Robinhood Launches Dogecoin Price Prediction Contract
The Robinhood Derivatives, LLC platform has introduced a contract for predicting the price of Dogecoin on July 28, 2026 at 7pm EDT. The contract is based on CF Benchmarks' Real Time Index (RTI) and allows users to bet on whether the price will be above certain thresholds.
The contract has three possible payout thresholds: $0.0000001 or above, $0.005 or above, and $0.01 or above. If a user's prediction is correct, they will receive $1 for every contract they own. However, users can also close their positions before the event resolves.
The contract comes with restrictions and eligibility requirements, including prohibitions on trading for persons employed by certain agencies and those holding material non-public information on Dogecoin.