CF Benchmarks Sets HYPE June 28 Price Using 60 RTI Readings
Updated
Updated · robinhood.com · Jun 28
CF Benchmarks Sets HYPE June 28 Price Using 60 RTI Readings
3 articles · Updated · robinhood.com · Jun 28
Summary
CF Benchmarks will determine HYPE’s official price for the June 28, 3 a.m. EDT event contract using its Real Time Index rather than exchange quotes.
60 RTI readings collected during the final minute before expiration will be averaged to produce the final settlement value.
Robinhood Derivatives says the contract trades nearly 24 hours a day, pauses Thursday from 3 a.m. to 5 a.m. ET, and typically pays out within an hour of resolution.
The listing also bars employees of source agencies and anyone with material non-public information from trading, underscoring the compliance rules around crypto event contracts.