Robinhood Derivatives Offers Event Contract on Dogecoin Price
The Robinhood Derivatives, LLC is offering an event contract on Dogecoin's price at a specific point in time. The contract resolves whether the price of Dogecoin will be above certain thresholds on August 30th, 2026 at 12pm EDT.
The thresholds are: $0.005 or above, $0.085 or above, and $0.01 or above. The price used to determine this market is based on CF Benchmarks' corresponding Real Time Index (RTI).
Participants in the contract can get $1 for every contract they own if their prediction is correct. They can also close their position before the event resolves.