Robinhood Derivatives Launches XRP Price Prediction Contract
Ripple (XRP) traders can now bet on the cryptocurrency's price at a specific date and time, thanks to a new contract offered by Robinhood Derivatives. The contract, which resolves on August 20, 2026 at 1am EDT, allows users to predict whether XRP will be above or below certain price thresholds.
The contract uses CF Benchmarks' Real-Time Index (RTI) as its pricing source and resolves based on a simple average of the index for the 60 seconds prior to the specified time. If no data is available or incomplete at the expiration time, affected strikes will resolve to 'No'.
Users can trade on this contract with minimal fees and potentially earn $1 for every contract they own if their prediction is correct. However, users must be aware of trading prohibitions, including restrictions for those employed by certain agencies or holding material non-public information.