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Deribit announced a trading competition in which participants who refer new traders and generate higher trading volumes increase their chances to win prizes, including a private island valued at 30,000 USDC.
Deribit, in collaboration with SignalPlus, has launched a five-week trading competition known as "The Island" or "The Summer Chase 2025." The event is open to retail users trading crypto options and futures via the SignalPlus platform, running from June 26 to July 31, 2025. Participants have the opportunity to compete for a prize pool exceeding 300,000 USDC and a range of notable rewards, including a private island worth 30,000 USDC, a Tesla vehicle, a Rolex watch, and a trip to Hawaii.
The competition features multiple formats such as individual and team leaderboards, referral challenges, daily participation rewards, and draw-based experiences. Users can increase their chances of winning certain prizes, such as the private island, by referring new traders who generate higher trading volumes. Early registrants before June 30, 2025, receive additional incentives such as free Deribit options.
To join the Deribit and SignalPlus 'The Summer Chase 2025' trading competition, users should register as Deribit retail clients and sign up for the event via SignalPlus. Eligible users can participate in the contest by trading crypto options and futures during the competition period. Inviting new traders through the referral program increases the chances to win major rewards, including a private island valued at 30,000 USDC. For more information and access to registration, visit the official sign-up link.
Deribit is a cryptocurrency exchange focused on active trading, offering futures and options contracts for assets such as BTC, ETH, USDC, SOL, XRP, LUNA, and AVAX. The platform features leveraged trading up to 50x, supports limit, market, stop loss, and take profit orders, and operates through a browser-based TradingView terminal and a mobile app. For more information, see the full review on Traders Union.
For more context, see the earlier news about Deribit, which covered the launch of 'The Island' trading competition with a 600,000 USDC prize pool and a private island grand prize, highlighting ongoing promotional initiatives by the broker. Read the full details in the previous Deribit update on Traders Union.