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About Robinhood
HOOD tracks the value of 1 share of common stock in Robinhood Markets, Inc. Robinhood operates a retail brokerage platform offering commission-free trading in equities, options, and cryptocurrencies to individual investors.
On Aster (AsterDex), HOOD is a synthetic perpetual market. Aster quotes it independently of every other venue CoinBeaver tracks, so its mark price, funding rate and open interest are its own.
HOOD is listed as an Aster synthetic perpetual market. Prices track traditional-asset exposure synthetically and do not represent ownership of the underlying shares, ETFs, commodities, or cash instruments. Educational market data only — not investment advice.
Sector tags: Consumer Tech.
Frequently Asked Questions
- Does trading HOOD give me any of the rights of owning Robinhood stock?
- No. HOOD is a synthetic perpetual with no delivery mechanism or arbitrage bridge to Robinhood's actual shares. It gives price exposure only — there are no shareholder rights, no dividends, no voting rights, and no claim on the underlying stock.
- Where is Robinhood listed, and in what currency does HOOD trade?
- Robinhood is a U.S. company listed on the Nasdaq stock exchange, and its common stock trades in U.S. dollars. HOOD's price already reflects that USD-denominated stock, with no currency conversion involved.
- How is HOOD different from other names, like DKNG?
- HOOD is a securities and crypto brokerage regulated as a financial firm. DKNG, by contrast, operates regulated sports betting and daily-fantasy-sports products — a different regulatory category (financial brokerage vs. gaming), even though both let users take positions on outcomes.
- HOOD on Aster is a synthetic perpetual market that tracks price exposure linked to 1 share of Robinhood Markets, Inc. It trades on Aster, so you can go long or short without holding any shares.
- HOOD on Aster is a synthetic perpetual market that tracks price exposure linked to 1 share of Robinhood Markets, Inc. It trades on Aster, so you can go long or short without holding any shares.
- Can HOOD's price on Aster differ from the price on other venues?
- Yes. Aster quotes HOOD independently of every other venue CoinBeaver tracks, so its mark price, funding rate, and open interest are its own. The price on Aster can therefore differ from the same instrument on another venue.
- What does an independent quote on Aster mean in practice?
- It means HOOD's price on Aster is set by activity on Aster itself — its mark price, funding rate, and open interest reflect Aster's own market rather than being copied from another venue's feed.
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