Deribit to close 'The Island' competition in 4 days, daily tide rewards and major prizes still available

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Deribit ends 'the island' competition soon

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Emilio Ghigini

07.08.2026

Deribit to close 'The Island' competition in 4 days, daily tide rewards and major prizes still available — Deribit ends 'the island' competition soon

Deribit announced that 'The Island' trading competition will close in four days, with participants still able to compete for daily tide rewards and other prizes based on trading activity and event-specific mechanics.

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Deribit and SignalPlus are concluding 'The Island' trading competition in four days. This event features a total prize pool of up to $600,000 USDC and includes various trading-related challenges such as daily and weekly reward rounds, team and referral mechanisms, and daily tide rewards reportedly worth up to 250 USDC. The competition, which began on July 6 and ends on August 10, 2026, is accessible to eligible retail traders on Deribit through SignalPlus. Standings are determined by participants’ derivatives trading volumes, with both options and futures counted, and the event incorporates multiple competition mechanics and prize types, including USDC prizes and non-cash rewards. Specific eligibility requirements and terms apply.

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How to participate

To join Deribit's 'The Island' trading competition, register for the campaign via SignalPlus. Trade options and futures on Deribit through SignalPlus during the competition period, with your trading volume contributing toward various daily, weekly, and team-based rewards, as well as luxury prize draws. Engage in additional activities like deposit-driven Mystery Box draws and referral incentives to access more prizes. Eligible users can get started by visiting the official sign-up link.

Deribit is a cryptocurrency exchange launched in 2016, offering futures and options trading on assets such as BTC, ETH, USDC, SOL, XRP, LUNA, and AVAX. The platform supports a range of order types, up to 50x leverage, and features the TradingView browser terminal as well as a mobile application. Fixed, below-average commissions are charged, and the exchange provides security features like two-factor authentication and cold wallet storage; for more details, see the broker profile on Traders Union.

For more context, you can review our earlier news about Deribit, which covered their multi-phase trading competition featuring significant USDC prizes and unique participation mechanics in collaboration with SignalPlus.

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