Robinhood's HYPE Prediction Market Aims to Nail August Price

The crypto prediction market on Robinhood is focusing on the price of HYPE (no ticker provided) at a specific point in time. The contract, which resolves on August 31, 2026 at 7pm EDT, has three possible outcomes: $84 or above, $85 or above, and $86 or above.

The price used to determine the outcome is based on CF Benchmarks' corresponding Real Time Index (RTI). This index collects 60 RTI prices in real-time before expiration, with the final value being the average of these prices.

Investors who own contracts for a correct prediction will receive $1 per contract. They can also close their positions before the event resolves, but this comes with additional fees.

The market is open 24 hours a day, except on Thursdays from 3am-5am ET. This means investors have ample time to make predictions and adjust their strategies as needed.