HYPE Price Prediction Market Launches on Robinhood
The cryptocurrency HYPE has become the subject of a prediction market on Robinhood, where users can bet on its price at a specific time in the future. The contract, which expires on August 8, 2026 at 10pm EDT, is based on CF Benchmarks' Real Time Index (RTI). According to the terms, if the user's prediction is correct, they will receive $1 for every contract owned.
The price used to determine this market is not the same as what users might see on Google or Coinbase. Instead, it is an average of 60 RTI prices collected at the last minute before expiration. Users are warned that trading prohibitions apply, including restrictions for those employed by certain agencies or holding material non-public information.
The contract involves significant risk and may not be suitable for everyone. Live data may be delayed or incorrect, and event contracts are offered by Robinhood Derivatives, LLC through various companies.