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If there is an average 60 second period of CF Benchmarks' Ripple-Dollar Real Time Index (XRPUSD_RTI) before 2 PM EDT is below 2.28000 at 2 PM EDT on Oct 4, 2025, then the market resolves to Yes.
The market resolves based on a simple average of the CF Benchmarks index for the 60 seconds prior to the specified time. The price must meet the criterion at exactly the specified time on the target date. If no data is available or incomplete at the expiration time, affected strikes resolve to No. For cryptocurrencies with multiple versions, the Exchange will specify which version or ticker is being tracked. The CF Benchmarks Real-Time Index provides continuous pricing data for major cryptocurrencies.
Opened: Oct 4, 2025, 1:00 PM
Closes: 2025-10-04T18:00:00Z
Pays out: 0.5 hours after closing
If this event occurs, the market will close the following 10am ET. Otherwise, it closes by Oct 4, 2025, 2:00 PM.
Series KXXRP-25OCT0414 Event KXXRP-25OCT0414 Market KXXRP-25OCT0414-T2.28000