加载图片中Coinbase posts $134.5 billion in Q3 trading volume as market share hits 10.7%

Coinbase official logo (public domain, Wikimedia Commons) — CryptoBriefing brand treatment

The exchange doubled its share of global crypto trading from a year earlier, even as spot activity across the industry cooled

Thu 29 Oct 2026 · 16:18 EDT · 2 min read

In Finance

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Coinbase handled $134.5 billion in trading volume during the third quarter of 2026. That gave the exchange a 10.7% share of global crypto trading, double its share from a year earlier.

The figures came with the company’s third-quarter results, released on October 29, 2026. They mark the fourth consecutive quarter in which Coinbase has increased its share of trading volume.

The numbers behind the quarter

Wall Street analysts had forecast approximately $134 billion in Q3 trading volume, so the $134.5 billion result landed almost exactly on target.

The more interesting number is the market share. Coinbase’s 10.7% in Q3 builds on the 10.3% it posted in the second quarter of 2026, which was itself a record at the time.

Overall trading volumes at major exchanges have run into headwinds, and spot trading activity across the market has declined.

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From trading desk to everything store

Coinbase was founded in 2012. For much of its history, its fortunes rose and fell with trading activity, and trading fees made up the bulk of the story.

The Q3 report leaned heavily on the company’s effort to fix that. Coinbase highlighted a push to diversify revenue beyond traditional trading fees, with prediction markets and stablecoin-related activity both contributing meaningfully.

Prediction markets were a standout. That business generated over $200 million in annualized revenue in the third quarter.

Beyond that, Coinbase has expanded into subscription services and staking. It has also rolled out what it calls the “Everything Exchange,” a platform designed to cover spot trading, derivatives and on-chain tools under one roof.

The company also leans on its regulatory footprint. Coinbase holds more than 80 regulatory licenses and a leading position in assets under custody, positioning it as a regulated venue for both retail and institutional users.

Disclosure: This article was edited by John Chen. For more information on how we create and review content, see our Editorial Policy.