Updated
Updated · robinhood.com · Aug 16
HYPE Implies $56 Close on Aug. 16 as $57 Contract Trades at 88 Cents
Updated
Updated · robinhood.com · Aug 16

HYPE Implies $56 Close on Aug. 16 as $57 Contract Trades at 88 Cents

3 articles · Updated · robinhood.com · Aug 16

Summary

  • $56 or above traded at 98 cents for HYPE’s 8 p.m. EDT Aug. 16 event contract, while $57 or above stood at 88 cents and $58 or above at 2 cents.
  • CF Benchmarks’ Real Time Index will decide the outcome, using the average of 60 RTI readings collected in the final minute before expiration rather than spot prices shown on venues like Coinbase or Google.
  • The contracts trade nearly around the clock—pausing only Thursday from 3 a.m. to 5 a.m. ET—and typically pay out within an hour after resolution.
  • Robinhood Derivatives offers the event contracts, with trading barred for source-agency employees and anyone holding material non-public information.

Insights

How effectively does the CF Benchmarks index prevent last-minute whale manipulation as Robinhood's HYPE event contract reaches its final countdown?
With today's expiration imminent, can Hyperliquid’s massive buybacks overcome recent supply unlocks to drive HYPE above Robinhood's $57 target?
As Hyperliquid launches decentralized prediction markets, is Robinhood’s new event contract a strategic move to maintain dominance in outcome-based trading?