120 million users use Coinbase monthly, and 8.7 million users complete transactions.
Coinbase’s market cap reached $81.75 billion, with a 919% growth since 2022, while its TTM revenue reached $6.71 billion.
This report provides a comprehensive overview of Coinbase statistics, revenue trends, Transaction volume, asset performance, and more, based on the latest verified data from industry-leading sources.
Top Coinbase User Statistics 2026
- Monthly users: Around 120 million people use Coinbase each month.
- Active traders: 8.7 million monthly transacting users.
- Market cap: $81.75 billion.
- Company valuation: $6.71 billion.
- Top asset: In Q2 2025, Bitcoin made up 34% of Coinbase’s total trading volume.
How Many Users Does Coinbase Have?
- There are 120 million monthly Coinbase users.
- The user base has grown by 20% since 2024.
| Sr. No. | Year | Total Users (Million) |
|---|---|---|
| 1 | 2025 | 120 |
| 2 | 2024 | 96 |
Source: Coinlaw
- Coinbase One has accumulated approximately 1 million users this year.
- It is a monthly subscription-based service that offers members access to exclusive benefits, including zero trading fees and enhanced account protection.
Source: Coinbase One
Coinbase Daily & Monthly Active Users (MAUs & DAUs)
- In the second quarter of 2025, 8.7 million individuals used Coinbase each month to complete their transactions.
- The overall count of monthly users expanded by 222%. That number stood at 2.7 million in the first quarter of 2018 and reached 8.7 million in the second quarter of 2025.
- The system got its highest user number in the last three months of 2021. It had 11.4 million users then. It has grown by 54.05% from the previous quarter of 2021, when it was 7.4 million users.
| Sr. No. | Year | Monthly Transacting Users (MTUs) |
|---|---|---|
| 1 | Q2’25 | 8.7 million |
| 2 | Q1’25 | 9.7 million |
| 3 | Q4’24 | 7 million |
| 4 | Q3’24 | 7.8 million |
| 5 | Q2’24 | 8.2 million |
| 6 | Q1’24 | 8 million |
| 7 | Q4’23 | 7 million |
| 8 | Q3’23 | 6.7 million |
| 9 | Q2’23 | 7.3 million |
| 10 | Q1’23 | 8.4 million |
| 11 | Q4’22 | 8.3 million |
| 12 | Q3’22 | 8.5 million |
| 13 | Q2’22 | 9 million |
| 14 | Q1’22 | 9.2 million |
| 15 | Q4’21 | 11.4 million |
| 16 | Q3’21 | 7.4 million |
| 17 | Q2’21 | 8.8 million |
| 18 | Q1’21 | 6.1 million |
| 19 | Q4’20 | 2.8 million |
| 20 | Q3’20 | 2.1 million |
| 21 | Q2’20 | 1.5 million |
| 22 | Q1’20 | 1.3 million |
| 23 | Q4’19 | 1 million |
| 24 | Q3’19 | 1.2 million |
| 25 | Q2’19 | 1.3 million |
| 26 | Q1’19 | 800k |
| 27 | Q4’18 | 850k |
| 28 | Q3’18 | 920k |
| 29 | Q2’18 | 1.2 million |
| 30 | Q1’18 | 2.7 million |
Source: TheBlock
- Coinbase has shifted its focus from reporting general active user metrics to a more relevant measure, that is, the monthly transacting users, which reflects the number of users actively engaging in transactions on the platform each month. (Source: Fintechweekly)
Coinbase Valuation
- By 2025, Coinbase had a market value of $81.75 billion, ranking it 176th among large companies.
- Its market value increased by 412.03% in 2023. This occurred after an 85.21% decline in 2022.
- Between 2022 and 2025, the market’s worth expanded more than ten times; it went from $8.03 billion to $81.75 billion, which represented a 919% increase.
- By 2025, the market’s worth stood at $81.75 billion. This sum was approximately half a million more than its 2021 figure.
| Sr. No. | Date | Market Cap | % Change |
|---|---|---|---|
| 1 | 2025 | $81.75B | 30.07% |
| 2 | 2024 | $62.16B | 49.39% |
| 3 | 2023 | $41.61B | 418.03% |
| 4 | 2022 | $8.03B | -85.21% |
| 5 | 2021 | $54.31B | – |
Source: StockAnalysis
Coinbase Revenue
- ICoinbase’s revenue over the last twelve months in 2025 totaled $6.71 billion. This represents a 49% increase from the year before.
- Coinbase revenue peaked at $7.84 billion in 2021, up 514.76 % from the prior year.
- The revenue fell by 59.82% in 2022. It went from $7.84 billion to $3.15 billion.
| Sr. No. | Fiscal Year End | Revenue | Change | Growth |
|---|---|---|---|---|
| 1 | 2024 | 6.29B | 3.37B | 115.04% |
| 2 | 2023 | 2.93B | -222.28M | -7.06% |
| 3 | 2022 | 3.15B | -4.69B | -59.82% |
| 4 | 2021 | 7.84B | 6.56B | 514.76% |
| 5 | 2020 | 1.27B | 752.04M | 143.85% |
Source: StockAnalysis
- Bitcoin led Coinbase’s transaction revenue with a 34% share in Q2 2025.
- Ethereum fell from 17% in Q2 2024 to 12% in Q2 2025, with a steady decline.
| Sr. No. | Assets | Q2’24 | Q3’24 | Q4’24 | Q1’25 | Q2’25 |
|---|---|---|---|---|---|---|
| 1 | Bitcoin | 31% | 35% | 27% | 26% | 34% |
| 2 | Ethereum | 17% | 16% | 10% | 10% | 12% |
| 3 | Solana | 10% | 11% | * | * | * |
| 4 | XRP | * | * | 14% | 18% | 13% |
| 5 | Other crypto assets | 42% | 38% | 49% | 36% | 41% |
| 6 | Total | 100% | 100% | 100% | 100% | 100% |
Source: Coinbase Q2
Coinbase Profit
- Coinbase’s gross profit for the twelve months through 30 June 2025 hit $5.67 billion, up from $2.51 billion in 2023. The jump equals 125.9%.
- Profit margin sank to -83.36 % in 2022, rebounded to 40.96 % in 2024, and reached 42.66 % in the twelve months to June 2025.
| Sr. No. | Fiscal Year | Gross Profit | Profit Margin |
|---|---|---|---|
| 1 | TTM (June 30, 2025) | $5.67 billion | 42.66% |
| 2 | FY 2024 | $5.4 billion | 40.96% |
| 3 | FY 2023 | $2.51 billion | 3.24% |
| 4 | FY 2022 | $2.52 billion | -83.36% |
| 5 | FY 2021 | $6.57 billion | 39.52% |
| 6 | FY 2020 | $1.14 billion | 8.49% |
Source: StockAnalysis
How Many Cryptocurrencies Does Coinbase Trade With?
- Coinbase handles 9,266 total assets, out of which only 313 are tradable. Its top assets are Bitcoin, Ethereum, XRP, Tether, & Solana. Source: Coinbase
- Coinbase Prime supports more than 250 digital assets and 320 different trading pairs. Clients can also custody over 440 digital assets across 38 different chains through one of our secure and regulated custodians. Source: Coinbase Help
- In Q2 2025 alone, Coinbase listed 21 new cryptocurrencies.
- Through its custody service, Coinbase secures over 440 digital assets across 38 different blockchain networks.
| Sr. No. | Category | Total Supported |
|---|---|---|
| 1 | Tradable cryptocurrencies (retail) | 313 |
| 2 | Assets supported on Coinbase Prime | 250+ |
| 3 | Trading pairs on Coinbase Prime | 320 |
| 4 | Custodied assets across 38 chains | 440+ |
| 5 | New tokens listed in Q2 2025 | 21 |
Source: Coinbase Prime, Tradingview, Coinbase
Coinbase Exchange & Trading Volume
- Coinbase exchange is the custodian for 80%+ of US BTC and ETH ETF assets for 8 of the 10 public companies holding BTC.
- The total trading volume in Q2, 2025, was $237 billion, 40% down from the last quarter.
- Institutional custody share reached an all-time high, holding $245.7 billion in Assets Under Custody (AUC).
- Bitcoin held 30% of Coinbase’s trading volume, the highest of any solo cryptocurrency in Q2 2025,
- Following it with half its volume was Ethereum with 15% of trade volume.
- XRP & Tether (USDT), which contributed to 11% & 13% trading volumes in Q1 2025, went less than 10% in the second quarter.
| Sr. No. | Assets | Q2’24 | Q3’24 | Q4’24 | Q1’25 | Q2’25 |
|---|---|---|---|---|---|---|
| 1 | Bitcoin | 35% | 37% | 27% | 27% | 30% |
| 2 | Ethereum | 15% | 15% | 10% | 11% | 15% |
| 3 | XRP | * | * | * | 11% | * |
| 4 | USDT | 10% | 15% | 15% | 13% | * |
| 5 | Other crypto assets | 40% | 33% | 48% | 38% | 55% |
| 6 | Total | 100% | 100% | 100% | 100% | 100% |
*Below reporting threshold of 10%.
Source: Coinbase Q2
Coinbase Trading Volume (Institutional)
- Companies handled 84.6% to 92.7% of Coinbase trades each quarter, with the third quarter of 2024 seeing the peak.
- Their volume jumped 128.5% from that $151 billion peak to $345 billion in the fourth quarter of 2024, and slid 38.4% by the second quarter of 2025.
| Quarters | Q2’24 | Q3’24 | Q4’24 | Q1’25 | Q2’25 |
|---|---|---|---|---|---|
| Institutional | 189 billion | 151 billion | 345 billion | 315 billion | 194 billion |
Source: Coinbase Q2
Coinbase Trading Volume (Retail)
- Consumer trade volume changes significantly between quarters. It fell to $34 billion in the third quarter of 2024 and then rose to $94 billion in the fourth quarter of 2024.
- The average consumer trading volume over all the quarters is $57.2 billion.
| Quarters | Q2’24 | Q3’24 | Q4’24 | Q1’25 | Q2’25 |
|---|---|---|---|---|---|
| Consumer | 37 billion | 34 billion | 94 billion | 78 billion | 43 billion |
Source: Coinbase Q2
- Coinbase’s market share remained consistent at 6–7% for 10 out of the 12 months.
- Only two months (Sep-24 and Jun-25) saw a dip to 4% and 5%, respectively.
| Sr. No. | Month | Coinbase% | Total Trading Volume ($Trillions) |
|---|---|---|---|
| 1 | Jul-24 | 6% | 1.0% |
| 2 | Aug-24 | 6% | 1.1% |
| 3 | Sep-24 | 4% | 0.9% |
| 4 | Oct-24 | 6% | 1.1% |
| 5 | Nov-24 | 7% | 2.5% |
| 6 | Dec-24 | 7% | 2.9% |
| 7 | Jan-25 | 7% | 2.2% |
| 8 | Feb-25 | 7% | 1.7% |
| 9 | Mar-25 | 7% | 1.4% |
| 10 | Apr-25 | 7% | 1.3% |
| 11 | May-25 | 6% | 1.5% |
| 12 | Jun-25 | 5% | 1.1% |
Source: Coingecko report 1, Coingecko report 2
What Is The Global Crypto Adoption Rate?
- There are over 560 million cryptocurrency users worldwide.
(Source: TripleA) - Based on the current global population of 8.2 billion, this translates to a global cryptocurrency adoption rate of approximately 13.29%.
(Source: Worldometers) - Coinbase’s user base stands at around 120 million, meaning it serves about 19.45% of all global cryptocurrency users. This makes Coinbase the 3rd-largest platform globally for spot trading, after Binance & Bybit.
(Source: Coinmarketcap) - While Coinbase serves 120 million users globally, Binance leads with approximately 250 million users.
(Source: Binance About Us, Coinlaw) - In parallel, global crypto wallet adoption is rising. Mobile wallet installations reached 982 million, marking a 13.8% year-over-year increase.
(Source: Coinlaw 2) - Coinbase’s mobile app ranks among the most downloaded in the category, further cementing its role as a key gateway for new and existing crypto users.
(Source: Researchgate) - Coinbase holds 6.9% of the global cryptocurrency exchange market by trading volume, ranking it as the 6th largest exchange worldwide. This is significantly behind market leader Binance, which dominates with 38.0% market share.
(Source: Coingecko) - However, Coinbase maintains its position as the largest US-based cryptocurrency exchange, controlling over 50% of the US spot market.
(Source: Bloomberg) - Although Coinbase is smaller globally, it commands significant influence in regulated markets. In the US, Coinbase holds 65% of the market share, demonstrating its dominance in its home market despite being outpaced globally by competitors like Binance.
(Source: Coinlaw)
