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Deribit and SignalPlus jointly launch the "Island" Trading Competition with prizes of up to 600,000 USDC

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And NVIDIA Stock, Turkey Luxury Trip, and More Prizes

On July 6, 2026, Deribit, a subsidiary of Coinbase, and SignalPlus, a leading provider of crypto derivatives software and infrastructure solutions, jointly announced the launch of the fifth edition of the trading competition — "The Island," which is also the largest one to date.

This competition will last for 35 days with a total prize pool of up to 600,000 USDC. It includes individual and team competitions, daily and weekly reward rounds, a blind box deposit mechanism, a short-term options challenge, and the grand prize of the "Private Island."

The "Island" competition opened for registration on June 29, 2026, at 08:00 UTC, and will run from July 6, 2026, at 08:00 UTC to August 10, 2026, at 23:59 UTC. Participants must trade on Deribit through SignalPlus. The competition ranking will be based solely on eligible options and futures trading volume, with options weighted at 1.0 and futures at 0.5.

This event is structured around eleven core arenas, covering weekly trading challenges, daily reward cycles, team participation, referral-driven expansion, whale and bulk trade incentives, and ecosystem progression within the same interconnected experience. New mechanics for this edition include the blind box deposit experience, weekly P&L leaderboards, short-term options reward multipliers, and the "Lightning Arena" — where higher short-term options trading volumes can unlock more grand prize draw opportunities and rewards.

Key Information

Total Prize Pool: Up to 600,000 USDC

Registration Period: June 29, 2026, at 08:00 UTC – August 10, 2026, at 23:59 UTC

Competition Period: July 6, 2026, at 08:00 UTC – August 10, 2026, at 23:59 UTC

Eligibility: Open to eligible retail traders trading on Deribit through SignalPlus

Registration Link: https://t.signalplus.com/deribitislandcompetition

This event is organized by DRB Panama Inc and is not available to users in Dubai, UAE. It is important to note that virtual assets are subject to extreme market volatility, pose high risks, and may lead to partial or total loss of value.

Early Bird Rewards

Users who register before July 7th will receive 3 free Deribit options.

Team leaders who invite 5 or more friends to register before July 7th will have the chance to win a Cressi velvet wetsuit worth 300 USDC.

Among the top 10 participants with a trading volume exceeding 200 million by July 12th, one winner will be randomly selected to receive two RIMOWA suitcases worth a total of 5,000 USDC.

“The Island Race brings together all our expectations for this competition: a larger scale, stronger participation cycles, and a competitive structure designed to reward active options traders in a tangible way,” said Luuk Strijers, Senior Director at Deribit, a subsidiary of Coinbase. “With individual and team races, short-term option mechanisms, and dream rewards led by the ‘private island’ grand prize, this is our most ambitious retail trading event to date.”

“We are excited to once again collaborate with Coinbase's Deribit to host the latest edition of the competition,” said Chris Yu, Co-founder and CEO of SignalPlus. “The Island Race aims to make participation more dynamic and rewarding, whether traders are competing in trading volume, teaming up with their network, or engaging through short-term options and daily tasks. Together, we will create a more immersive experience for mature retail traders.”

Competition highlights include:

Core Arena: Weekly individual and team trading leaderboards designed to reward nominal trading volume in individual and team matches.

Blind Box Deposit Rounds: Users who register and maintain their deposit for 7 days will unlock blind box draw opportunities linked to guaranteed USDC bonuses and premium rewards.

Daily Reward Ecosystem: Daily individual and team tasks encourage repeated participation, offering volume-based rewards and team milestone unlocks.

Flash Arena: Short-term option trading can drive daily reward multipliers and lottery mechanisms akin to grand prize opportunities for the ‘private island’ reward.

Whale Arena: High-balance and whale traders can unlock fee rebates and luxury rewards.

Expansion Arena: The referral mechanism aims to reward community growth and successful invitations of high-value traders.

In addition to the headline prize of the "Private Island," this year's prize pool also includes a range of premium rewards, such as a Rolex watch, Apple Vision Pro, Nvidia stock, Luxury Trip to Turkey, Ledger hardware wallet, Gentle Monster sunglasses, Razer keyboard, SOL rewards, trading fee rebate vouchers, and daily USDC pool.

The "Island" competition invites participants to join a dynamic retail trading competition that combines strategic trading, team participation, and a tiered reward structure. With each trade made, participants edge closer to exclusive rewards—from daily USDC bonuses to the "Private Island" headline prize. The event officially kicks off today.

About Deribit

Deribit, a subsidiary of Coinbase, is a centralized, institutional-grade crypto derivatives ecosystem provider specializing in Bitcoin and Ethereum options and futures trading. Leveraging cutting-edge infrastructure, Deribit offers real-time price discovery, low-latency execution, advanced risk mitigation tools, and deep liquidity through a top-tier market maker network. Deribit facilitates most of the world's cryptocurrency options trading volume and upholds strict proof of reserves practices to maintain the highest standards of integrity and transparency.

About SignalPlus

SignalPlus provides trading software and infrastructure for crypto derivatives, helping professional and sophisticated retail traders access options, futures, and spot markets through advanced execution and analysis tools. SignalPlus offers a comprehensive options trading suite tailored for crypto derivatives traders.