Robinhood Equity Trading Volumes Explode 75% To $315 Billion In May

Robinhood Markets reported strong May operational metrics with equity trading volumes surging 75% year-over-year to $315 billion and average daily volumes reaching $15.8 billion. Total platform assets hit $377 billion, up 48% YoY, while funded customers grew to 27.7 million. Options trading and event contracts also showed solid growth, though crypto volumes remained muted with only 4% YoY growth.