Deribit locks daily rankings for short-dated options trading promotion at 08:00 UTC

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Sholanke Dele

12.07.2026

Deribit locks daily rankings for short-dated options trading promotion at 08:00 UTC — Deribit unveils short-dated options promotion

Deribit has announced that daily rankings for its short-dated options trading promotion lock at 08:00 UTC, with rewards available to individual and team participants who trade options expiring in seven days or less before the cutoff.

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Deribit, in cooperation with SignalPlus, is running a short-dated options trading promotion that locks daily rankings at 08:00 UTC. Traders who execute at least one options trade with an expiry of seven days or less before the cutoff are eligible to participate in reward pools, with individual and team-based categories.

The promotion features escalating reward tiers: individuals trading a minimum notional volume can unlock higher daily pools, while crews (teams) reaching collective volume milestones become eligible for additional prizes such as a drawing for a Bali trip. Trades made before the daily cutoff also qualify for a doubled reward multiplier. Participation requirements and volume thresholds for both individual and team components are clearly outlined, and rewards are distributed in USDC.

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How to join the promotion

To participate in the Deribit short-dated options trading promotion, trade at least one option with an expiry of 7 days or less before the daily cutoff at 08:00 UTC. Individual participants will qualify for daily USDC reward pools, and trading larger volumes can unlock higher rewards. Teams (or "Crews") can also compete for special prizes by meeting collective volume thresholds, with all team members who trade sufficient volume sharing in daily rewards. For more details and to join, users can register via the official sign-up link.

Deribit is a cryptocurrency exchange established in 2016, focused on futures and options trading for BTC, ETH, USDC, SOL, XRP, LUNA, and AVAX. The platform offers up to 50x leverage, fixed below-average commissions, multiple order types including stop loss and take profit, and trading via the TradingView browser terminal and mobile app. Further details about Deribit's features and conditions can be found in its broker profile on Traders Union.

For additional context, our earlier news about Deribit covered the launch of 'The Island Trading Competition' in partnership with SignalPlus, where traders could compete for luxury travel prizes by reaching set trading milestones. Read the full details in our previous Deribit update on Traders Union.

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