Robinhood is expanding its trading offerings by introducing crypto perpetual futures with meaningful leverage for select US users, starting September 29. The offering allows traders to access no-expiry contracts on major cryptocurrencies with up to 10x leverage through the company's Derivatives platform and Bitstamp.
The launch features eight perpetual contracts across heavily traded digital assets. Bitcoin and Ethereum are eligible for up to 10x leverage, enabling a trader to control $10,000 worth of Bitcoin or Ethereum with $1,000 in margin. Six other tokens—Solana, XRP, Dogecoin, Cardano, Chainlink, and HYPE—are subject to a 3x leverage cap. Additionally, Robinhood has set a temporary trading fee of 0.01% through the end of 2026.
This rollout was facilitated by Robinhood's acquisition of Bitstamp, which closed in June 2025 for approximately $200 million. The transaction provided Robinhood with global crypto exchange infrastructure, regulatory relationships, and institutional-grade systems. By utilizing Robinhood Derivatives—a CFTC-registered futures commission merchant and NFA member—the company can offer these leveraged products within a compliant framework following prior international rollouts in the EU.
The new offering accompanies other platform updates, such as AI trading agents and weekend equity trading. However, the introduction of leveraged trading brings distinct risks, including the potential for rapid liquidation, where a 10% adverse price move at 10x leverage can eliminate an entire position.
