Updated
Updated · robinhood.com · Jul 19
HYPE Targets $60.82 for July 19 2pm EDT Contract, With $60 and $61 Strikes at 97¢
Updated
Updated · robinhood.com · Jul 19

HYPE Targets $60.82 for July 19 2pm EDT Contract, With $60 and $61 Strikes at 97¢

3 articles · Updated · robinhood.com · Jul 19

Summary

  • $60.8211 in live pricing put HYPE above both the $60 and $61 July 19, 2026 2pm EDT event-contract thresholds, each quoted at 97¢.
  • CF Benchmarks' Real Time Index will determine the official result, using an average of 60 RTI readings collected in the final minute before expiration.
  • Correct contracts pay $1, with payouts usually issued within an hour after resolution; traders can also exit positions before the event settles.
  • The contract trades nearly around the clock except Thursday 3 a.m. to 5 a.m. ET, and bars source-agency employees or anyone with material non-public information.

Insights

With Robinhood facing a major gambling lawsuit, could this legal fight topple the entire prediction market industry?
HYPE's value is fueled by burning tokens from platform fees. Is this a revolutionary economic model or a house of cards?
As courts clash over whether prediction markets are finance or gambling, are traders placing bets in an unregulated casino?