Robinhood announced it will offer perpetual futures trading to eligible US users, supporting assets including BTC, ETH, SOL, XRP, DOGE, ADA, LINK and HYPE. BTC and ETH will offer up to 10x leverage, while other assets will have 3x leverage. The service is powered by Bitstamp, with initial trading fees at 0.01%.
Which Tickers 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 users to access high-leverage perpetual contracts, expected to bring substantial new capital and trading volume, which is bullish for related asset prices and on-chain activity. Bears worry that the regulatory environment remains unclear, US users face high compliance thresholds, initial adoption may fall short of expectations, and the low-fee strategy could trigger intense competition between platforms, squeezing overall profit margins.