Robinhood Derivatives Settles HYPE Contract Ahead of August Deadline

The cryptocurrency market is abuzz with excitement as Robinhood Derivatives, LLC prepares to settle its contract on HYPE's price on August 21, 2026 at 11pm EDT. The contract offers a payout of $1 for every contract owned if the prediction is correct.

According to the contract terms, the price used to determine this market is based on CF Benchmarks' corresponding Real Time Index (RTI). At the last minute before expiration, 60 RTI prices are collected, and the official and final value is the average of these prices.

The contract offers a range of potential payouts depending on HYPE's price at the time of resolution. If the price reaches $81 or above, owners will receive 33 cents per contract, while if it hits $83 or above, they'll get just 4 cents.