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Created by:Key
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Coinsnacks.comBlue number = hardcoded (do not change)
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Dillon NewmanBold = assumption to input
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Luke Ostapchuk
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Retail + Institutional Vol$177,070,000,000Calculate Coinbase's potential Q2'24 revenue by inputting your own data. Retail and institutional volumes are based on data from The Block and Coinbase. The rest is for you to decide. Make a copy to fill out with your own data.
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Retail
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% Retail volume? 17%<< Coinbase's % of trading volume that is retail. Historically this ranges from 15-20%
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Retail take rate?1.8%<< Coinbase's take rate from retail volume. Historically 1.5-2.5%
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Retail revenue$541,834,200
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Institutional Other great $COIN analysts to follow:
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Institutional volume 83.0%<< based on retail volume assumption abovehttps://twitter.com/CoinbaseDuck
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Institutional take rate? 0.034%<< Coinbase Institutional take rate. Historically .01-.03%https://twitter.com/kunalgoel
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Institutional Revenue$49,969,154https://twitter.com/alyssachoo_
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Total Retail + Inst. Rev$591,803,354https://twitter.com/singularity7x
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International
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International Trading vol<< International trading vol can be seen here.
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Int. Take Rate? 0.021%<< International trading is brand new. Potential fees can be seen here.
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Total International Rev$0
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Total Trading Rev$591,803,354
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Subscription & Services Rev600000000<< Coinbase gave guidance of $530-600 million for Q3'24$600,000,000
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Net Revenue$1,191,803,354
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