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Deribit announced the final two hours of its time-limited “Daily Tide” trading event, which offers USDC rewards to users who make at least one trade before the daily 8:00 UTC reset, with additional bonuses for high trading volume and specific types of trades.
Deribit outlined the final two hours of its time-limited “Daily Tide” trading event, which concludes at the daily reset of 8:00 UTC. According to the event details, users who execute at least one trade before the cutoff collectively share a 100 USDC pool, while additional rewards are available: if the total daily trading volume reaches 5 million (likely USDC), 10 randomly selected participants receive 250 USDC each, and the highest-volume trader receives a 100 USDC bonus. Participants can further enhance their rewards by making a short-dated options trade (with expiry of seven days or less) through the Order Book, which applies up to a 2× multiplier to daily earnings. The event is part of Deribit’s broader “Island” campaign, designed to encourage user engagement through tiered and gamified incentives.
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To join Deribit's "Daily Tide" event, users must execute at least one trade on the platform before the daily reset at 8:00 UTC. All participants who complete a trade become eligible to share a reward pool, while higher trading volumes may unlock additional random prizes and a top trader bonus. Executing certain short-dated options trades can further increase potential rewards with a multiplier. To begin, interested users can sign up or log in via the official sign-up link.
Deribit is a cryptocurrency exchange established in 2016, focusing on active trading of futures and options for assets such as BTC, ETH, USDC, SOL, XRP, LUNA, and AVAX. The platform features a browser-based TradingView terminal, mobile apps for iOS and Android, multiple order types including stop loss and take profit, and leverage up to 50x. Security measures include two-factor authentication and cold wallet storage, while user support is provided via email and Telegram; further details can be found in the broker profile on Traders Union.
For more background, see the previous Deribit update on Traders Union, which detailed a multi-arena trading competition with substantial prizes and special incentives for high-volume participants. This earlier news provides useful context for understanding the broker's ongoing promotional events.