Robinhood Derivatives Launches HYPE Price Market With $1 Payout per Correct Contract
Updated
Updated · robinhood.com · Aug 16
Robinhood Derivatives Launches HYPE Price Market With $1 Payout per Correct Contract
3 articles · Updated · robinhood.com · Aug 16
Summary
Robinhood Derivatives listed a new event contract on HYPE, letting users bet on whether the token will finish at $37, $38, $39 and higher by 5 p.m. EDT on Aug. 17, 2026.
The market resolves using CF Benchmarks' Real Time Index, averaging 60 readings from the final minute before expiration rather than spot prices shown on venues such as Coinbase or Google.
Correct contracts pay $1 each, traders can exit before resolution, and the market runs nearly 24 hours a day except for a Thursday 3 a.m. to 5 a.m. ET maintenance window.
The listing sits alongside similar crypto event contracts tied to BTC, ETH, XRP, BNB and Dogecoin, extending Robinhood's push into regulated prediction-style derivatives.