Robinhood Launches Dogecoin Price Prediction Contract for September 2026

Robinhood's Derivatives platform has introduced a new contract tied to the price of Dogecoin on September 28, 2026, at 1am EDT. The contract is based on CF Benchmarks' Real Time Index (RTI) and will determine whether the Dogecoin price reaches specific thresholds. If the price of Dogecoin exceeds $0.09 at 1am EDT on the specified date, holders of the contract can receive a payout.

The contract details state that if the price is above $0.095, holders will receive a payout of 13 cents per contract, while a price above $0.1 will result in a payout of 1 cent per contract. However, it's essential to note that trading hours for this contract are 24/7, except on Thursdays between 3am-5am ET.

The platform emphasizes the importance of understanding the risks involved with futures and options trading, which may not be suitable for everyone. As a result, potential traders should carefully consider their personal financial circumstances before participating in the contract.