MEXCBREAKING: Deribit Revises Fee Structure as XRP, Solana Options Go Live on CME
Highlights
- Deribit unveils automated VIP fee tier system offering discounts up to 66%.
- VIP 1 level requires an account balance of 100,000 USDC, which will generate earnings from U.S. Treasury yields.
- Trading volumes rising on CME Group after XRP and Solana options debut earlier this week.
The largest crypto derivatives exchange Deribit is revising its fee structure for each account based on the recent monthly trading volumes. The new automated VIP fee tier system to take effect from November 1. This comes as crypto trading volumes are gradually increasing on derivatives giant CME Group, with XRP and Solana options launched earlier this week.
Deribit Announces Automated Discounted VIP Fee Tier System
Deribit has introduced an automated system for applying trading volume-based fee discounts. This is a tier system of progressively lower fees applicable to all traders on the crypto derivatives exchange.
The exchange to assign fee levels to each account based on trading volumes from September 15 to October 14, 2025, to promote transparent discounts. This ranges from standard to VIP level 6, with VIP 1 fee level eligible for a discount of 16.66% and 30% on options and futures or perpetuals trade, respectively.
VIP 6 will get a 66.66% discount on options trades and a 55% discount on futures and perpetuals trades. An account must have $5 billion volume on futures or options to be eligible for the VIP 6 fee level discounts.
Deribit’s official Lin Chen emphasized that the VIP 1, with options reduced to 0.25%, requires an account balance of 100,000 USDC, and equivalent BTC and ETH do not count. She highlighted that the USDC in the account can earn U.S. Treasury yields, added to the account on a monthly basis.
Rising Volumes on CME After XRP and Solana Options Debut
CME Group started facilitating options trading on Solana and XRP futures earlier this week. This comes following the growing demand for XRP and SOL options, as Bitcoin and Ethereum options started recording higher trading volumes.
As per Coinglass data today, Bitcoin futures and options on CME have surpassed Binance to become the second-largest derivatives venue. With Deribit still leading in Bitcoin and Ethereum options volumes, BTC options volume on CME hit a new ATH of $1.2o billion on CME today, while Deribit saw $3.80 billion in trading volume.
Notably, CME Group also announced plans to start offering crypto futures and options trading 24/7 from next year. The demand comes from institutional interest in crypto derivatives trading, with other firms also expanding their crypto offerings. This could challenge the dominance of Deribit in the crypto derivatives market.
Why Trust CoinGape
CoinGape has covered the cryptocurrency industry since 2017, aiming to provide informative insights Read more…to our readers. Our journal analysts bring years of experience in market analysis and blockchain technology to ensure factual accuracy and balanced reporting. By following our Editorial Policy, our writers verify every source, fact-check each story, rely on reputable sources, and attribute quotes and media correctly. We also follow a rigorous Review Methodology when evaluating exchanges and tools. From emerging blockchain projects and coin launches to industry events and technical developments, we cover all facets of the digital asset space with unwavering commitment to timely, relevant information.
Related Articles
- Bitget Integrates Morph Chain, Unlocking Direct USDT Trading for the Entire Morph Ecosystem
- Shiba Inu Makes Final Bounty Offer to Shibarium Hacker, Says “Take it or Lose all”
- Toobit Rolls Out $100,000 Event Contracts Campaign with Built-In Protection
- Zcash (ZEC) Skyrockets 20% as Arthur Hayes Shares Another Bold Price Target
- Toobit Launches Upgraded Launchpad With Exclusive Presale for GameFi Token Idle Tribe Era
- Analyst Predicts Bitcoin Price Could Fill $92K CME Gap as US Spot ETFs Suffer $2B Outflows
- Ethereum Price Eyes Recovery as Network Hits 24,192 TPS Milestone
- FUNToken Gains 2.38% as $5M Giveaway Drives 26% Volume Surge
- Pi Coin Price Targets 36% Upside Amid Open Mainnet, Smart-Contract Integration and DEX Development
- Chainlink Price Poised to hit $20 $20 as SBI Digital Markets Partners to Bridge TradFi and DeFi
- Solana Price Faces Heavy Sell Pressure as $1.36B Is Liquidated: $100 Incoming?
