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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.
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.