The Prediction Trading Layer on Robinhood. Trade major news, elections, and global events with up to 10x leverage. 30% fees goes to buyback&burn of HEDGE Welcome to Hedge Trade Yes/No event markets in USDG on Robinhood Chain. Spot is 1x on the venue book. Listed markets also offer 2x and 3x against the vault. Spot buys real shares. Leverage is synthetic margin vs LPs, on listed markets only. Get started, or read Why Hedge. #What you actually trade Every market is a question with two sides, Yes and No. Buying a side gives you shares in that outcome. A share pays out $1.00 if the outcome happens and nothing if it does not, so a share priced at 40¢ is the market’s way of saying the outcome looks roughly 40% likely. That single fact explains most of the interface. A price is a probability quoted in cents. The number of shares your money buys is the amount divided by the price. Your position is worth what someone else will currently pay for those shares, which is why its value moves before the question is ever settled. 2x/3x uses the same price. You do not hold the shares. Margin controls a larger size; the vault takes the other side. #