Updated
Updated · robinhood.com · Aug 17
Robinhood Offers Dogecoin $0.07 August Contract at 81 Cents
Updated
Updated · robinhood.com · Aug 17

Robinhood Offers Dogecoin $0.07 August Contract at 81 Cents

3 articles · Updated · robinhood.com · Aug 17

Summary

  • An August 2026 event contract on Dogecoin was listed at 81 cents for a payout if DOGE is at least $0.07 at 1 a.m. EDT on Aug. 17.
  • The market resolves using CF Benchmarks' Real Time Index rather than exchange quotes, with trading available nearly 24 hours a day except Thursday from 3 a.m. to 5 a.m. ET.
  • Each correct contract pays $1, and traders can also exit before resolution, though additional fees apply.
  • The listing sits alongside other crypto prediction markets tied to Bitcoin, XRP, BNB and HYPE, underscoring broader retail access to event-based crypto trading.

Insights

With the Dogecoin contract expiring today, what happens to your money if the benchmark data suddenly goes dark at 1 a.m.?
As DOGE hovers near the $0.07 strike price, could a sudden 1 a.m. market manipulation trigger a massive Robinhood payout?
Why is Robinhood using a complex multi-exchange index to settle bets on a meme coin instead of standard market prices?