Robinhood to launch U.S. crypto perpetual futures with leverage caps
The brokerage will offer the derivatives product to eligible U.S. users in the coming months, with higher leverage for bitcoin and ether.
Key takeaways
- Perps launch is months away. Robinhood said the crypto perpetual futures will roll out over the next few months.
- Fees are 0.01% through 2026. The company will charge a 0.01% fee per trade on perps through the end of 2026.
What happened
Robinhood unveiled plans for crypto perpetual futures for eligible U.S. users at its Sept. 29 HOOD Summit in Houston. The derivatives will be offered via Robinhood Derivatives, a CFTC-registered futures commission merchant, using Bitstamp's infrastructure, with a rollout scheduled for the coming months. Traders can take long or short positions across eight crypto assets: BTC, ETH, SOL, XRP, DOGE, ADA, LINK and HYPE, with no fixed expiry date for contracts. Profit and loss settles every 15 minutes, and users have access to stop-loss, take-profit orders and real-time liquidation price alerts. Through the end of 2026, Robinhood will charge a 0.01% fee per trade on these products.
Why it matters
The launch follows a May 2026 CFTC action that established a clearer regulatory path for crypto perpetual futures in the U.S. The agency approved KalshiEX's BTCPERP contract as a futures contract and issued guidance that perpetual contracts for asset classes not covered by the approval would undergo case-by-case review. Robinhood's use of its CFTC-registered derivatives arm and Bitstamp infrastructure aligns with this new framework, marking one of the first mainstream U.S. brokerage offerings of this crypto derivative product.
What the data shows
- Trading fees are fixed at 0.01% per trade through December 31, 2026.
- Profit and loss for all perps settles every 15 minutes.
- Eight crypto assets are supported for the initial perps launch.
Background
- Robinhood completed its $200 million acquisition of crypto exchange Bitstamp in June 2025. As of the announcement, more than 150,000 customers have opened AI-powered agentic trading accounts on the platform, with those agents executing nearly 30 million actions daily.
What is still unclear
- Robinhood has not shared a specific launch date for the crypto perpetual futures beyond a general 'coming months' timeline, nor detailed exact eligibility requirements for U.S. traders.
Questions readers ask
What crypto assets will Robinhood's perpetual futures support?
Robinhood's initial crypto perpetual futures will support eight assets: BTC, ETH, SOL, XRP, DOGE, ADA, LINK and HYPE. BTC and ETH will have higher leverage caps than the other six assets.
When will Robinhood's crypto perpetual futures launch for U.S. traders?
Robinhood said the products will roll out in the coming months, with no specific launch date announced as of the Sept. 29 HOOD Summit announcement.