Robinhood Launches HYPE Crypto Price Prediction Market

Robinhood has launched a prediction market for the future price of the cryptocurrency HYPE. The contract, set to resolve on Oct 5, 2026 at 9 PM EDT, allows users to bet on whether the price will reach certain thresholds. For example, users can wager on whether the price will be $94.75 or above, $94.5 or above, or $95 or above, with payouts ranging from 4 cents to 99 cents per contract depending on the outcome.

The price used to determine the contract's outcome is based on CF Benchmarks' corresponding Real Time Index (RTI). This index collects 60 RTI prices in the final minute before expiration, and the official value is the average of these prices. The platform emphasizes that not all cryptocurrency price data is the same, and users should rely on the RTI for accurate pricing.

Participants can earn $1 for every contract they own if their prediction is correct. Alternatively, they can close their position before the event resolves. However, additional fees apply, and users should read the full contract terms and conditions. Trading prohibitions are in place for persons employed by the source agencies or those holding material, non-public information on the underlying asset.

The prediction market is offered by Robinhood Derivatives, LLC through various exchanges, including KalshiEX LLC, ForecastEX, LLC, Rothera Exchange and Clearing LLC, or North American Derivatives Exchange, Inc. The platform notes that trading involves significant risk and may not be suitable for everyone.