Robinhood Plans Crypto Perps at 10x Leverage for US Users
Robinhood plans to offer crypto perpetual futures to eligible customers in the United States, with Bitcoin and Ether contracts carrying up to 10x leverage and six other assets capped at 3x, Coincentral reported. The company announced the product during its HOOD Summit release on September 29, 2026, and said it will charge 0.01% per trade through the end of 2026.
The contracts will list eight crypto assets: Bitcoin, Ether, Solana, XRP, Dogecoin, ADA, LINK and HYPE. They carry no expiration date, and profit and loss settle every 15 minutes. CEO Vlad Tenev described the offering in a post on X as “America’s first true perps,” adding that it represents “a new chapter for US derivatives.” Users will be able to set stop-loss and take-profit orders, track liquidation prices in real time, and receive alerts when a position is at risk.
Key facts
- Robinhood plans to roll out crypto perpetual futures for eligible US users over the coming months, with no exact launch date confirmed as of September 30, 2026.
- Bitcoin and Ether contracts carry up to 10x leverage; Solana, XRP, Dogecoin, ADA, LINK and HYPE are capped at 3x.
- Trading fees are set at 0.01% per trade through the end of 2026, with trades supported by Bitstamp, the exchange Robinhood bought for $200 million in 2025.
- Robinhood also introduced Robinhood Agents, an AI feature letting users build agents inside the app for research and automated trading; more than 150,000 customers have opened agentic trading accounts since a related service launched in May.
- HOOD shares finished Tuesday’s session at $116.22 following the announcements, according to Blockonomi.
Where the products fit against what Robinhood already runs
The contracts will be offered through Robinhood Derivatives, a registered futures commission merchant. Robinhood already offers perpetual products in Europe through Bitstamp, though those began with lower leverage limits than the levels now planned for the US market, Coincentral reported.
US regulators opened a clearer path for these products earlier this year. On May 29, the Commodity Futures Trading Commission approved a Bitcoin-linked perpetual contract from KalshiEX as a futures product, and the agency said other perpetual contracts should generally go through case-by-case review. Robinhood’s release did not tie its new contracts to any specific past regulatory action.
Coincentral said the new product will let users take long or short positions, while Blockonomi reported that perpetual futures have no expiration date and represent the majority of worldwide crypto trading activity. Cryptobriefing covered a separate but related expansion: Robinhood announced on July 1 that it widened its European perpetual futures offerings beyond crypto into commodities, ETFs and foreign exchange pairs, including gold, crude oil, QQQ and EWY, and EUR/USD, all with up to 10x leverage and 24/7 access. Cryptobriefing noted that Robinhood first entered perpetuals with Bitcoin and Ethereum, then added pairs including XRP, DOGE, SOL and SUI at up to 7x leverage.
The AI agents and the trading-hours changes
Robinhood Agents perform market analysis, build trading strategies and execute orders on parameters set by the account holder. Blockonomi reported that users pick an AI model from providers including OpenAI, with OpenAI’s GPT-Luna model available at no cost until year-end. Transaction approval is on by default, though users can turn it off for fully autonomous operation. A feature called Loops will let users convert a trading strategy into persistent instructions that the agent runs continuously, checking market conditions and trading even while the user is offline.
Blockonomi flagged a concern raised by market analysts: if numerous agents run on similar models and datasets, they could enter identical positions at the same time and amplify small market moves into larger price swings. That risk remains hypothetical at this stage. An economist from Apollo separately raised a concern that AI agents moving funds automatically between institutions could drain banks of low-cost deposits used for lending.
Robinhood is also preparing 24/7 trading for a curated list of US stocks and ETFs, expected in early 2027 and still subject to regulatory approval. The sessions will be supported by Bruce ATS, an alternative trading system, and build on an extended-hours market that already runs from Sunday evening through Friday evening for hundreds of stocks and ETFs. Chief Brokerage Officer Steve Quirk said breaking news does not wait for the opening bell. Blockonomi added that earnings prediction contracts will debut ahead of third-quarter earnings season through Cboe with zero fees until year-end.
Schedule changes begin in October: options trading hours extend to 7:30 a.m. through 4:15 p.m. Eastern time, and eligible margin customers get intraday buying power rising from 2x to as much as 4x starting next month.
Why it matters
Retail traders in the US have had limited access to perpetual futures, a product that dominates offshore crypto volume. Robinhood’s entry would put a leveraged derivatives product into an app used heavily by less experienced investors, and the 3x cap on non-Bitcoin assets shows the company is segmenting risk by asset. The weekend stock trading plan extends a schedule battle among brokerages, moving toward round-the-clock access rather than fixed sessions. The agentic trading push matters for a different reason: it shifts part of the decision-making from the customer to software, which raises questions about concentration and control that regulators have not yet addressed in rulemaking.
What to watch
The concrete next steps are regulatory. Robinhood’s crypto perpetual futures still require approval before launch, and the weekend stock trading service needs sign-off ahead of its expected early 2027 debut. October brings the expanded options hours and the higher intraday buying power, followed by third-quarter earnings prediction contracts.
This article is not financial advice. Leveraged derivatives and crypto markets are volatile and uncertain, and losses can exceed what a trader expects.
Disclaimer: This article is for information only and is not investment, financial or trading advice. Cryptocurrency prices are highly volatile. Always do your own research.
Sources: CoinCentral, Blockonomi, Cryptobriefing
