Deribit launches Week 1 of 'The Island' retail trading competition with Mystery Box prize draws

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Parshwa Turakhiya

3 hours ago

Deribit launches Week 1 of 'The Island' retail trading competition with Mystery Box prize draws — Deribit launches crypto trading competition

Deribit announced the activation of Week 1 of 'The Island', a 35-day retail crypto trading competition that has attracted 480 participants and $22.6 million USDC in deposits, with Mystery Box prize draws and weekly rewards for eligible users.

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Deribit has initiated Week 1 of 'The Island,' a 35-day retail trading competition in collaboration with SignalPlus, with a total prize pool of up to 600,000 USDC. The event structure includes solo and team competitions, weekly P&L leaderboards, and several reward mechanisms such as the Mystery Box deposit draws, which require participants to deposit and hold USDC for seven days to unlock prize chances.

The competition is open to retail traders who register and trade via SignalPlus during the official event period from July 6, 2026, to August 10, 2026. Additional participation incentives and terms apply, including early-bird registrations and milestone-based prizes.

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How to join the promotion

To participate in Deribit's 'The Island' retail crypto trading competition, users should register starting June 29, 2026, and trade on Deribit through SignalPlus during the event period. Eligible users can earn leaderboard positions based on trading volume, deposit and hold USDC for seven days to unlock Mystery Box draw chances, and complete additional challenges for potential rewards. There are also early-bird incentives for timely registration and team invitations. Interested participants can register via the official sign-up link.

Deribit is a cryptocurrency exchange launched in 2016, offering futures and options trading for BTC, ETH, USDC, SOL, XRP, LUNA, and AVAX, with leverage up to 50x. The platform provides access to the TradingView terminal, mobile applications, fixed low commissions, various order types, and security features such as two-factor authentication and cold storage for user funds. For more details about the broker’s features and conditions, see the broker profile on Traders Union.

For background, our previous Deribit update on Traders Union covered the broker’s major trading challenge, where participants raced to meet volume targets for rewards and exclusive prizes, highlighting Deribit's ongoing efforts to engage its trading community.

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