Robinhood Derivatives Launches XRP August 2026 Price Market With 55-Cent $0.99991 Contract
Updated
Updated · robinhood.com · Aug 16
Robinhood Derivatives Launches XRP August 2026 Price Market With 55-Cent $0.99991 Contract
3 articles · Updated · robinhood.com · Aug 16
Summary
Robinhood Derivatives is offering event contracts on XRP’s price at 9 a.m. EDT on Aug. 16, 2026, with one live strike paying $1 if XRP is $0.99991 or above.
The contract resolves using CF Benchmarks’ Real-Time Index, based on the simple average over the 60 seconds before the target time; if data is missing or incomplete, affected strikes resolve to No.
Trading runs 24 hours a day except Thursdays from 3 a.m. to 5 a.m. ET, and payouts usually arrive within 1 hour after the event resolves.
The XRP market sits alongside similar crypto prediction contracts on SOL, ETH and DOGE, while Robinhood says exchange fees, eligibility limits and event-contract risk disclosures apply.