Updated
Updated · robinhood.com · Jul 19
Robinhood Offers XRP Price Contracts for July 19 at 99¢ and $1.07991 Strikes
Updated
Updated · robinhood.com · Jul 19

Robinhood Offers XRP Price Contracts for July 19 at 99¢ and $1.07991 Strikes

3 articles · Updated · robinhood.com · Jul 19

Summary

  • Robinhood Derivatives listed event contracts tied to XRP’s price at 4 a.m. EDT on July 19, 2026, paying $1 per contract if the selected threshold is met.
  • Key strikes shown include $1.07991 or above at 99 cents, $0.91991 or above at 98 cents, and $1.09991 or above at 2 cents, giving traders a market-based view of expected price levels.
  • CF Benchmarks’ Real Time Index determines the outcome using the simple average over the 60 seconds before the target time; if data is missing or incomplete, affected strikes resolve to No.
  • The contracts trade nearly 24 hours a day except Thursday from 3 a.m. to 5 a.m. ET, with payouts usually within an hour after resolution.
  • Robinhood said restrictions apply to source-agency employees and anyone with material non-public information, and the contracts are offered through KalshiEX, ForecastEX or Rothera.

Insights

With billions wagered on XRP's future, what is the real impact on its long-term value?
Are crypto event contracts a savvy investment or just a new form of digital gambling?
As courts clash, will prediction markets be legalized nationwide or banned state-by-state?