Robinhood Derivatives Offers Event Contract for Ethereum Price Range on September 12th

Rather than predicting Ethereum's price movement on a given date, Robinhood Derivatives offers an event contract that resolves to either side of a specific price range. The specified date is September 12th, 2026 at 5am EDT. According to the contract details, if the Ethereum price falls within a certain range ($2,520 to $2,524.9943), then one can expect a payout. Conversely, if it ranges from $2,515 to $2,519.9919, another outcome is confirmed.

The payout mechanism relies on an average of sixty Real Time Index prices collected by CF Benchmarks at the last minute before expiration. The official and final value is derived from this averaging process. It's essential to note that the price data used in determining this market might not be identical to what you find on platforms like Google or Coinbase.