Robinhood (HOOD) Perpetual, USDC-Settled

A cash-settled perpetual contract tracking Robinhood, a stock, settled in USDC with up to 10x leverage. You hold a derivative, not the underlying asset.

HOOD/USDC-PERP is a cash-settled perpetual contract tracking Robinhood, a stock. You hold a derivative, not the underlying stock — there is no ownership and nothing is delivered. Margin and profit or loss are denominated in USDC, with leverage up to 10x, and the contract never expires.

The same instrument is also listed settled in USDT (up to 20x).

Other stocks listed as perpetual contracts: INTC, PLTR, ORCL, MU, COST and LLY.

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