Robinhood Derivatives Launches 93-Cent Dogecoin Contract for Aug. 23, 2026

3 articles · Updated · robinhood.com · Aug 23

Robinhood Derivatives is offering a new event contract that pays $1 if Dogecoin is at $0.09 or above at 1 a.m. EDT on Aug. 23, 2026.
The market runs nearly 24 hours a day and settles using CF Benchmarks' real-time index rather than prices shown on venues such as Coinbase or Google.
Traders can also choose lower strike levels including $0.005, $0.01, $0.015 and $0.02, or exit positions before the contract resolves.
The listing expands Robinhood's crypto prediction lineup, which already includes contracts tied to XRP, ETH, SOL and other token price targets and ranges.
Robinhood says event contracts carry significant risk, with fees, eligibility limits and trading bans for people with material non-public information.

Sources

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5 Sources

As Dogecoin struggles in 2026, will Robinhood's new event contracts revolutionize retail crypto speculation or merely gamify market losses?

With Robinhood's $0.09 DOGE contract settling tomorrow, could this binary betting model trigger sudden spot market volatility right before expiration?