Robinhood Launches HYPE Cryptocurrency Prediction Market

Robinhood has launched a new prediction market for the cryptocurrency HYPE, set to resolve on October 5, 2026, at 3 PM EDT. The market allows users to predict whether the price of HYPE will be above specific thresholds, including $93, $93.25, $93.5, or $94 at that time. The price used to determine the outcome will be based on CF Benchmarks' Real Time Index (RTI), which averages 60 collected prices at the last minute before expiration.

The prediction market operates on Robinhood Derivatives, LLC, through platforms like KalshiEX LLC or ForecastEX, LLC. Users can earn $1 for every contract they own if their prediction is correct or close their position before the event resolves. However, additional fees apply, and trading prohibitions are in place for those with material, non-public information or who are employed by the source agencies.

Robinhood emphasizes that live data is for informational purposes only and may be delayed or incorrect. The event contracts involve significant risk and are not appropriate for everyone, with restrictions and eligibility requirements applying.