US regulated perps could be one of the most profitable narratives in the next six months as a mostly offshore market opens to US retail. Robinhood has a large retail base; Coinbase has Deribit liquidity and seeks stock perps. Hyperliquid could gain from sector validation despite competition. Lighter has Robinhood Wallet integration; Robinhood Chain uses Arbitrum's stack under a deal designed to send part of protocol revenue to its ecosystem. Regulation and token value capture remain uncertain. … Show more

Hyperliquid's growing perp share feeds fees into HYPE buybacks even as the market shrinks. Its share among the top 12 perp DEXs rose from 25% in January to 43% in September, below August's 47% peak. Its trailing buyback yield is 3.52% versus 1.51% for the S&P 500, but depends on trading volume and shrinks on fully diluted supply as tokens unlock. Watcher Guru reported plans by the NYSE owner to bring HYPE perps to regulated US markets; $100 remains the chart target. x.com  x.com  x.com  x.com  x.com  … Show more

Robinhood's growing prediction markets, options and Gold subscriptions make the $90s one of the most exciting times to buy. Q3 event-contract revenue reached $173 million, up over sixfold, options rose 31% to $399 million, and Gold subscribers reached a record 5.2 million. Crypto revenue fell 55% year over year to $120 million, and Dr. Crossroads reported misses on revenue and EPS; Robinhood remains a great buy as its international reach and banking services expand. x.com  x.com  x.com 

Crypto assets should reprice upward as purchasing power falls and nearly everything else costs more. Tokenization is still in its earliest stage and should reward patient investment in projects positioned to capture it; an altcoin portfolio centered on Ethereum and value-accrual tokens, with some Robinhood and Arc exposure, should outperform nearly everything over six to twelve months. Robinhood and Arc chains may drive much of the broader altcoin expansion. x.com  x.com  x.com  x.com 

Robinhood's record revenue and growing prediction-markets business support a near-term recovery in its stock after earnings. Q3 revenue reached $1.42B, crypto revenue of $120M beat the $114.1M estimate, and prediction-markets revenue rose sixfold year over year, though GAAP EPS missed at $0.51 versus $0.55. CEO Vlad Tenev said Robinhood plans to ramp support for Chain builders, bolstering the case for more ecosystem growth. x.com  x.com 

Robinhood's onchain business is growing fast, and insuring its onchain yield makes DeFi safer for new users. Per Robinhood Earn's Hillary Skeffington, Robinhood backstopped onchain yield with a Lloyd's of London policy, one of the largest active onchain insurance products in the industry, which shields users from risks like smart-contract hacks. Robinhood Chain is posting insane growth, and per Robinhood's Nicola White, it is introducing what it calls the first true US perps offering. x.com  … Show more

dYdX is the biggest decentralized perpetuals exchange, with billions in daily volume and real fees, users and protocol, yet its token is down 97% from its all-time high. The DeFi perps narrative is heating up, and dYdX is the original. x.com 

Robinhood's management says it can 10x the business over the next decade as it expands beyond trading into prediction markets, tokenization and banking. Q2 revenue rose 32% to $1.31B, Gold subscribers reached 4.8M and platform assets $384B by August. Event contracts traded 13.6B in Q2, up more than 10x. Robinhood Chain went live July 1, stock tokens are available in over 120 countries, and the SEC opened a five-year pathway for tokenized US stock trading. Banking has passed $3B in deposits. … Show more

Robinhood's assets under custody hit a record $377B at the end of May, up 48% year over year, which CEO Vlad Tenev calls the company's most important metric. Robinhood has historically converted about 2% of assets under custody into annual revenue, putting Q2 2026 on track to be its biggest quarter ever, and early June brought the first meaningful insider buying in years. With the stock still about 42% below its highs, Robinhood is easily a $500 billion company in the making. x.com  x.com 

Robinhood's next 10x, from about $100B to $1 trillion, could be its easiest because every adjacent market it enters is bigger than brokerage. CEO Vlad Tenev said he sees multiple axes on which the company could 10x and will pursue them all, and CFO Shiv Verma said it can 10x the business over 10 years. It holds nearly $400B of customer assets against competitors' tens of trillions, with retirement, banking, crypto, international and B2B each a larger TAM. Global expansion could unlock much more. … Show more