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Deribit launched a 48-hour weekend event from July 17 to July 19, offering participants the chance to enter a draw for a Leisure Island Float or 500 USDC by reaching 8 million in daily trading volume, as part of its ongoing trading competition with SignalPlus.
Deribit announced a 48-hour weekend event running from July 17 at 08:00 UTC to July 19 at 08:00 UTC, offering participants the chance to enter a daily draw for a Leisure Island Float or 500 USDC upon reaching 8 million in daily trading volume. This special event is positioned within the broader Deribit and SignalPlus campaign, 'The Island', which is a 35-day retail USDC trading competition featuring layered individual and team challenges, a multi-format reward structure, and several time-limited incentive rounds.
While the weekend event specifically provides additional short-term targets and rewards, the overall campaign includes a prize pool of up to 600,000 USDC and incorporates mechanisms such as daily and weekly leaderboards, Mystery Box deposits, referral incentives, and various categories of premium prizes, according to the official event summary.
To join the Deribit x SignalPlus trading campaign, users need to register via SignalPlus during the registration period and then trade on Deribit throughout the event dates. Eligible trading activity includes options and futures, with different weightings for competition standings. Special daily and weekend missions—such as reaching specific volume thresholds for draws and prizes—are included within the campaign. For full registration details, users can sign up via the official sign-up link.
Deribit is a cryptocurrency exchange established in 2016 that specializes in futures and options trading for assets such as BTC, ETH, USDC, SOL, XRP, LUNA, and AVAX. The platform features the TradingView terminal, supports up to 50x leverage, and offers fixed commission fees that do not depend on trading volume. For more details on Deribit's trading instruments, order types, security measures, and customer support options, see the broker profile on Traders Union.
For more information on Deribit's recent initiatives, see our earlier news about Deribit, which covered the launch of 'The Island' competition and the impressive trading volumes and participant engagement in its initial stages.