Crypto
Robinhood Predicts HYPE Price to Hit $58 by July Deadline
The Robinhood crypto prediction market has set its sights on the future price of HYPE. A contract is live, allowing users to bet on whether the asset's value will reach or exceed $58 by July 23rd at 11pm EDT.
The price used to determine this market is based on CF Benchmarks' Real Time Index (RTI), which collects and averages 60 prices in real-time before the contract expires.
Users who correctly predict HYPE's price will receive $1 for every contract they own. The event resolution typically takes place within one hour of the contract's expiration time.