Robinhood launches Dogecoin price prediction market for 2026

Robinhood has launched a prediction market for the future price of Dogecoin. The contract in question asks participants to predict whether the price of Dogecoin will be above $0.005, $0.01, $0.015, $0.02, or $0.025 on October 5, 2026, at 4 am EDT. The price used to determine the outcome will be based on CF Benchmarks' Real Time Index (RTI).

Participants can gain $1 for every contract they own if their prediction is correct. They also have the option to close their position before the event resolves. The payout typically occurs within one hour of event resolution. Robinhood notes that additional fees apply and encourages users to read the full contract terms and conditions.

The prediction market comes with certain restrictions. Persons employed by any of the Source Agencies or those holding material, non-public information on the underlying asset are not permitted to trade on the contract. Robinhood also emphasizes that trading futures, options on futures, and cleared swaps involves significant risk and is not appropriate for everyone.

Live data provided is for informational purposes only and may be delayed or incorrect. The event contracts are offered by Robinhood Derivatives, LLC through either KalshiEX LLC, ForecastEX, LLC, Rothera Exchange and Clearing LLC, or North American Derivatives Exchange, Inc.