Deribit and SignalPlus Launch The Island Trading Competition With Up to $600,000 USDC in Prizes

Panama City, Panama, July 6th, 2026, Chainwire

Deribit by Coinbase has just announced the launch of The Island. Organized via Deribit’s broker-dealer DRB Panama Inc., and SignalPlus, this competition is reportedly the biggest one to date.

The competition will run for 35 days, and will feature up to $600,000 USDC in prizes. Tournaments will have something for solo players and teams. When it comes to rewards, players will get an option to get into the daily ones or the weekly reward rounds.

Unique elements are sprinkled throughout the competition, including Mystery Box deposit mechanics, short-dated options challenges, and a Private Island jackpot.

Registration for The Island began on June 29 at 08:00 UTC. The competition’s starting date is July 6 at 08:00 UTC, and it will end on August 10 at 23:59 UTC.

The participation process is simple, and involves users making trades through SignalPlus on Deribit. Trading only eligible options will get players into the competitions. Trading options gives users 1.0 point and trading futures will give them 0.5.

The entire campaign is designed to be holistic.

Eleven core arenas are the center of the ecosystem, offering weekly volume competition and daily reward loops. It will also feature team-based events, expansion events driven by referrals, and incentives for whales and block traders.  Thanks to dynamic ecosystem progression, the singular trading experience the event provides will feature multiple colors.

New mechanics are also coming with the edition. One instance is the Mystery Box deposit experience. A weekly P&L leaderboard is another. And with options reward multipliers, and the Flash Arena, an event is developing that rewards investors focusing on speed.

Those who engage with higher short-dated options volume will get more shots at getting the jackpots and other rewards.

Here Are The Key Details of the Competition

• Total Prize Pool: Up to $600,000 USDC
• Registration Period: June 29, 2026, 08:00 UTC to  August 10, 2026, 23:59 UTC
• Competition Period: July 6, 2026, 08:00 UTC to  August 10, 2026, 23:59 UTC
• Eligibility: Open to eligible retail traders on Deribit via SignalPlus
• Registration Link: https://t.signalplus.com/deribitislandcompetition

DRB Panama Inc. is running this campaign, and it is not meant for residents of Dubai, UAE. T&Cs apply. Users should be aware that since virtual assets are subject to extreme market volatility, they involve a higher degree of risk, which means users can lose part of the value, or the entirety of it.

Perks of Participating Early

• Those who are able to register on the platform by July 7th will get 3 free Deribit options.
• Team captains who are able to invite more friends to register by July 7th will get a chance to win a Cressi Velvet Wetsuit, which is worth 300 USDC.
• The first 10 participants that reach 200M in trading volume by July 12 will be part of a pool. And one randomly selected among them will get two RIMOWA suitcases with a combined worth of 5,000 USDC.

According to Luuk Strijers, Senior Director from Deribit by Coinbase, the purpose of the competition is to bring together everything users want. This time, the competition will be bigger, will feature stronger participation loops, and will reward depending on how users engage with options trading features.

Chris Yu, CEO and Co-Founder from SignalPlus, focused on the scale of this retail trading campaign. He highlighted that everything from solo and team competition, and short-dated options mechanics, to aspirational rewards will enhance the scale of experience.

According to Chris, The Island will make participation more dynamic and rewarding for everyone. Options are multiple. Teams who compete on volume, work together with their network, or engage through short-dated options and daily missions will have unique opportunities.

A Look Into the Competition Highlights:

• Core Arena: The core arena, or the key highlight of the competition, is the weekly solo and team trading leaderboards. They exist to reward notional trading activity across individual and squad-based competition.
• Mystery Box Deposit Round: Users who register and maintain deposits for seven days will get a chance to unlock a Mystery Box. Each box comes with guaranteed USDC prizes and other perks.
• Daily Reward Ecosystem: With daily individual and team missions, users will want to engage with the platform daily as the system offers unlocks based on milestones and volume-based rewards.
• Flash Arena: The entire Flash Arena is designed with fast-trading systems complemented by unique perks. Short-dated options trading element power daily reward multipliers. Users get jackpot-style shooting mechanics, and premium rewards.
• Block Arena: Luxury rewards and fee rebates will be within access of block traders or traders with a high balance.
• Expansion Arena: As players bring more referrals, the ecosystem will expand, and new rewards will be unlocked.

The competition is going beyond the standard Private Island award. Multiple luxury items and unique investment opportunities await those who participate. The list of premium rewards includes a Rolex Watch, Apple Vision Pro, NVIDIA Stock, a Luxury Turkey Trip, Ledger Stax, Gentle Monster Sunglasses, a Razer Keyboard, SOL spot rewards, trading fee coupons, and daily USDC prize pools.

About Deribit

Deribit is an institutional-grade system that offers a crypto derivatives ecosystem.

Developed on Coinbase, its specialization includes both Bitcoin and Ethereum options and futures. It has a strong infrastructure that offers users multiple features: quick price discovery, low-latency execution, top-tier risk mitigation tools, and deep liquidity thanks to a network of powerful market makers.

Deribit facilitates a major portion of global crypto options volume. The platform has strong proof-of-reserves, and focuses sharply on maintaining the integrity of the ecosystem.

About SignalPlus

SignalPlus, offers users a trading software and infrastructure for crypto derivatives. With it, professional and retail traders that love sophistication can indulge themselves with options, futures, and spot markets. And industry-grade execution and analytical tools make the trading system more comprehensive.

Contact

• Manager, Retail Sales
• Sidrah Fariq
• Deribit
• [email protected]