The cryptocurrency market is abuzz with the recent listing of HYPE on Robinhood's derivatives platform. A new contract has been launched, allowing traders to predict the price of HYPE on June 24, 2026, at 6am EDT.
The contract uses CF Benchmarks' Real Time Index (RTI) as its pricing basis. The RTI collects 60 prices in the last minute before expiration and calculates the final value as their average.
Traders can choose to close their positions before the event resolves or wait until then, with the possibility of receiving $1 for every contract they own if their prediction is correct. However, additional fees apply, and those who work for Source Agencies or hold material non-public information on HYPE are prohibited from trading.