Robinhood announced the launch of perpetual futures trading for eligible US customers, supporting up to 10x leverage on BTC and ETH, while offering lower leverage on other assets including SOL, XRP, DOGE, ADA, LINK, and HYPE. These contracts have no expiration date and will be offered through Robinhood Derivatives and Bitstamp. The move aims to attract active traders.

Which assets are affected

BTC, ETH, SOL, XRP, DOGE, ADA, LINK, HYPE

Bull and Bear Views

Bulls believe that Robinhood, as a mainstream broker entering the space, will significantly lower the barrier for US retail investors to access perpetual contracts, bringing more liquidity and buying pressure—especially bullish for BTC and ETH trading volume. Bears worry that the regulatory environment remains unclear, and large platforms introducing high-leverage products could trigger a new wave of retail liquidations and exacerbate market volatility.

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