Exodus reports 10% rise in May transaction volume
Exodus Movement, Inc. announced a 10% increase in transaction volume for May 2026, reaching $383 million, with XO Swap contributing $104 million. Digital asset holdings showed mixed trends, with Bitcoin rising to 656 BTC and Ethereum falling to 1,433 ETH, while monthly active users held steady at 1.5 million.

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Exodus Movement, Inc. reported a 10% increase in transaction volume across its platform for May 2026, driven by growth in swap activity. The company, a self-custodial finance and cryptocurrency platform, released its monthly metrics showing XO Swap volume rose to $104 million, representing 27% of total swap volume. Monthly active users remained steady at 1.5 million as of May 31, 2026, compared to the previous month.
Digital Asset Holdings
Exodus disclosed its selected digital asset holdings as of May 31, 2026, which were unaudited. The company's Bitcoin holdings increased to 656 BTC from 629 BTC as of April 30, 2026. Solana holdings also rose to 20,673 SOL from 19,234 SOL over the same period. However, Ethereum holdings decreased to 1,433 ETH from 1,872 ETH as of April 30, 2026.
Swap Volume Metrics
The exchange provider processed volume reached $383 million for May 2026, up from $347 million in April 2026. XO Swap partners contributed $104 million, or 27%, to the total volume in May, compared to $98 million, or 28%, in April. James Gernetzke, CFO at Exodus, noted the transaction volume increase and highlighted the steady contribution of XO Swap to overall swap activity.
| Metric | May 2026 | April 2026 |
|---|---|---|
| Exchange provider processed volume | $383 million | $347 million |
| XO Swap volume | $104 million | $98 million |
| XO Swap share of total volume | 27% | 28% |
User Engagement
Monthly active users (MAUs) stood at 1.5 million as of May 31, 2026, unchanged from April 30, 2026. The stability in user base suggests sustained engagement despite fluctuations in digital asset holdings. Exodus continues to focus on providing self-custodial finance tools, allowing users to earn rewards, spend, manage, and swap digital assets across borders.
What factors drove the reduction in Ethereum holdings despite the overall increase in transaction volume?
How does Exodus plan to convert the steady user base into future growth in Monthly Active Users?
Will the company explore adding new assets to XO Swap to further diversify its transaction volume?

























