Price chart
Loading EdgeX candles…
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 EdgeX, HOOD is a synthetic perpetual market. EdgeX runs its own book and funding schedule, so its mark price and open interest are quoted independently.
HOOD is listed as a EdgeX 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 EdgeX is a synthetic perpetual market that tracks price exposure linked to 1 share of Robinhood Markets, Inc. It trades on EdgeX, so you can go long or short without holding any shares.
- HOOD on EdgeX is a synthetic perpetual market that tracks price exposure linked to 1 share of Robinhood Markets, Inc. It trades on EdgeX, so you can go long or short without holding any shares.
- Can HOOD's price on EdgeX differ from the price on other venues?
- Yes. EdgeX runs its own book and funding schedule, so its mark price and open interest are quoted independently and can differ from the same instrument on another venue.
- What does it mean that EdgeX runs its own funding schedule?
- Funding is a periodic payment between long and short positions that keeps a perpetual's price anchored to its underlying. EdgeX sets and settles its own funding on its own schedule, so the funding rate on EdgeX can differ from the funding rate on other venues.
Related instruments
Other EdgeX markets sharing this asset's sectors.
Related articles
- How crypto leverage trading worksCrypto leverage lets you control a larger position with a smaller deposit of collateral.
- Trading Perpetual Futures: How They Work and What You Need to KnowUnderstand perpetual swaps (perps), how they differ from dated futures, how funding rates anchor their price to spot, and basis risk.
- Crypto Funding Rates: What They Are, Who Pays, and How to Trade ThemLearn how crypto funding rates work, how to calculate positive and negative funding fees, and how to read funding dashboards like Coinglass to predict market moves.
