Robinhood Bets on HYPE Price in 2026 Prediction Market

Robinhood's crypto prediction market is offering a new event contract centered around the future price of the cryptocurrency HYPE. The contract, set to resolve on October 6, 2026, at 1 PM EDT, allows traders to speculate on whether the price of HYPE will reach specific thresholds at that time. The available price targets include $91.5 or above, $91.75 or above, and $92 or above, with corresponding odds of 68¢, 51¢, and 29¢ respectively.

The price used to determine the outcome of this contract will be based on CF Benchmarks' Real Time Index (RTI). To ensure accuracy, 60 RTI prices are collected in the final minute before expiration, and the official value is the average of these prices. Traders can earn $1 for every contract they own if their prediction is correct, or they can close their position before the event resolves.

Robinhood Derivatives, LLC offers these event contracts through various platforms, including KalshiEX LLC and ForecastEX, LLC. However, there are trading prohibitions in place, particularly for individuals employed by the Source Agencies or those in possession of material, non-public information related to the underlying asset.