Deribit and SignalPlus Launch The Island Trading Competition with $600,000 USDC in Prizes

Deribit by Coinbase, through its broker-dealer DRB Panama Inc., today announced the launch of The Island in partnership with SignalPlus, a leading provider of cryptocurrency derivatives software and infrastructure solutions. This is the fifth trading competition between the two parties and the largest to date.

This competition lasts 35 days and features up to 600,000 USDC in prizes, including individual and team events, daily and weekly reward rounds, a Mystery Box deposit mechanism, short-term options challenges, and the Private Island grand prize.

The Island opens registration on June 29 at 08:00 UTC, with the competition running from July 6 at 08:00 UTC to August 10 at 23:59 UTC. Users must trade via SignalPlus on Deribit to participate. Rankings are based solely on eligible options and futures trading volumes, with options weighted at 1.0 and futures weighted at 0.5.

This event is designed around 11 core arenas, encompassing weekly trading volume competitions, daily reward cycles, team participation, referral-driven growth, whale and large-trade incentives, and dynamic ecosystem progress, creating an interconnected and cohesive experience. New mechanisms introduced this year include the Mystery Box deposit experience, weekly P&L leaderboards, short-term option reward multipliers, and Flash Arena. In Flash Arena, higher short-term option trading volumes unlock additional chances to win grand prizes and rewards.

• Total prize pool: Up to 600,000 USDC
• Registration period: June 29, 2026, 08:00 UTC – August 10, 2026, 23:59 UTC
• Event period: July 6, 2026, 08:00 UTC – August 10, 2026, 23:59 UTC
• Eligibility: Qualified retail traders who trade on Deribit via SignalPlus
• Registration link: https://t.signalplus.com/deribitislandcompetition

This promotion is operated by DRB Panama Inc. and is not intended for or directed at residents of Dubai, United Arab Emirates. Terms and conditions apply. Virtual assets are subject to extreme market volatility and carry a high level of risk, including the potential for partial or total loss of value.

• Users who sign up before July 7 will receive 3 free Deribit options.
• If the team captain invites 5 or more friends to complete registration by July 7, they will have a chance to win a Cressi Velvet wetsuit worth 300 USDC.
• Among the first 10 participants to reach a trading volume of 200 million by July 12, one winner will be randomly selected to receive two RIMOWA suitcases with a total value of 5,000 USDC.

Luuk Strijers, Senior Director at Deribit by Coinbase, said:

The Island brings together everything we wanted this competition to have: greater scale, stronger engagement loops, and a structure that rewards genuine participation from active options traders. With individual and team competitions, short-term options mechanics, and the ideal reward represented by the Private Island grand prize, this is our most ambitious retail trading event to date.

Chris Yu, CEO and co-founder of SignalPlus, said:

We are excited to partner again with Deribit by Coinbase to launch our latest competition. The Island is designed to make participation more dynamic and rewarding, whether traders are competing in trading volume, teaming up with their networks, or engaging through short-term options and daily tasks. Together, we are creating a more immersive experience for seasoned retail traders.

• Core Arena: Weekly individual and team trading leaderboards designed to reward nominal trading activity at both individual and team levels.
• Mystery Box Deposit Round: After completing registration and maintaining a deposit for 7 days, users unlock a chance to draw from a Mystery Box and receive a guaranteed USDC reward plus premium prizes.
• Daily Reward Ecosystem: Daily individual and team tasks encourage ongoing participation, with incentives provided through volume-based rewards and team milestone unlock mechanisms.
• Flash Arena: Short-term options trading can boost daily reward multipliers and the jackpot shooting mechanism, and qualify you for participation in the Private Island rewards.
• Block Arena: High-balance and large-trade participants can unlock fee rebates and premium reward opportunities.
• Expansion Arena: The referral system rewards both community growth and successfully inviting high-value traders.

In addition to the Private Island grand prize, this year’s prize pool includes a range of premium rewards such as Rolex watches, Apple Vision Pro, NVIDIA stock, luxury trips to Turkey, Ledger Stax, Gentle Monster sunglasses, Razer keyboards, SOL spot rewards, trading fee vouchers, and a daily USDC prize pool.

The Island invites participants to join a dynamic retail trading competition that combines strategic trading, team participation, and a tiered reward structure. Every trade brings participants closer to exclusive rewards, from daily USDC prizes to the chance to win the Private Island grand prize. This event officially begins today.

Deribit by Coinbase is a centralized, institutional-grade provider of crypto derivatives, specializing in Bitcoin and Ethereum options and futures. With advanced infrastructure, Deribit offers instant price discovery, low-latency execution, advanced risk mitigation tools, and deep liquidity provided by a network of top-tier market makers.

Deribit facilitates the majority of global cryptocurrency options trading and upholds rigorous proof-of-reserves practices to maintain the highest standards of integrity and transparency.

SignalPlus provides trading software and infrastructure for crypto derivatives, helping professional and experienced retail traders access options, futures, and spot markets through advanced execution and analytics tools.

SignalPlus offers a comprehensive options trading solution for cryptocurrency derivatives traders.