What happened
Robinhood on Tuesday laid out plans to bring crypto perpetual futures to U. S. traders with margin capped at 10x, according to a report from Crypto.
News citing the company's disclosure. The broker also flagged a separate 24/7 weekend stock trading rollout that remains subject to regulatory review before it can go live. The two products are being packaged as part of a broader push to keep active traders inside Robinhood's app rather than watching them route flow to offshore venues.
No firm launch date was given for the perps product, and the company did not name a specific exchange partner or clearing venue in the initial disclosure. Robinhood already runs a crypto perps product in the EU following its Bitstamp acquisition, so the internal plumbing exists. Bringing it onshore is the harder part.
Why it matters
U. S. retail has been shut out of onshore crypto perpetuals for years.
That's why volumes on Binance, Bybit, OKX, and Hyperliquid dwarf anything CFTC-regulated venues have managed to build domestically. If Robinhood pulls this off, it becomes the first mass-market U. S.
broker to hand app-based retail a margin perp product with a familiar interface. The 10x cap is worth reading carefully. Offshore venues routinely offer 50x, 75x, even 125x.
10x is conservative by that standard and reads like a number designed to survive a regulator conversation, not to compete with Bybit on raw margin. That is probably the point. The bigger prize is the 24/7 weekend equity trading push, which would put Robinhood alongside 24 Exchange and a handful of other venues trying to break the Monday-Friday cadence that has defined U.