Robinhood Derivatives Launches Dogecoin Price Prediction Contract

Robinhood Derivatives' contract on Dogecoin's price at 3am EDT on August 17, 2026 has gone live. The contract allows traders to predict whether Dogecoin will reach specific prices by that time. According to the terms of the contract, if a trader predicts correctly, they will receive $1 for every contract owned. The contract uses CF Benchmarks' Real Time Index (RTI) to determine the price used in the market.

The contract has several restrictions and eligibility requirements, including prohibition on trading by employees of certain agencies and individuals with material non-public information on Dogecoin. Traders can either close their positions before the event resolves or wait for the outcome. The contract is offered through various entities, including KalshiEX LLC and Rothera Exchange and Clearing LLC.