Price chart
Loading Hyperliquid 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 Hyperliquid, HOOD trades as a HIP-3 synthetic perpetual on the xyz decentralized exchange, with its own mark price, funding rate and liquidity.
HOOD is listed as a Hyperliquid HIP-3 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.
- What is HOOD on Hyperliquid?
- HOOD on Hyperliquid is a HIP-3 synthetic perpetual contract that tracks price exposure linked to 1 share of Robinhood Markets, Inc. common stock — Robinhood operates a retail brokerage platform offering commission-free trading in equities, options, and cryptocurrencies to individual investors. It trades 24/7 on the xyz decentralized exchange within the Hyperliquid ecosystem, so you can go long or short without holding any shares.
- Why can HOOD's Hyperliquid price differ from the underlying market's price?
- HOOD's price on Hyperliquid comes from a synthetic market with no delivery mechanism or arbitrage bridge to the underlying, so nothing forces the two to match at all times. The perpetual's price is driven by positioning, expectations, and funding rates on Hyperliquid, and significant divergence from the underlying price is possible.
- Can I trade HOOD on Hyperliquid around the clock?
- Yes. HOOD trades 24/7 as a HIP-3 synthetic perpetual on the xyz decentralized exchange within the Hyperliquid ecosystem, with no settlement delay — you can open, hedge, or close a position at any time, even outside the underlying market's regular trading hours.
Related instruments
Other HIP-3 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.
