Robinhood Lists SOL Event Contracts at 98¢ for $75 July 26 Target
Updated
Updated · robinhood.com · Jul 26
Robinhood Lists SOL Event Contracts at 98¢ for $75 July 26 Target
3 articles · Updated · robinhood.com · Jul 26
Summary
Robinhood Derivatives is offering SOL event contracts tied to Solana's price at 4 p.m. EDT on July 26, with the $75-or-above contract priced at 98 cents.
CF Benchmarks' Real Time Index will determine the outcome: 60 readings in the final minute before expiration are averaged to set the official settlement price.
The listed ladder ranges from $74.75 or above at 99 cents to $100.5 or above at 1 cent, and correct contracts pay out $1, usually within an hour of resolution.
Trading runs nearly 24 hours a day except Thursday from 3 a.m. to 5 a.m. ET, while source-agency employees and traders with material non-public information are barred.
The SOL listing follows a similar Robinhood event-contract offering for ETH, underscoring the platform's broader push into crypto price-prediction markets.