{
  "id": 19736185,
  "title": "Gemini’s quarterly retail trading volume sinks to 3-year low",
  "url": "https://urgent.news/2026/11/13/geminis-quarterly-retail-trading-volume-sinks-to-3-year-low",
  "topic": "ai",
  "section": "AI",
  "published": "2026-11-13T00:52:42.000Z",
  "source": {
    "name": "Cointelegraph",
    "slug": "cointelegraph",
    "url": "https://cointelegraph.com/markets/geminis-quarterly-retail-trading-volume-sinks-to-3-year-low"
  },
  "original_language": "en",
  "account": "Gemini, a prominent crypto exchange, has reported its lowest quarterly retail trading volume in three years, as disclosed in its Q3 earnings report. Despite an 18% rise in total spot trading volume to $4.5 billion, retail trading plummeted by 14% to $600 million, the lowest level since the third quarter of 2023. While institutional volume increased by 26% to $3.9 billion, the exchange did not specify a reason for the decline in retail trading. However, Gemini's revenue from exchange activities increased by 7% to $13.4 million, with institutional revenue more than doubling. Retail traders accounted for nearly three-quarters of the total exchange revenue. Other crypto exchanges also reported softer trading activity, such as Coinbase, which saw a 9% fall in retail spot trading volume to $23.4 billion. Gemini's prediction exchange, Gemini Predictions, managed to deliver a 52% increase in revenue to $796,000, but this was not sufficient to offset the declines. With prediction-market activity expected to strengthen in the fourth quarter, Gemini aims to distribute its event contracts through other platforms, including a potential agreement with Apex Fintech Solutions.",
  "summary": "Gemini’s third-quarter trading rebound masked a deepening retail slump.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 2,
    "also_reported_by": [
      {
        "outlet": "The Block",
        "title": "Gemini trading volume drops 73% as Q3 revenue falls to $41 million",
        "url": "https://urgent.news/2026/11/12/gemini-trading-volume-drops-73-as-q3-revenue-falls-to-41-million",
        "published": "2026-11-12T22:18:10.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}