Coinbase Q3 revenue drops 35% as derivatives, prediction markets gain ground

30th October, 2026

Narayani Srinivasan

Derivatives and prediction markets accounted for 25% of the US crypto exchange’s transaction revenue, cushioning weaker trading as Coinbase pursues its “everything exchange” strategy and cuts costs through headcount reduction.

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ABN AMRO
Bank of America
CBOE
Citi
Goldman Sachs
DRW Holdings
HSBC
J.P Morgan
Marex
Morgan Stanley
SGX
SocGen
Susquehanna
MUFG Investor Services
TP ICAP
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