Robinhood Markets, Inc. Robinhood (HOOD) keeps rolling. The brokerage released its May operating data on Tuesday, and the numbers show a platform that's humming along nicely — equity trading is booming, assets are piling up, and customers keep signing up. Crypto? Not so much.

Let's start with the big picture. Total platform assets hit $377 billion at the end of May, up 9% from April and a whopping 48% from a year ago. That's a lot of money sitting on Robinhood's books. Net deposits came in at $5.6 billion for the month, which works out to a 19% annualized growth rate relative to April's assets. Over the past 12 months, net deposits totaled $69.1 billion, representing a 27% annual growth rate. So people are not just parking money — they're adding to it.

Funded customers grew to 27.7 million, up about 110,000 from April and 1.76 million year-over-year. Steady gains, nothing explosive, but it shows the retail footprint is widening.

Now for the real fireworks: trading activity. Equity notional trading volumes surged to $315 billion in May, up 27% from April and 75% year-over-year. Average daily volumes hit $15.8 billion, a 34% month-over-month jump and 84% higher than a year ago. That's a lot of buying and selling. Options activity also picked up, with 231 million contracts traded — up 3% from April and 29% year-over-year. Event contracts were another bright spot: 3.9 billion contracts traded in May, up 22% from April, with average daily volumes of 126 million, up 18%.

Crypto, though, was a different story. Total crypto notional trading volumes reached $12.2 billion, up just 3% from April and 4% year-over-year. Digging deeper, Robinhood App crypto volumes fell 50% year-over-year to $5.9 billion, while Bitstamp (which Robinhood acquired) contributed $6.3 billion. So the crypto slowdown is real, at least on Robinhood's native platform.

As for the stock, Robinhood shares were down 0.13% in after-hours trading Tuesday at $83.66, according to market data. Not much movement, but the numbers are out, and they're mostly good.