Deribit × SignalPlus jointly launched the fifth trading competition "The Island," with a total prize pool of up to 600,000 USDC

Deribit (a brand under Coinbase) and SignalPlus announced today the official launch of the fifth trading competition "The Island," which is the largest event to date. This competition is hosted by DRB Panama Inc., with a total prize pool of up to 600,000 USDC, lasting for 35 days, and is open to qualified retail users participating in Deribit trading through the SignalPlus platform.

The registration phase starts on June 29, 2026, at 08:00 UTC and ends on August 10, 2026, at 23:59 UTC; the official competition period is from July 6, 2026, at 08:00 UTC to August 10, 2026, at 23:59 UTC. Participants must register on SignalPlus and trade through Deribit. The competition rankings are calculated solely based on the volume of eligible options and futures trades, with options weighted at 1.0 and futures weighted at 0.5.

This competition revolves around 11 core arenas, covering weekly trading volume competitions, daily reward cycles, team collaboration, referral incentives, whale and large transaction rewards, as well as dynamic ecosystem evolution, aiming to create a highly immersive and multidimensional competitive experience. New mechanisms include "Mystery Box Recharge Experience," "Weekly P&L Leaderboard," "Short-Term Options Reward Multiplier," and "Flash Arena"—the higher the short-term options trading volume, the more grand prize lottery opportunities and reward levels can be unlocked.

Core Schedule Information

• Total Prize Pool: Up to 600,000 USDC
• Registration Period: 2026/06/29 08:00 UTC --- 2026/08/10 23:59 UTC
• Competition Period: 2026/07/06 08:00 UTC --- 2026/08/10 23:59 UTC
• Eligibility: Qualified retail users of Deribit, must register through SignalPlus
• Registration Link: https://t.signalplus.com/deribitislandcompetition

Early Bird Benefits

Users who complete registration before July 7 will receive 3 free Deribit options contracts; if a team captain invites at least 5 people to register before July 7, they will have a chance to win a Cressi Velvet wetsuit worth 300 USDC; among the first 10 participants to achieve a trading volume of 200 million USDC before July 12, one person will be randomly selected to receive a RIMOWA luggage set (2 pieces) worth a total of 5,000 USDC.

Official Statement

Luuk Strijers, Senior Director of Deribit, stated: "The Island embodies all our concepts for trading competitions—larger scale, stronger participant engagement, and a reward structure that truly aligns with the behavior patterns of active options traders. Individual and team competitions run concurrently, with exclusive mechanisms for short-term options, culminating in a private island grand prize—this is Deribit's most ambitious retail trading event to date."

Chris Yu, Co-founder and CEO of SignalPlus, stated: "We are excited to partner with Deribit again to launch this competition. The Island aims to make the participation experience more dynamic and rewarding—whether it's competing for trading volume, teaming up for fun, or deeply engaging through short-term options and daily tasks, we have created an immersive competitive experience for mature retail traders."

Event Highlights—Eleven Competitive Arenas

• Core Arena: Weekly individual and team trading volume leaderboards, rewards based on nominal trading volume;
• Mystery Box Recharge Round: Register and maintain asset retention for 7 consecutive days to unlock mystery box lottery opportunities, including guaranteed USDC rewards and luxury prizes;
• Daily Reward Ecosystem: Daily individual/team tasks drive repeated participation, rewards based on trading volume and unlock team milestones;
• Flash Arena: Short-term options trading drives daily reward multipliers and grand prize shooting mechanisms, higher trading volume equals more grand prize opportunities;
• Large Transaction Arena: High-net-worth and large transaction participants can unlock commission rebates and luxury rewards;
• Expansion Arena: Invitation referral mechanism, successfully inviting high-value traders can earn additional rewards.

In addition to the ultimate grand prize of a private island, this prize pool also includes Rolex watches, Apple Vision Pro, NVIDIA stocks, luxury trips for two to Turkey, Ledger Stax hardware wallets, Gentle Monster sunglasses, Razer keyboards, SOL spot rewards, trading fee discount vouchers, and daily USDC prize pool distributions.

Every transaction will bring you closer to exclusive rewards—from daily USDC dividends to the ultimate private island grand prize, it's time to compete!

About Deribit

Deribit (a brand under Coinbase) is a global institutional-grade cryptocurrency derivatives ecosystem platform, focusing on Bitcoin and Ethereum options and futures trading. With top-notch infrastructure, Deribit offers instant price discovery, low-latency matching, advanced risk management tools, and ensures deep liquidity through a top-tier network of market makers. Deribit accounts for the majority of global cryptocurrency options trading volume and strictly implements Proof of Reserves to maintain the highest standards of transparency and integrity.

About SignalPlus

SignalPlus is a cryptocurrency derivatives trading software and infrastructure designed for professional and advanced retail traders, providing advanced execution and analysis tools covering options, futures, and spot markets, including large transactions, risk exposure analysis, P&L attribution, and batch order execution, helping traders build robust portfolios and dynamic delta hedging strategies in real-time.