Deribit announces 'The Island' competition offering USDC prizes for short-term options trades

Traders Union
All News
Broker News
Deribit launches daily options promotion

All news

Top Stories

Editors' Picks

Stocks

Crypto

Economics

Currencies

Commodities

Market Voices

Companies

Emilio Ghigini

Yesterday

Deribit announces 'The Island' competition offering USDC prizes for short-term options trades — Deribit launches daily options promotion

Deribit announced a daily promotion in which users who trade options expiring within seven days before the 08:00 UTC cutoff can qualify for up to a 2× reward multiplier, with entry into individual and team lotteries for USDC prizes and additional bonuses based on trading volume.

Leading Forex Broker in United States

7.95/10

*Rated by real traders on Traders Union

Chosen by 0+ local traders in the last 3 months.
Traders earn on average 12% more per month vs other brokers.

Start with zForex

Deribit, in collaboration with SignalPlus, has launched a daily promotion branded as "The Daily Tide" or "The Island" trading competition. According to the official announcement, users who complete at least one trade involving options expiring within seven days before the daily 08:00 UTC cutoff become eligible for participation in individual and team lotteries, with reward multipliers of up to 2× and entry into a 100 USDC daily pool.

Additional incentives are available based on trading volume milestones, and team participants who meet specific criteria can qualify for further rewards such as a trip to Bali or extra USDC payouts. The promotion has a recurring daily schedule and also includes early bird enhancements for trades executed before 16:00 UTC.

Loading...

The tweet was deleted by the author.

But we saved everything 🙂.

How to participate

To join Deribit's 'The Daily Tide' trading promotion, register or log in and execute at least one options trade expiring in seven days or less before the daily 08:00 UTC cutoff. Qualifying trades make you eligible for entry into daily lotteries for USDC rewards, with volume-based bonuses and extra incentives for early trades or top ranks. Team participation can unlock additional collective and individual prizes. For more details or to start, users can sign up via the official sign-up link.

Deribit is a cryptocurrency exchange established in 2016, offering futures and options trading on assets including BTC, ETH, USDC, SOL, XRP, LUNA, and AVAX. The platform features the TradingView browser terminal, mobile apps for iOS and Android, fixed and below average commission rates, and advanced order types such as limit, market, stop loss, and take profit. Further information about Deribit's features and trading conditions can be found in the broker profile on Traders Union.

For more on recent activities, see our earlier news about Deribit, which covered the launch of its 35-day trading competition featuring HYPE option rewards and a prize pool of up to 600,000 USDC in collaboration with SignalPlus. Read the full details in our previous Deribit update on Traders Union.

This material may contain third-party opinions, none of the data and information on this webpage constitutes investment advice according to our Disclaimer. While we adhere to strict Editorial Integrity, this post may contain references to products from our partners.