At its HOOD Summit in Houston on September 29, Robinhood showed three products for active traders. These are AI agents that trade on a client's behalf, perpetual futures with up to 10x leverage, and weekend stock trading. The company has more than 27 million funded accounts, so even a cautious start will reach a huge audience.
The launches are staggered. Robinhood Agents is due "soon" for eligible US customers, and perpetual futures are promised in the coming months. Today this is an announcement with numbers, not a finished product.
Agents: 150,000 accounts since May
According to Robinhood, since May, when the company let clients connect third party AI agents to brokerage accounts, customers have opened more than 150,000 agentic accounts. Those agents call the platform's tools almost 30 million times a day. Now access opens to everyone. In the app you can create your own agent, name it, give it a separate account and a model from OpenAI or Anthropic. OpenAI's GPT-Luna model will be free until the end of the year.
Do the math. 150,000 accounts are only about 0.55% of 27 million clients, so the experiment is still niche. At the same time 30 million calls a day work out to roughly 200 tool calls per agentic account, so the automation is very busy.
The agent analyzes the market, builds watchlists and trades stocks, options and crypto. The limits are strict. By default every trade has to be approved by hand, though that protection can be switched off. The agent sees only the money in its own account, and margin lending is unavailable at launch.
The next step is called Loops. A strategy becomes a standing instruction, and the agent checks the market every morning and trades when set conditions are met, even at night. There is no launch date for Loops, only "coming soon". For decisions, agents will be able to buy data from Nasdaq, Unusual Whales, Token Terminal and Quiver Quantitative.
Perps: 10x on Bitcoin and Ethereum, 3x on the rest
Robinhood will launch perpetual futures through its Robinhood Derivatives unit and the Bitstamp exchange it bought last year. For Bitcoin and Ethereum leverage reaches 10x. For SOL, XRP, DOGE, ADA, LINK and HYPE it starts at 3x. The fee will be 0.01% per trade until the end of the year.
The leverage split is telling too. The two largest assets get more than three times the leverage of each of the other six, so the company divides the market into a liquid top and everything else.
What does 10x mean in practice? A 10% price move against the position wipes out the whole deposit. The company explained the lower leverage on less liquid tokens by a wish to start carefully, and warned that limits may change.
The market for such products is huge. By CoinDesk's estimate, daily perp turnover exceeds $200 billion, but almost all of it still runs on offshore exchanges. You can compare the terms of different venues in our catalog of derivatives exchanges.
Weekends, options and contracts on company earnings
Round the clock trading appeared at Robinhood back in 2023, but it stopped for weekends. Now selected stocks and ETFs will be available on Saturday and Sunday through the Bruce ATS alternative trading system. NYSE and Nasdaq have already filed to extend their own trading hours, and Charles Schwab, Interactive Brokers and Fidelity are also building up products for active clients.
Options get longer trading hours and more intraday margin. Through Cboe, binary contracts on company metrics will appear, namely revenue, earnings per share or, in Apple's case, iPhone sales. Product vice president Abhishek Fatehpuria described the strategy briefly. More assets, then more hours.
"We're making Robinhood the best place in the world for active traders by delivering tools once reserved for hedge funds, big banks, and quant firms."
Vlad Tenev, CEO of Robinhood, from his HOOD Summit remarks on September 29, 2026
Risks: liquidations, model errors and a crowd of agents
- Liquidation. At 10x a 10% move against the position is enough, and for crypto that is not rare.
- A model can misread data and buy the wrong thing. That is why approval of every trade is on by default.
- Thousands of agents on similar models and data could rush into the same trades at once, and a small move would turn sharp. For now this is theory, because the technology is young.
- The protection comes off with a single switch, and active traders, the people all this is built for, will want to flip it sooner than others.
Apollo chief economist Torsten Slok warned on Sunday about a different risk. If households let agents automatically move cash to accounts with a higher rate, banks could lose "a large share of the cheap deposits" they rely on.
Bottom line: one account for everything
The scheme is simple. Stocks, options, crypto, prediction markets and leveraged derivatives in one app, with an agent watching it all at night. For Robinhood it is a way to keep people who would otherwise leave for crypto exchanges.
Neither product has launched yet. The real picture will be visible once the first numbers on perp volumes and account liquidations appear.
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