Updated
Updated · robinhood.com · Jul 20
XRP Prediction Market Offers $1.07991 July 20 Contract as CF Benchmarks Sets 7 a.m. EDT Price
Updated
Updated · robinhood.com · Jul 20

XRP Prediction Market Offers $1.07991 July 20 Contract as CF Benchmarks Sets 7 a.m. EDT Price

3 articles · Updated · robinhood.com · Jul 20

Summary

  • $1.07991 is the lead strike in a new XRP event contract tied to the token's price at 7 a.m. EDT on July 20, 2026, with a correct contract paying $1.
  • CF Benchmarks' Real Time Index determines the outcome through a simple average of the 60 seconds before the target time; if data is missing or incomplete, affected strikes resolve to No.
  • Trading runs 24 hours a day except Thursday from 3 a.m. to 5 a.m. ET, and positions can be closed before resolution, with payouts usually made within an hour.
  • The listing follows earlier same-day XRP contracts for 5 a.m. and 6 a.m. EDT, extending a broader slate of crypto prediction markets offered through Robinhood Derivatives.

Insights

Robinhood's prediction markets are its fastest-growing product. Can this explosive growth survive an escalating regulatory war?
As courts clash over their legality, are crypto prediction markets the future of finance or just a form of gambling?
As insider trading concerns grow, can new laws truly prevent the corruption of these rapidly expanding prediction markets?