Robinhood Derivatives Offers HYPE Price Prediction Contract
The cryptocurrency market has a new prediction contract available on Robinhood's Derivatives platform. The contract, which expires on September 6, 2026 at 6am EDT, asks traders to predict the price of HYPE at that time.
According to the contract details, if the price of HYPE is $87 or above, the payout will be 95¢ per contract owned. If it reaches $88 or above, the payout will be 6¢ per contract. And if it hits $90 or above, the payout will be 3¢ per contract.
The contract uses CF Benchmarks' Real Time Index (RTI) to determine the price of HYPE at expiration time. The final value is calculated as the average of 60 RTI prices collected in real-time before expiration.