Coinbase has announced a net profit of $433 million for the third quarter of 2025, translating to earnings of $1.50 per share. This marks a significant increase from the $75.5 million reported in the same period last year, driven by heightened market volatility that spurred trading activity. The company's trading revenue reached $1.05 billion, up from $573 million a year ago. Despite weak economic data in August leading to market sell-offs, overall volatility encouraged investors to increase hedging activities, enhancing Coinbase's business performance. Following the earnings release, Coinbase shares rose 1% in after-hours trading.