Historical operating KPI

Coinbase Trading Volume History

Name: Coinbase Trading Volume quarterly history
Creator: VizualStocks

Latest reported: $202B
Period: Q1 2026
QoQ: -31.8%
YoY: -48.6%

Metric ID: totalTradingVolume
Frequency: quarterly
Status: active

About this KPI

Why it matters

Trading volume measures the total dollar value of consumer and institutional crypto trading transacted through Coinbase during the quarter.

Why investors follow it

The history helps investors track crypto-market activity, retail and institutional participation, and the transaction base supporting Coinbase's trading revenue.

What it does not tell you

Trading volume does not reveal asset mix, take rate, consumer versus institutional mix, market share, custody assets, subscription revenue, transaction revenue, margins or cash flow.

Maintained history, without the manual work

Pull this maintained history through the VizualStocks API instead of rebuilding it from filings every quarter.

Use this in your productUse in your productView API documentationView API docs

GET/v1/companies/COIN/metrics/totalTradingVolume?order=asc

Understanding Trading Volume

What changed in Coinbase trading volume in Q4 2025?

Coinbase added half the trade value of spot trades routed off-platform for fulfillment. Keep that reporting change in view when comparing periods across Q4 2025.

Issuer definition

Why can trading volume and revenue grow differently?

Fee rates and the mix of consumer and institutional trades affect monetization. Volume measures activity, while transaction revenue measures what Coinbase earns from that activity.