XRP Price Prediction Contract Launched by Robinhood Derivatives
Robinhood Derivatives has launched a contract on its platform that allows users to predict the price of XRP, also known as Ripple, on August 18, 2026 at 8pm EDT. The contract is based on the CF Benchmarks' Real-Time Index (RTI) and resolves based on a simple average of the index for the 60 seconds prior to the specified time.
The contract offers users a payout if their prediction is correct, with $1 for every contract owned. Users can also close their position before the event resolves. The contract resolution typically takes place within an hour after the event.
The contract prohibits persons who are employed by certain agencies or hold material non-public information on XRP from trading on it. It's essential to read the full contract terms and conditions, as well as understand the risks involved with futures and options trading.