If the Spot Price of one Ripple XRP in U.S. dollars is above $2.9 starting Sep 8, 2025 before 12:00 AM ET on Oct 1, 2025, then the market resolves to Yes.

The Ripple XRP price is measured using the CF Ripple-Dollar Spot Rate (XRPUSD_RTI) which provides minute-by-minute pricing data. The market resolves based on whether the specified price level is reached at any point between market issuance and the target time on the target date. The spot price is calculated as a simple average of the XRPUSD_RTI values for each minute during the measurement period. Unlike some other crypto contracts, this uses a simple average without trimming extreme values. Price data from CF Benchmarks is considered authoritative and revisions after expiration do not affect market resolution.

Series KXXRPMAXM-25OCT01 Event KXXRPMAXM-25OCT01 Market KXXRPMAXM-25OCT01-2.9