Exodus reports $399 million swap volume in June

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Reviewed by
Ashish TScanX News Team
Key Highlights

Exodus Movement, Inc. reported a 4% increase in swap volume to $399 million in June 2026, driven by direct users. Monthly active users held steady at 1.5 million, while digital asset holdings decreased across Bitcoin, Ethereum, and Solana.

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Exodus Movement, Inc. reported $399 million in exchange provider processed volume for June 2026, reflecting a 4% increase from $383 million in May 2026. The company noted that approximately 75% of the trade volume originated from direct users, with the remaining 25% attributed to its XO Swap enterprise relationships. Monthly active users (MAUs) remained stable at 1.5 million as of June 30, 2026, unchanged from the previous month.

James Gernetzke, CFO at Exodus, attributed the strong transaction volume to a consistent mix of direct user and enterprise activity despite pricing pressure in the cryptocurrency market. He emphasized that the company's balance sheet of digital assets supports ongoing marketing initiatives, enhanced functionality, and the integration of Monavate/Baanx into the Exodus platform.

Digital Asset Holdings

Exodus disclosed its selected digital asset holdings as of June 30, 2026, which were unaudited. The holdings showed a decrease across major cryptocurrencies compared to May 31, 2026. The company's strategy focuses on utilizing these assets to expand business operations and support platform integrations.

Asset Holdings (June 30, 2026) Holdings (May 31, 2026)
Bitcoin (BTC) 600 BTC 656 BTC
Ethereum (ETH) 457 ETH 1,433 ETH
Solana (SOL) 17,749 SOL 20,673 SOL

Swap Volume Breakdown

The total swap volume for June 2026 was $399 million, with $93 million, or 23%, originating from XO Swap partners. This represents a decrease in partner contribution from May 2026, when $104 million, or 27%, of the $383 million total volume came from XO Swap partners. The data highlights the company's reliance on direct user activity for the majority of its transaction volume.

Exodus Movement, Inc. continues to focus on expanding its self-custodial finance and payments platform, serving millions of users through its suite of Web3 services. The company remains headquartered in Omaha, Nebraska, and is listed on the NYSE under the ticker symbol EXOD.

Disclaimer: This article is AI-generated using data from ViewTrade. ScanX is not liable for any inaccuracies.

How will the recent reduction in digital asset holdings impact the company's ability to fund future marketing and development initiatives?

What specific strategies does Exodus plan to implement to reverse the declining contribution from XO Swap partners?

What timeline does the company expect for the full integration of Monavate/Baanx, and how will it drive user growth?

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Exodus and OneKey launch zero-fee XRP swaps for users

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Reviewed by
Radhika SScanX News Team
Key Highlights

Exodus Movement, Inc. and Celestial Technology Ltd. have launched a limited-time campaign eliminating platform fees for inbound XRP swaps within the OneKey app. Users can swap into XRP via the XO Swap aggregator without paying platform fees, though standard network and gas fees still apply. The initiative builds on the April 2026 integration of XRP Ledger and Ripple USD support in the Exodus wallet.

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Exodus Movement, Inc. and Celestial Technology Ltd. have launched a limited-time campaign offering zero platform fees on inbound XRP swaps inside the OneKey app. The initiative aims to lower the cost barrier for users seeking to access XRP while maintaining self-custody of their digital assets. Standard network and gas fees will remain in effect during the promotion.

During the campaign, OneKey Wallet users can utilize the swap interface within the app to convert any supported asset into XRP via Exodus’ XO Swap cross-chain exchange aggregator. The waiver applies specifically to platform fees charged by the aggregator. This collaboration follows the April 2026 expansion of native XRP Ledger (XRPL) and Ripple USD (RLUSD) support inside the Exodus wallet, reflecting the asset's high trading volume across both platforms.

JP Richardson, CEO and Co-Founder of Exodus, emphasized that XO Swap was designed to facilitate self-custody across various asset holding locations. He stated that removing platform fees on inbound XRP swaps allows more customers to access the asset without relinquishing control. Niq Chen, Growth Lead at OneKey, noted that XRP is a highly requested asset within their community, and the partnership addresses user demand for cost-effective access.

The promotion is accessible to all OneKey Wallet users through the swap interface. No specific end date for the campaign was provided in the announcement.

Entity Role Key Feature
Exodus Movement, Inc. Service Provider XO Swap aggregator
Celestial Technology Ltd. Wallet Provider OneKey app interface
XRP Target Asset Zero platform fee swaps
Disclaimer: This article is AI-generated using data from ViewTrade. ScanX is not liable for any inaccuracies.

Will the success of this zero-fee campaign prompt Exodus and OneKey to extend similar fee waivers to other high-volume assets like Bitcoin or Ethereum?

How will the indefinite duration of this promotion impact the revenue models of cross-chain aggregators if users become accustomed to zero platform fees?

Could this partnership signal a deeper integration between Exodus and OneKey, potentially leading to shared liquidity pools or unified user accounts in the future?

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