Robinhood Derivatives Launches HYPE Price Prediction Market

The cryptocurrency market is abuzz with excitement as Robinhood Derivatives, LLC has launched a prediction market for HYPE's price on August 17, 2026 at 10am EDT.

According to the contract, there are various payout tiers based on HYPE's price. If the price reaches $58 or above, the payout is 98 cents per contract. If it hits $59 or above, the payout drops to 85 cents per contract. And if the price exceeds $60, the payout is a mere 2 cents per contract.

The contract uses CF Benchmarks' corresponding Real Time Index (RTI) to determine HYPE's price. The RTI collects 60 prices at the last minute before expiration and calculates the official and final value as their average.