Deribit announces weekly leaderboard competition with premium USDC rewards

Deribit announces weekly leaderboard competition with premium USDC rewards
Deribit launches weekly trading competition

Deribit announced a weekly competition with payouts for odd-numbered ranks, awarding 200 USDC to first place, along with an opportunity for participants to upload their peak profit and loss (PnL) charts for a chance to receive a share of their weekly profits.

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Deribit announced a weekly competition beginning on Monday, 13th July, where participants are eligible to receive premium rewards for earning odd-numbered ranks on the leaderboard. According to the post, first place receives 200 USDC and second place earns 10 USDC, with significant rewards focused on odd-numbered positions.

Participants can also submit their peak profit and loss (PnL) charts through a provided widget for a chance to receive up to 100% of their weekly profit. Further details regarding entry requirements or selection criteria were not disclosed.

How to participate

To join the Deribit weekly competition, users need to register an account with Deribit, check the competition details and eligibility requirements, and participate in trading activities to climb the competition leaderboard. Odd-numbered ranks offer premium rewards, and participants can upload their peak profit and loss (PnL) charts using the provided widget for a chance to earn additional prize opportunities. To get started, users can register via the official sign-up link.

Deribit is a cryptocurrency exchange established in 2016, specializing in futures and options trading for BTC, ETH, USDC, SOL, XRP, LUNA, and AVAX. The platform offers leveraged trading up to 50x, fixed commissions below market average, and supports various order types via the TradingView browser terminal and a mobile app. For a detailed overview of its features and conditions, see the broker profile on Traders Union.

For further context, you can read our earlier news about Deribit, which detailed the launch of their daily promotion offering options traders chances for USDC rewards and additional bonuses; see the previous Deribit update on Traders Union.

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