Robinhood launches HYPE cryptocurrency price prediction market
Robinhood is offering a prediction market contract on the future price of the cryptocurrency HYPE. The contract asks participants to predict whether the price of HYPE will reach certain thresholds on October 6, 2026, at 9 PM EDT. The price will be determined using CF Benchmarks' Real Time Index (RTI), which averages 60 RTI prices collected in the final minute before expiration.
The contract provides several price prediction options. For example, participants can bet on whether the price will be $91.75 or above, $92 or above, or even $100 or above. Each prediction has a corresponding payout if correct, with the highest payout being 97¢ for the $91.5 or above prediction.
Trading for this contract is available 24 hours a day, except for a brief maintenance period on Thursdays from 3 AM to 5 AM ET. Payouts are typically issued within one hour of the event's resolution. Robinhood Derivatives, LLC operates the contract through various exchanges, including KalshiEX LLC and ForecastEX, LLC.
The platform also includes trading prohibitions to prevent insider trading. Individuals with material, non-public information or those employed by source agencies are not permitted to trade on the contract. The live data provided is for informational purposes only and may be delayed or incorrect.