Ripple Price Prediction Market Launches on Robinhood
Robinhood's crypto prediction market has introduced a new contract that targets the price of Ripple on August 22, 2026 at 3am EDT. According to the contract, if the price of Ripple meets certain criteria, holders of the contract will receive $1 for every contract they own.
The contract resolves based on a simple average of the CF Benchmarks index for the 60 seconds prior to the specified time. The price must meet the criterion at exactly the specified time on the target date. If no data is available or incomplete at the expiration time, affected strikes resolve to No.
There are several strike prices listed in the contract, with corresponding payouts: $1.47991 or above (79¢), $1.49991 or above (73¢), $1.51991 or above (48¢), and $1.53991 or above (36¢). The contract also notes that it is only available 24 hours a day, except on Thursdays from 3AM-5AM ET.