Updated
Updated · robinhood.com · Aug 16
HYPE Gets Aug. 16 8 p.m. Price Market With $56, $57 and $58 Contracts
Updated
Updated · robinhood.com · Aug 16

HYPE Gets Aug. 16 8 p.m. Price Market With $56, $57 and $58 Contracts

3 articles · Updated · robinhood.com · Aug 16

Summary

  • $56, $57 and $58-or-above contracts are now live for HYPE’s price at 8 p.m. EDT on Aug. 16, 2026, with implied prices of 98 cents, 80 cents and 2 cents.
  • CF Benchmarks’ Real Time Index will determine the outcome by averaging 60 readings collected in the final minute before expiration, rather than using spot quotes from exchanges such as Coinbase.
  • Winning contracts pay $1 each, positions can be closed before resolution, and trading runs 24 hours a day except Thursday from 3 a.m. to 5 a.m. ET.
  • The new evening market follows an earlier Aug. 16 8 a.m. EDT HYPE contract that used lower $19-to-$23 thresholds, extending the day’s event-contract lineup on Robinhood Derivatives-linked venues.

Insights

As Robinhood's massive HYPE contract settles today, could a final-minute manipulation of the benchmark index completely rewrite the outcome?
Did traders accurately predict the clash between Hyperliquid's billion-dollar buyback engine and massive token dilution as this contract finally expires?