Deribit announces end phase of 'The Island' trading event with final prize draws approaching

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Andreas Kristo

08.08.2026

Deribit announces end phase of 'The Island' trading event with final prize draws approaching — Deribit trading contest ends soon

Deribit announced that only three days remain in 'The Island' trading competition, where retail traders on SignalPlus can participate in daily and multiplier events for a chance at final prizes, with no more daily resets after August 10.

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Deribit, in partnership with SignalPlus, is approaching the final days of its 35-day 'The Island' trading competition, which features a total prize pool of up to $600,000 USDC. The event, running from July 6 through August 10, 2026, invites eligible retail traders on Deribit via SignalPlus to participate in various daily and multiplier activities, with leaderboards determined by options and futures trading volumes (weighted 1.0 and 0.5, respectively). Participants have access to several competitive arenas, including weekly solo and team challenges, referral-based incentives, and prize draws, with rewards ranging from USDC to physical items such as a private island and luxury goods. After August 10, there will be no further daily resets or multiplier windows, concluding the competition as scheduled.

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How to participate

To join Deribit's 'The Island' trading competition in partnership with SignalPlus, register for the event between June 29 and August 10 via SignalPlus as a retail trader. Maintain your account deposit for 7 days to unlock 'Mystery Box' draw chances. Trade eligible options and futures on Deribit during the campaign period to accumulate competition volume and qualify for various reward arenas, including daily loops, leaderboards, and referral incentives. For full details and registration, users can sign up via the official sign-up link.

Deribit is a cryptocurrency exchange established in 2016, focusing on futures and options trading for assets including BTC, ETH, USDC, SOL, XRP, LUNA, and AVAX. The platform offers access to leveraged trading up to 50x via the TradingView terminal, and features fixed commission rates, various order types, and two-factor authentication. For further information, see the broker profile on Traders Union.

For context, our earlier news about Deribit highlighted their JBL Waterproof Speaker giveaway, where traders meeting a $5 million daily trading volume could enter a daily prize draw; read more in the previous Deribit update on Traders Union.

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