Earnings call briefThird-quarter 2026
Coinbase says predictions and derivatives were about 25% of transaction revenue
Alesia Haas, CFO of Coinbase, said subscription services were roughly 49% of total net revenues in the quarter.
GetSignal Coinbase Global COIN
On its third-quarter call, Coinbase said predictions plus derivatives were about 25% of its total transaction revenue. Haas said growth in prediction markets offset a 10% quarter-over-quarter decline in overall spot crypto trading volume. She said the prediction and derivatives activity is incremental and not cannibalizing spot trading, with people still trading spot at a lesser level.
Quotes from the call
“Predictions plus derivatives, so those 2 combined were about 25% of our total transaction revenue.”
Key facts from the call
- Predictions plus derivatives share of transaction revenue
- About 25%
- Overall spot crypto trading volume, quarter over quarter
- Down 10%
- Subscription services share of total net revenues
- Roughly 49%
Source: Coinbase Global's third-quarter 2026 earnings call, October 29, 2026.
Written by GetSignal with AI from the company's earnings call.
Not investment advice.
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