Robinhood Derivatives Launches XRP Price Prediction Contract

Robinhood Derivatives has launched a contract on its platform that predicts the price of Ripple (XRP) at a specific date and time. The contract resolves based on a simple average of the CF Benchmarks index for the 60 seconds prior to August 6, 2026, at 11pm EDT.

The market offers payouts if the XRP price meets certain criteria: $1.01991 or above, $1.03991 or above, and $1.05991 or above within a 1-day and 1-week timeframe.

It's worth noting that participants in this contract must consider the risks involved, as futures trading can be complex and not suitable for everyone.