Updated
Updated · robinhood.com · Aug 16
CF Benchmarks Sets HYPE 10 a.m. Price Contract at $57 Threshold on Aug. 16, 2026
Updated
Updated · robinhood.com · Aug 16

CF Benchmarks Sets HYPE 10 a.m. Price Contract at $57 Threshold on Aug. 16, 2026

3 articles · Updated · robinhood.com · Aug 16

Summary

  • $57 or above traded at 94 cents for the HYPE event contract tied to Aug. 16, 2026, at 10 a.m. EDT, while lower strike contracts from $19 to $22 showed 0 cents.
  • CF Benchmarks will determine the official outcome using its Real Time Index, averaging 60 readings collected during the final minute before expiration.
  • The contract trades nearly around the clock—24 hours a day except Thursday from 3 a.m. to 5 a.m. ET—and typically pays out within an hour after resolution.
  • Robinhood Derivatives offers the event contracts through KalshiEX, ForecastEX or Rothera, with trading barred for source-agency employees and anyone holding material non-public information.

Insights

How does settling binary bets via aggregated indexes rather than single exchange quotes reshape the future of retail crypto speculation?
Could Hyperliquid's buyback-and-burn mechanism provide enough price support to defend the $57 threshold against institutional sell-offs?
Will Robinhood's aggressive shift toward gamified prediction markets ultimately cannibalize its traditional crypto spot trading revenue?