COIN’s worst drop since 2021 was 91%
Coinbase (COIN) fell 91% from Nov 2021 to Dec 2022. It took 3.6 years from that peak to close at a new high, in Jun 2025. Over the same years the S&P 500 fell as much as 25%.
That drop ranks 173rd deepest among the 986 stocks PortfolioAutopsy tracks.
Drawdown from the last high, 2021 to now
How COIN held up in each crash
| Crash | Years | COIN | S&P 500 |
|---|---|---|---|
| Dot-com bust | 2000–02 | not trading yet | −47.5% |
| Financial crisis | 2007–09 | not trading yet | −55.2% |
| COVID crash | 2020 | not trading yet | −33.7% |
| 2022 rate shock | 2022 | −87.1% | −24.5% |
Each number is the deepest fall from a high inside that window, using daily prices with dividends reinvested.
See how COIN behaves inside your whole mix, with the worst 12 months, loss odds and crash replays. Free, no signup, and the math runs in your browser.
Open COIN in PortfolioAutopsyCheck my whole portfolioQuestions
What was COIN’s maximum drawdown?
COIN’s deepest fall since 2021 was 90.9%, from its high on November 9, 2021 to its low on December 28, 2022. The figure uses daily prices with dividends reinvested.
How long did COIN take to recover?
3.6 years. COIN first closed above its Nov 2021 high again on June 26, 2025.
Was COIN riskier than the S&P 500?
Over the same years, COIN’s worst drop was 90.9% against 24.5% for the S&P 500 (SPY), and its worst 12 months were −88.4% against −19.7%.
Compare with
Daily adjusted closes from Yahoo Finance, April 15, 2021 through October 13, 2026, dividends reinvested. Historical facts, not a forecast and not investment advice.