Robinhood Begins US Crypto Perps Rollout With Up to 10x Leverage
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Robinhood started rolling out U.S. crypto perpetual futures on Sept. 29, with eight supported assets and leverage up to 10x. The company also introduced an in-app AI agent builder and said the new products are coming to eligible U.S. customers.
Key claims & sources
What it means
Eligible U.S. traders are the main group that notices this first, because Robinhood is opening crypto perps in the app and pairing them with an AI trading tool that can place trades on a customer’s behalf. Those who can access the new products will see more leveraged crypto trading choices and a new automated trading feature in the same platform.
Before this rollout, Robinhood’s U.S. crypto offering did not include perpetual futures in the app, and the new product adds contracts with no expiration dates and leverage up to 10x. The company also said profit and loss on the perps product would settle every 15 minutes, while the broader stock-trading expansion remains tied to regulatory review.
Market reaction i
The move was larger before the first headline than after. That is an observation, not an explanation: the market also moves on things nobody publishes.
Coverage timeline
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