Robinhood Derivatives Lists XRP Contract at 91¢ for $1.45991-or-Higher August 24 Bet
Updated
Updated · robinhood.com · Aug 24
Robinhood Derivatives Lists XRP Contract at 91¢ for $1.45991-or-Higher August 24 Bet
3 articles · Updated · robinhood.com · Aug 24
Summary
Robinhood Derivatives is offering an XRP event contract tied to whether the token is at least $1.45991 at 8 p.m. EDT on Aug. 24, 2026, with the lead strike priced at 91 cents.
The market uses CF Benchmarks' Real Time Index and resolves from the simple average over the 60 seconds before the deadline; if data is missing or incomplete, affected strikes resolve to No.
Other listed strikes include $1.47991 or above at 18 cents, $1.49991 or above at 4 cents and $1.51991 or above at 1 cent, with winning contracts paying $1.
Trading runs 24 hours a day except Thursdays from 3 a.m. to 5 a.m. ET, and Robinhood says payouts usually arrive within an hour after resolution.
The XRP listing sits alongside similar crypto event contracts on Bitcoin, Ethereum, Dogecoin and Solana, expanding Robinhood's prediction-market style derivatives lineup.