Robinhood Derivatives Lists $19-to-$23 HYPE Price Contracts for Aug. 16, 2026

2 articles · Updated · robinhood.com · Aug 16

Robinhood Derivatives has launched event contracts on HYPE, letting traders bet on whether the token will be at or above price thresholds from $19 to $23 at 9 a.m. EDT on Aug. 16, 2026.
Each winning contract pays $1, while traders can also exit positions before resolution; the market trades 24 hours a day except for a weekly Thursday maintenance window from 3 a.m. to 5 a.m. ET.
Resolution is tied to CF Benchmarks' Real Time Index rather than exchange quotes, using the average of 60 readings collected in the final minute before expiration, with payouts usually made within an hour.
The HYPE listing sits alongside similar Robinhood crypto prediction markets tied to BTC, ETH, SOL, XRP and Dogecoin, extending the platform's menu of event-based derivatives.