Robinhood Launches HYPE Price Prediction Market Ahead of September 2026 Expiration

Retail trading platform Robinhood has launched a prediction market for the cryptocurrency HYPE. The contract, which expires on September 22, 2026 at 10pm EDT, allows users to predict whether the price of HYPE will be above $97 or above $98 by that date.

The price used to determine this market is based on CF Benchmarks' corresponding Real Time Index (RTI), which collects and averages prices from multiple sources in real-time. This approach aims to provide a more accurate representation of the cryptocurrency's value than traditional sources like Google or Coinbase.

Users can buy contracts with a minimum price of $1, and if their prediction is correct, they will receive one dollar for every contract owned. Alternatively, users can close their positions before the event resolves, although additional fees may apply.