Robinhood Derivatives Launches Dogecoin Market on $0.095 Price at 10 a.m. EDT

Q: What happens to your money if the benchmark data mysteriously vanishes right before your Dogecoin contract expires?

If CF Benchmarks’ Dogecoin data disappears or is incomplete at expiration, Robinhood’s contract terms indicate the affected DOGE strikes resolve to “No.” That means only traders holding “No” contracts get the $1-per-share payout, while “Yes” holders lose what they paid for those contracts. The key point is that settlement does not use prices from Google, Coinbase or Robinhood’s own app. It relies solely on CF Benchmarks’ Dogecoin Real Time Index. For the short-duration DOGE markets, the final value is based on the average of the 60 index readings in the last minute before expiry, rounded to seven decimal places. If those readings are unavailable or incomplete, the rule in the related market materials is explicit: the affected strikes resolve to No. So if you were long a Yes position and the benchmark vanished right before the contract expired, your stake would not be refunded under the published rule; the market would settle against you. If you were long No, you would benefit from that outcome. Traders can avoid holding through that risk by closing the position before expiration, though Robinhood says fees may apply. The broader lesson is that in these event contracts, benchmark availability is part of the product risk, not just Dogecoin’s price direction.

3 articles · Updated · robinhood.com · Aug 24

Robinhood Derivatives listed a new event contract that pays $1 per winning position based on whether Dogecoin is at or above $0.095 at 10 a.m. EDT on Aug. 24, 2026.
The contract resolves using CF Benchmarks' Real Time Index rather than prices shown on platforms such as Google or Coinbase, with payouts usually made within an hour after resolution.
Trading runs 24 hours a day except Thursdays from 3 a.m. to 5 a.m. ET, and Robinhood also shows adjacent strike levels from $0.005 to $0.02 and related crypto prediction markets.
The listing comes with standard event-contract restrictions, barring source-agency employees and anyone with material non-public information from trading, while warning that derivatives and cleared swaps carry significant risk.