Yield
Robinhood Crypto
Robinhood Crypto is the digital-asset arm of the US brokerage Robinhood, offering ETH and SOL staking plus a new USDG rewards product. It grades D on our scale — and the reason is instructive: a well-regulated US operator can stil…
Is Robinhood Crypto safe? It scores D on our five safety checks, passing 2 of 5 — Regulation, Track record (2+ years incident-free); not passed: Proof-of-Reserves, Flexible withdrawal, Insurance Fund. Every check below cites the evidence behind it and links its source. See how it ranks against the other 36 venues we grade →
Why this grade
- ✓
Regulation
Robinhood Crypto, LLC is registered as an MSB with FinCEN and holds state money-transmitter licenses (NMLS 1702840). No NYDFS BitLicense, so New York has a reduced token list. Source →
- ✗
Proof-of-Reserves
Robinhood publishes no independent Merkle-tree proof-of-reserves or regular 1:1 reserve audit. Only external infrastructure security audits are mentioned. Source →
- ✗
Flexible withdrawal
Spot selling is instant, but the main earn product — ETH/SOL staking — has an unbonding period, usually ~1 day and up to several weeks under market stress. Source →
- ✗
Insurance Fund
SIPC/FDIC do not cover crypto (Robinhood confirms this). There is Lloyd's crime insurance against custody theft, but the amount is undisclosed and the company has told the SEC that the crypto under its control significantly exceeds the coverage. Source →
- ✓
Track record (2+ years incident-free)
The crypto service has run since 2018 (7+ years) with no client crypto-asset hacks. The 2021 data breach touched only emails/names. The SEC investigation into the crypto arm (2024 Wells notice) was closed with no action in Feb 2025. Source →
Incidents we count
Known incidents
2- November 2021 A social-engineering data breach against a support employee exposed ~5M emails and ~2M names. No financial loss and no access to crypto assets. Source →
- May 2024 The SEC issued a Wells notice to the crypto arm (RHC) over possible securities-law violations. The investigation was closed with no action in February 2025. Source →
All Robinhood Crypto products
Yield products
as of Aug 31, 2026| Product | Rate | Type | Lock | |
|---|---|---|---|---|
| USDG | 7.0 % | flexible | — | Open Robinhood Crypto → |
What would Robinhood Crypto pay you?
How much will you earn?
Method: monthly compounding (1 + APR/12)ⁿ, where APR is the exchange's stated rate. The realized 12-month return is slightly higher due to reinvestment. Rates may change. Not financial advice.
How yields have moved
Source: daily snapshots via exchange API · accumulating since YieldScope launch
This is not an affiliate link. Price for you doesn't change.
Robinhood Crypto review: what this platform is
Robinhood Crypto is the digital-asset arm of the US brokerage Robinhood, offering ETH and SOL staking plus a new USDG rewards product. It grades D on our scale — and the reason is instructive: a well-regulated US operator can still miss most of our safety checks.
How Earn works on Robinhood Crypto
The one rate Robinhood actually publishes is USDG: "Earn an estimated 7% APY — lend USDG onchain through a self-custody wallet", stated on robinhood.com/us/en/crypto. That yield floats with on-chain lending demand and can fall. ETH, SOL and ADA can be staked from $1, but Robinhood publishes NO percentage for any of them — its staking help article gives only the fee structure: the staking partner takes no more than 2.75%, the total fee is 25% of the APY you earn, and for ETH you receive between 50% and 100% of the protocol rate. We used to list ETH at 3.15% and SOL at 4.55%; both were derived figures with no published source, so they were removed on 26 August 2026 rather than kept as estimates. If Robinhood starts publishing rates, they go back in.
How to start on Robinhood Crypto, step by step
- 01Confirm staking is available in your US state (excluded in CA/MD/NJ/NY/WI).
- 02Open Robinhood Crypto, fund the account, and pick ETH or SOL staking from $1.
- 03Budget for the unbonding delay before you can sell, and net out Robinhood's fee.
Should you park money here?
- +Real US regulatory footing (FinCEN MSB + state money-transmitter licenses)
- +Clean 7-year crypto track record; the 2024 SEC investigation closed with no action
- +Very low entry — staking from $1, familiar mainstream app
- −No independent proof-of-reserves published
- −Staking is locked with an unbonding period (up to weeks); not instant to exit
- −SIPC/FDIC do not cover crypto, and Lloyd's coverage is below assets held
Compare Robinhood Crypto with others
Asset-by-asset rates and risk grades