Robinhood Perps: 10x on Bitcoin, 0.01% Fees, Coming to the US

Robinhood will offer crypto perpetual futures to eligible US customers in the coming months. Here's what it brings, and how to trade perps on a prop firm's money right now.

We earn a commission if you buy through our links or use code FPF. We're not affiliated with Robinhood. Disclosure

Key takeaways

  • Crypto perps are coming to the Robinhood app for eligible US customers in the coming months. They aren't live yet.
  • Up to 10x on BTC and ETH, 3x on SOL, XRP, DOGE, ADA, LINK and HYPE.
  • 0.01% per trade through the end of 2026.
  • On Robinhood you trade your own money. At a perps prop firm only the evaluation fee is on the line, from $10.

What Robinhood is bringing

Robinhood announced perpetual futures at its HOOD Summit on Sep 29, 2026. Perps have no expiry, so you hold a position as long as your margin covers it, and crypto trades around the clock. Robinhood is starting with lower leverage on the smaller coins. Robinhood's announcement

From Robinhood's HOOD Summit announcement, Sep 29, 2026.
WhoEligible US customers
WhenIn the coming months, no date yet
CoinsBTC, ETH, SOL, XRP, DOGE, ADA, LINK and HYPE
LeverageUp to 10x on BTC and ETH, 3x on the rest
Fees0.01% per trade through the end of 2026
Offered byRobinhood Derivatives, through Bitstamp
ToolsStop-loss, take-profit, live liquidation price, risk alerts

Robinhood perps or a perps prop firm?

Same product, different money. On Robinhood every loss comes out of your account. At a perps prop firm you pay a one-time fee, trade a simulated account, and the firm pays you a split of the profit. Blow the account and the fee is all you lose.

Robinhood perps vs a perps prop firm.
FeatureRobinhood perpsPerps prop firm
Whose moneyYoursThe firm's, on a simulated account
Most you can loseYour own capitalThe evaluation fee
Cost to startYour depositFrom $10 (Vest $500 instant)
Profit you keepAll of it80% to 100%, by firm and plan
Leverage10x on BTC and ETH, 3x on the restSet by each firm
AvailableIn the coming months, US onlyNow

Trade perps on firm money today

Robinhood perps aren't live yet. These two are, and both take code FPF: 5% off at Vest, 50% off your first order at E8.

Code FPF works at Vest (5% off), My Funded Perps (30% off) and E8 Markets (50% off your 1st order)

CodeFPF
Get VestGet E8

Questions

When do Robinhood perps go live?

Robinhood says crypto perps come to eligible US customers in the coming months. It hasn't given a date.

What leverage do Robinhood perps have?

Up to 10x on Bitcoin and Ether, and 3x on the other six coins.

What do Robinhood perps cost?

0.01% per trade, one basis point, through the end of 2026.

Which coins can I trade?

BTC, ETH, SOL, XRP, DOGE, ADA, LINK and HYPE.

Can I trade perps without my own money?

Yes, through a perps prop firm. You pay an evaluation fee, trade a simulated account and get paid a share of the profit. Vest starts at $10 for a $500 instant account, and a $5K E8 Pro is $14 with code FPF on a first order.

Is Robinhood a prop firm?

No. Robinhood is a broker: you trade your own money and keep all of the profit and loss. A prop firm funds a simulated account and pays you a split of what you make.

More news

All perps prop firm news