Robinhood Launches Copper Price Prediction Market for 2026
Robinhood has launched a new prediction market contract focused on the price of copper. The contract, set to resolve on October 6, 2026, asks whether the price of copper will be at or above $6.65888 during a 15-minute window at the end of the trading day. Participants can buy contracts predicting the outcome and potentially earn $1 for each correct prediction.
The settlement value will be determined using data from Pyth - Copper, with the price rounded to the nearest five decimal places. The contract resolves based on the close price of the 1-minute candlestick at the specified time. If data is unavailable, the most recently published data will be used.
Trading prohibitions apply to individuals employed by the source agencies or those with material, non-public information about the underlying asset. Similar prediction markets on other commodities, such as silver, palladium, gold, and platinum, are also available on the platform.
The contract is offered by Robinhood Derivatives, LLC through various exchanges, including KalshiEX LLC and ForecastEX, LLC. Participants should be aware of the significant risks involved in trading futures, options, and cleared swaps.