Robinhood Launches US Crypto Perpetual Futures With Up to 10x Leverage

Robinhood's move matters less for the leverage cap than for the venue: a mainstream US retail brokerage now distributing perpetual-style crypto exposure through its own derivatives arm and Bitstamp, rather than pushing users offshore. That shifts the competitive frame for US platforms still weighing regulated perp access, and it hands a familiar on-ramp to retail traders who previously had to leave the app. The open question is whether demand follows the rollout and whether the phased access expands as planned.