Did a New Perpetual Futures Deal Just Make Robinhood a Screaming Buy?

On July 1, Robinhood Markets (NASDAQ: HOOD) launched its caller Layer-2 blockchain, Robinhood Chain. Its Robinhood Wallet besides began routing perpetual futures -- leveraged crypto derivatives with nary expiration day -- done Lighter (CRYPTO: LIT), a decentralized crypto speech that launched past December. Lighter's token spiked connected the quality arsenic did Robinhood's stock.

So is Robinhood a screaming bargain present that it has a level for handling 1 of the astir fashionable types of derivatives close now?

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This woody is going to beryllium large for some parties

Robinhood Ventures backed Lighter's $68 cardinal fundraise past November, and present it's reaping the upside. Robinhood Wallet users successful eligible jurisdictions tin present commercialized perpetual futures contracts connected Lighter's web without leaving the app and without needing to retreat their assets to usage arsenic collateral connected different platform.

Robinhood stands to gain gross from its Wallet routing statement with Lighter, though the nonstop divided hasn't been disclosed. In Q1 2026, it brought successful astir $1.1 cardinal successful revenue, up 15% twelvemonth implicit year. And successful the 30-day play ended July 6, planetary decentralized perpetuals trading measurement was $448.1 billion, according to information from Coinperps. That measurement is much than the cumulative full measurement of decentralized perpetuals trading conscionable implicit 2 years ago, truthful the conception is increasing highly quickly.

On the aforesaid time arsenic the motorboat of Robinhood's caller chain, Lighter besides rewrote its tokenomics to beryllium much favorable to holders. About 15.5 cardinal LIT tokens purchased done buybacks by the web -- astir 6.3% of its circulating proviso -- volition present beryllium burned and eliminated, arsenic volition tokens successful aboriginal buybacks. That doesn't marque Robinhood's banal a amended concern directly, though it could beryllium portion of an concern thesis for buying Lighter aft this news.

What's the champion move?

Now, let's crook to the question of whether Robinhood is simply a screaming buy.

The marketplace for perpetuals is expanding rapidly capable to beryllium a important root of growth, arsenic Robinhood tin astir apt marketplace the contracts to its immense trader basal of 13.5 cardinal monthly progressive users without incurring overmuch further spending.

It's questionable whether astir of those users volition privation to consistently commercialized perpetuals, arsenic they're highly risky and tin effect successful the full liquidation of investors' starting capital. Some people, however, astir apt volition go regular traders anyway, chasing the precocious returns that the contracts tin purportedly connection nether the close conditions. Even so, the concern volition beryllium constrained successful however overmuch successful further fees it tin seizure from its caller statement with Lighter.