Updated
Updated · robinhood.com · Jul 20
XRP July 20 Market Sets $1.05991 Strike, Resolves on 60-Second CF Benchmarks Average
Updated
Updated · robinhood.com · Jul 20

XRP July 20 Market Sets $1.05991 Strike, Resolves on 60-Second CF Benchmarks Average

3 articles · Updated · robinhood.com · Jul 20

Summary

  • $1.05991 is the lead XRP strike for the July 20, 2026 4 a.m. EDT prediction contract, with higher thresholds at $1.07991 and $1.09991.
  • CF Benchmarks' Real Time Index determines the outcome using a simple average of the 60 seconds before the deadline; if data is missing or incomplete, affected strikes resolve to No.
  • Winning contracts pay $1 and usually settle within an hour, while trading runs 24 hours a day except for a Thursday 3 a.m. to 5 a.m. ET pause.
  • Robinhood Derivatives offers the event contract with bans on trading by source-agency employees and anyone holding material non-public information.

Insights

Will billions in expiring contracts finally ignite a massive price move for XRP?
Are Robinhood's prediction markets a financial revolution or simply a new form of illegal gambling?
How will the battle between federal regulators and states decide the future of these markets?