Updated
Updated · robinhood.com · Jul 4
Robinhood Launches XRP Prediction Market at $1.13991 Strike for July 4
Updated
Updated · robinhood.com · Jul 4

Robinhood Launches XRP Prediction Market at $1.13991 Strike for July 4

3 articles · Updated · robinhood.com · Jul 4

Summary

  • Robinhood Derivatives listed an XRP event contract tied to the token’s price at 8 a.m. EDT on July 4, 2026, with traders able to buy strikes including $1.13991, $1.15991 and $1.45991.
  • The market resolves using CF Benchmarks’ Real-Time Index, calculated as a simple average over the 60 seconds before the target time; if data is missing, affected strikes resolve to No.
  • Winning contracts pay $1 each, though traders can exit before resolution; the market trades 24 hours a day except Thursdays from 3 a.m. to 5 a.m. ET, and fees apply.
  • The launch extends Robinhood’s crypto event-contract lineup after an earlier XRP contract tied to a 3 a.m. EDT reading, alongside similar markets for BTC, ETH, SOL and Dogecoin.

Insights

The price index rules changed days before settlement. How can users trust that these lucrative crypto prediction markets are not being manipulated?
As prediction market revenue soars, can regulators stop these platforms from becoming the next generation of high-stakes digital casinos?