July (-5% MoM) and August are somewhat understandable given the boost in volumes seen in Q2, and especially in June, around World Cup related Event Contracts. However given how much the business has grown overall at Robinhood as seen in the year-over-year figures, there is likely some concern about the direction of Prediction Markets trading going forward.

Crypto trading rising

On the other hand, Crypto trading – which had declined in Q2 to the point where income from Prediction Markets far outweighed Crypto at Robinhood – was up 61% from July 2026 at $17.5 billion. Not too surprising, given Bitcoin’s price leap from the low $60,000s up to above $80,000 mid month.

Overall Robinhood August 2026 data

Funded Customers at the end of August were 28.6 million, up approximately 120 thousand from the end of July 2026, and up approximately 1.90 million year-over-year.

Total Platform Assets at the end of August were $384 billion, up 8% from the end of July 2026, up 26% year-over-year.

Net Deposits were $4.0 billion in August, or a 14% annualized growth rate relative to July 2026 Total Platform Assets. Over the last twelve months, Net Deposits were $74.1 billion, or an annual growth rate of 24% relative to August 2025 Total Platform Assets.

Trading Volumes in August

• Equity Notional Trading Volumes were $335 billion (up 1% from July 2026, up 68% year-over-year). Average daily volumes (“ADVs”)3 were $16.0 billion (up 6% from July 2026, up 68% year-over-year).
• Options Contracts Traded were 293 million (down 10% from July 2026, up 50% year-over-year). ADVs were 13.9 million contracts (down 5% from July 2026, up 49% year-over-year).
• Crypto Notional Trading Volumes were $17.5 billion (up 61% from July 2026, down 38% year-over-year), including Robinhood App Notional Trading Volumes of $7.4 billion (up 72% from July 2026, down 46% year-over-year) and Bitstamp Notional Trading Volumes of $10.1 billion (up 53% from July 2026, down 30% year-over-year). Robinhood App ADVs were $239 million (up 72% from July 2026, down 46% year-over-year), and Bitstamp ADVs were $326 million (up 53% from July 2026, down 30% year-over-year).
• Event Contracts Traded were 4.7 billion (down 23% from July 2026, up 15x year-over-year). ADVs were 152 million contracts (down 23% from July 2026, up 14x year-over-year).

Interest Earning Assets in August: Margin balances at the end of August were $21.5 billion (up 4% from the end of July 2026, up 72% year-over-year).

Cash and Deposit balances at the end of August were $19.6 billion (up 1% from the end of July 2026, up 37% year-over-year).

Cash Sweep balances at the end of August were $31.2 billion (up 7% from the end of July 2026, down 9% year-over-year).

Total Securities Lending Revenue in August was $36 million (down 10% from July 2026, down 32% year-over-year). This includes Securities Lending, Net revenues of ($8) million.