Coinbase releases Q2 financial report: net profit reaches $1.43 billion, far exceeding the same period last year, but trading revenue declines by 39% quarter-on-quarter

ChainCatcher news, according to Coinbase's latest quarterly financial report, the previously exposed user data breach ultimately resulted in a loss of $307 million. The overall performance for Q2 is as follows:

Net profit reached $1.43 billion, far exceeding $36 million in the same period last year.

Total trading volume was $237 billion, slightly up from $226 billion in the same period of 2024.

Compared to Q1, trading revenue decreased by 39%, and spot trading volume dropped by over 30%.