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Deribit announced that there are two hours remaining in its trading competition, where participants can unlock rewards by reaching specified team trading volume milestones before the deadline. The event includes daily prize pools and opportunities for top traders to qualify for rewards such as a trip to Bali or USDC bonuses.
Deribit, in collaboration with SignalPlus, is holding a 35-day trading competition called “The Island,” where participants can compete for a share of up to 600,000 USDC in rewards by trading eligible options and futures on Deribit via SignalPlus. According to the event details, standings are determined by weighted trading volumes, with additional mechanics such as daily and weekly reward cycles, game-like arenas, and various luxury and USDC prizes—including a trip to Bali or USDC bonuses for top performers—distributed based on team and individual achievements before set deadlines.
The event runs from July 6, 2026 to August 10, 2026, with registration open through August 10. Early registration and trading can grant bonuses, and eligibility is restricted to users trading through SignalPlus; additional terms and restrictions are specified in the event documentation.
To join Deribit's trading competition, users must register between June 29 and August 10, 2026 via SignalPlus and then trade eligible options and futures on Deribit through SignalPlus during the specified competition period. Trading volume on these instruments contributes to individual and team leaderboards, with additional daily and weekly rewards available through various mission loops. Special arenas and early bird bonuses are included, such as reward draws for consistent deposits and referral incentives. To start, users can register via the official sign-up link.
Deribit is a cryptocurrency exchange established in 2016, primarily offering futures and options trading for assets such as BTC, ETH, USDC, SOL, XRP, LUNA, and AVAX. The platform operates through the TradingView browser terminal and mobile apps, supports up to 50x leverage, and provides several order types including stop loss and take profit. Additional features include low, fixed commissions, 24/7 platform operation, two-factor authentication, and a resource hub with FAQs and educational articles; more details are available in the full review on Traders Union.
To stay updated on Deribit's recent activities, you can review our coverage of their limited-time trading promotion, where high-volume traders had the chance to win prizes each day; for more details, see the previous Deribit update on Traders Union.