Robinhood Launches XRP Price Prediction Market for August 2026
The financial platform Robinhood has introduced a new contract on its derivatives exchange. This contract allows users to bet on the price of Ripple (XRP) at a specific point in time: August 3, 2026, at 12am EDT.
The prediction market uses data from CF Benchmarks' Real-Time Index (RTI), which provides continuous pricing data for major cryptocurrencies. The platform resolves based on a simple average of the index for the 60 seconds prior to the specified time.
Users can place bets with three possible outcomes: $1.05991 or above, $1.07991 or above, and $0.25991 or above. If the price meets one of these criteria at exactly the specified time, users will receive a payout. The market is open for trading, but it comes with risks and fees.
Roger, an unnamed person mentioned in the source, is not eligible to trade on this contract due to his employment by one of the Source Agencies.