Robinhood Derivatives Launches Dogecoin Price Prediction Market

Robinhood Derivatives has opened a prediction market for the price of Dogecoin on August 2, 2026 at 12am EDT. The contract allows users to bet on whether the price will be above $0.065 or not.

The Robinhood Derivatives' market uses CF Benchmarks' corresponding Real Time Index (RTI) to determine the outcome of the contract. If a user's prediction is correct, they can receive $1 for every contract they own, with additional fees applying.

The trading hours are 24 hours a day, except Thursday from 3am-5am ET. The contract resolves and payouts are made usually within one hour of event resolution.