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Deribit announced that there are two hours remaining in its time-limited team trading campaign, where teams must collectively reach $15 million in trading volume to qualify for rewards, including a trip to Bali or a USDC cash prize for the top individual performers and a daily reward pool for qualified team members.
Deribit is conducting a time-limited team trading event called “The Crew Tide,” where participating teams have a two-hour window to collectively reach $15 million in trading volume to unlock top-tier rewards. Individuals must complete at least one trade before the 8:00 UTC deadline and accrue a minimum of 500,000 USDC in volume to qualify; the top three traders by volume on each team may choose between a trip to Bali or a 600 USDC prize, while all qualifying team members share a daily 100 USDC pool.
To join Deribit's 'The Crew Tide' team trading campaign, users should register an account via the official sign-up link and make at least one trade before the daily cutoff. Participants need to generate a minimum of 500,000 USDC in trading volume individually to be eligible for rewards, while teams collectively aim to reach a $15 million total trading volume each day. If the team target is met, top individual performers can win a trip to Bali or a cash alternative, and all qualified team members share a daily reward pool. Both individual and group achievements contribute to prize eligibility.
Deribit is a cryptocurrency exchange established in 2016, offering futures and options trading on assets such as BTC, ETH, USDC, SOL, XRP, LUNA, and AVAX. The platform utilizes the TradingView browser terminal with integrated technical analysis tools and provides fixed, below-average commissions. For further details on instruments, trading conditions, and platform features, see the broker profile on Traders Union.
For more background, see our coverage of Deribit’s launch of 'The Island' trading competition with its major prize pool and diverse reward categories in the previous Deribit update on Traders Union.