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- Volume 24h
- $411K
- Open Interest
- $321K
Asset Categories
- Prediction Markets
Protocol Info
Launch Date
Jul 1, 2026
Supported Wallets
S
Smart Contract WalletsRestricted Regions
No Restrictions
Trading and orders
Markets, leverage and the controls available before you enter a position.
- Order Matching Model
- Off-chain Clob
- Max Leverage
- 20
- Margin Modes
- Isolated Cross
- Supported Order Types
- Limit Orders
- Subaccount Support
- Yes
- Reduce-Only Orders
- Yes
More about trading and orders
- TP/SL on Entry
- Yes
- Time In Force Options
- Gtd
- Market Hours
- Continuous 24 7
Costs and funding
Trading charges, discounts and the cost of keeping a position open.
- Trading fee model
- Maker/Taker
- Funding Rate Interval
- 1 Hr
- Variable Pair-Fee Schedule
- Yes
- Funding Rate Calculation
- Dynamic
- Fee Inclusion Notes
- mPerp position fee: periodic charge on open positions during scheduled mark-price gaps, both longs and shorts, paid into the exchange; cadence and rate published per gap via API.
- Zero-Fee Promotion
- Yes
Collateral and exits
What you can deposit, where funds are held and how you get them back.
- Accepted Collateral Types
- Synthetic USD
- Account Model
- Wallet-Based
- Withdrawal Settlement Time Median
- Chain Dependent
- Cross-Chain Deposit Method
- LayerZero OFT
- Multi-Collateral Support
- No
Security and risk
Audits, liquidation rules and who can change the system.
- Audit Firms
- Guardian, ChainSecurity
- Oracle Provider(s)
- Pyth Network
- Liquidation Mechanism
- Positions transfer to liquidator account for reduction
- Mark vs Last Price Liquidation
- Mark Price
Token and rewards
Token utility, points and referral programmes available to traders.
- Has Points Program
- Yes
- Rewards Programs
- Competitions
Access and experience
Regional restrictions, wallet requirements and ways to use the venue.
- Mobile App
- Browser App, Mobile Optimized
Venue notes
The shipped product is a prediction market plus an LP vault; perpetuals on Robinhood Chain are marked coming soon. Replaces Ethereal DEX, whose perpetuals went close-only on 2026-07-28. Position Hedge Mode + Isolation Level: no; single net (signed) position per subaccount+product - opposite-side fills reduce or flip the position rather than opening a separate hedge; holding both a long and a short on the same product simultaneously requires separate subaccounts Has Native Collateral: No native stablecoin or LST is issued. Predict collateral is USDe only (Ethena's synthetic dollar, a third-party asset); other tokens must be swapped to USDe first. Perps margin (once live) will use MeridianUSD, an internal wrapper token around an approved USD asset, not a novel native collateral asset.
