Robinhood's HYPE Prediction Market Offers Bets on August Price Targets

The cryptocurrency HYPE is at the center of a prediction market on Robinhood's platform, where users can wager on its price on August 25, 2026. The market, offered by Robinhood Derivatives, LLC, allows participants to bet on whether HYPE will close above certain prices that day.

The options are straightforward: $79 or above ($87¢), $80 or above ($2¢), and $81 or above ($2¢). There is also a 'LIVE' option, which represents the current market price at the time of resolution. The contract resolves on August 25, 2026, at 9am EDT.

The payout for correct predictions is straightforward: $1 for every contract owned if the prediction is correct. Users can close their positions before the event resolves, but this comes with additional fees. It's worth noting that individuals employed by certain companies or those holding material non-public information on HYPE are not permitted to trade on the contract.

The price used to determine the market is based on CF Benchmarks' corresponding Real Time Index (RTI), which takes the average of 60 RTI prices collected at the last minute before expiration.