Deribit announces 2 billion USDC milestone reached in The Island trading event

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Deribit announces 2 billion USDC milestone reached in The Island trading event — Deribit trading competition hits new milestone

Deribit announced that trading volume in its ongoing 'The Island' competition has surpassed 2 billion USDC in global notional volume, marking a new milestone for the campaign.

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According to Deribit, global notional trading volume in its ongoing competition, 'The Island', has reached 2 billion USDC. This milestone is part of a 5-week campaign co-hosted with SignalPlus, where registered retail traders on Deribit via SignalPlus compete across multiple arenas, including individual and team leaderboards, daily trading tasks, and various reward mechanisms.

The event features a progressive prize pool that can reach up to 600,000 USDC as cumulative trading volume increases, alongside additional incentives such as early registration bonuses, referral rewards, and milestone-based raffles. The competition runs from July 6 to August 10, 2026, with eligibility, participation modalities, prize tiers, and campaign structure detailed on the official competition website.

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How to participate

Retail traders can join Deribit's 'The Island' trading competition by registering through SignalPlus and trading options or futures during the campaign period. The prize pool increases with global trading volume milestones and participants can compete in weekly leaderboards, daily mission loops, and team challenges. To take part, users must sign up and trade via the official sign-up link.

Deribit is a cryptocurrency exchange established in 2016, specializing in futures and options trading for assets such as BTC, ETH, USDC, SOL, XRP, LUNA, and AVAX. The platform features a browser-based TradingView terminal with technical analysis tools, fixed commission rates below the market average, and leverage up to 50x. Security measures include two-factor authentication and cold wallet storage for user funds; more details on its services are available in the broker profile on Traders Union.

For more context, the previous Deribit update on Traders Union covered the launch of 'The Island' team trading competition, highlighting its daily trading volume milestones, Bali trip prize draw, and USDC rewards campaign. Learn more in the earlier news about Deribit.

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