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Deribit announced the final day of 'The Island', a 35-day trading competition offering a prize pool of up to 600,000 USDC across 11 different arenas, with winners to be revealed soon. The event, held in partnership with SignalPlus, concludes on August 10, 2026, at 23:59 UTC.
According to Deribit, 'The Island' is a 35-day trading competition held in collaboration with SignalPlus, offering a prize pool that can reach up to 600,000 USDC, depending on overall trading volume. The event includes 11 competition arenas, such as solo and team leaderboards, Mystery Box deposits, daily missions, and a dedicated Block Trade Arena, with premium and physical prizes in addition to cash rewards. Registration was open from June 29 to August 10, 2026, while the competition itself took place from July 6 to August 10, 2026, concluding at 23:59 UTC. Eligibility and ranking are based on verified trading activity on Deribit via SignalPlus, and rewards are scheduled for distribution within 15 working days following the event’s end. The broker indicates that full prize amounts and possible contest extensions depend on achieving certain trading volume milestones.
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To join 'The Island' trading competition on Deribit, eligible users must register for the event through SignalPlus using a funded Deribit account with an active API key and recommended KYC verification. Participants can then begin trading eligible options and futures contracts via SignalPlus during the competition period to accumulate trading volume and compete in various arenas, including solo and team leaderboards, daily missions, and referral programs. Early registrants may receive additional rewards. For full details and to start the registration process, visit 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 TradingView-powered browser terminal, mobile applications, multiple order types including stop loss and take profit, leverage up to 50x, and commissions that are fixed and below market average. User funds are primarily stored in cold wallets with two-factor authentication, while support is available via email and Telegram; for more details, visit the broker profile on Traders Union.
For additional background, our earlier news about Deribit covered its major integration with Coinbase International Exchange to unify global liquidity and margin systems; you can read more details in the previous Deribit update on Traders Union.