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

Episode Date: July 6, 2026

This story was originally published on HackerNoon at: https://hackernoon.com/deribit-and-signalplus-launch-the-island-trading-competition-with-up-to-$600000-usdc-in-prizes. ... Running for 35 days, the competition features up to $600,000 USDC in prizes across solo and team competition, daily and weekly reward rounds, Mystery Box deposi Check more stories related to undefined at: https://hackernoon.com/c/undefined. You can also check exclusive content about #web3, #deribit, #chainwire, #press-release, #deribit-announcement, #deribit-margin-trading-review, #blockchain-development, #good-company, and more. This story was written by: @chainwire. Learn more about this writer by checking @chainwire's about page, and for more stories, please visit hackernoon.com.

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Starting point is 00:00:00 This audio is presented by Hacker Noon, where anyone can learn anything about any technology. Deribit and Signal Plus launched the island trading competition with up to $600,000-000 USDC in prizes, by Chainwire. Panama City, Panama, July 6, 2026, Chainwire, Deribit by Coinbase, via its broker-dealer DRB Panama, Inc. And Signal Plus, a leading provider of software and infrastructure solutions for crypto derivatives, today announced the launch off the island, their fifth trading competition and biggest addition to date. Running for 35 days, the competition features up to $600,000 USDC in prizes across solo and team competition, daily and weekly reward rounds, mystery box deposit mechanics, short-dated, and a private island jackpot. Registration for the island opens on June
Starting point is 00:00:52 29th at 8 o'clock coordinated universal time, with the competition running from July 6th, at 8 o'clock coordinated universal time through August 10th at 2359 coordinated universal time. To participate, users must trade through Signal Plus on Deribit. Competition standings will be bossed on eligible options and futures trading volume only, with options weighted 1. Zero and Futures weighted 0.5. The campaign is designed around 11 core arenas spanning weekly volume competition, daily reward loops, team participation, referral-driven expansion, whale and block trade incentives and dynamic ecosystem progression in one connected experience. New mechanics in this addition include the mystery box deposit experience, a weekly P&L leaderboard, short-dated
Starting point is 00:01:39 reward multipliers and the Flash Arena, where higher short-dated options volume unlocks more jackpot shots and reward opportunities. Key details total prize pool, up to $600,000 USDC. Registration period, June 29, 2026, 8 o'clock coordinated universal time. August 10, 2026, 2359 coordinated universal time. Competition period, July 6th, 2026, 8 o'clock coordinated universal time. time. August 10th, 26, 2359 coordinated universal time. Eligibility. Open to eligible retail traders on Deribid via Signal Plus. Registration link HTTPS colon slash slash T. Signal Plus. Com Dairy Bit Island competition. This campaign is run by DRB Panama Inc and is not targeted at or intended for residents of Dubai, UAE. T and Cs apply. Virtual assets are subject to
Starting point is 00:02:39 extreme market volatility, involve a high degree of risk, and can lose value, in part or in full. Early bird incentives users who register by July 7 will receive three free deribit options. Team captains who invite five or more friends to register by July 7th will have a chance to win a Cressey velvet wetsuit valued at 300 U.S.DC. Among the first 10 participants to reach 200m in trading volume by July 12th, one randomly selected winner will receive two Rumoa suitcases valued at 5,000. U.S.D.C. in total. Greater than, the island brings together everything we want this competition to be. Bigger greater than scale, stronger participation loops, and a structure that rewards how active
Starting point is 00:03:21 greater than options traders actually engage, said Luke Stryer's, senior director from Derebit by Coinbase. With solo and team competition, short-dated options greater than mechanics and aspirational rewards led by the private island jackpot, this is greater than our most ambitious retail trading campaign yet. We are excited to partner greater than with Deribit by Coinbase once again on the latest edition of the competition, Greater Than Said Chris Yu, CEO and co-founder from Signal Plus. The island is designed to greater than make participation more dynamic and more rewarding, whether traders are greater than competing on volume, teaming up with their network, or engaging through greater than short-dated options and daily missions. Together, we are creating a more
Starting point is 00:04:04 greater than immersive experience for sophisticated retail traders. Competition highlights include Core Arena, weekly solo and team trading leaderboards designed to reward notional trading activity across individual and squad-based competition. Mystery Box Deposit Round. Users who register and maintain deposits for seven days unlock mystery box draw chances tied to guaranteed USDC prizes and premium rewards. Daily reward ecosystem. Daily individual and team missions encourage repeat engagement, with volume-based rewards and team milestone unlocks. Flash Arena. Short-dated Options Trading Powers Daily Reward Multipliers and Jackpot-style shooting mechanics, including access to the Private Island Reward Opportunity. Block Arena. High balance and block trade participants can
Starting point is 00:04:51 unlock fee rebates and luxury reward opportunities. Expansion Arena. Referral mechanics reward both community growth and successful invitations of higher-value traders. In addition to the Private Island headline reward, this year's prize pool includes a range of premium rewards such as a Rolex watch, Apple Vision Pro, Invidia stock, luxury turkey trip, ledger stacks, gentle monster sunglasses, razor keyboard, saw spot rewards, trading fee coupons, and daily USDC prize pools. The island invites participants into a dynamic retail trading competition that combines strategic trading with team-based participation in a tiered reward structure. With every trade, participants move closer to exclusive rewards, from daily USDC prizes to the Private Island headline jackpot. The event begins today about Deribid Deribit by Coinbase as a centralized, institutional-grade provider of crypto-derivatives ecosystem, specializing in Bitcoin and Ethereum options and futures.
Starting point is 00:05:51 With state-of-the-art infrastructure, Darabit offers instantaneous price discovery, low-latency execution, advanced risk mitigation tools, and deep liquidity through a new-a-art infrastructure. network of top-tier market makers. Deribit facilitates the majority of global crypto options volume and upholds rigorous proof of reserves practices to maintain the highest standards of integrity and transparency. About Signal Plus Signal Plus provides trading software and infrastructure for crypto derivatives, helping professional and sophisticated retail traders access options, futures, and spot markets with advanced execution and analytics tools. Signal Plus delivers a comprehensive options trading suite tailored for crypto derivatives traders. Contact manager, retail sales
Starting point is 00:06:34 Sidra Farik Deribit Sidra. Farik at Coinbase. Com this story was published as a press release by Chainwire under Hackernoon Business Blogging Program disclaimer. This article is for informational purposes only and does not constitute investment advice. Cryptocurrencies are speculative, complex, and involve high risks. This can mean high prices, volatility and potential loss of your initial investment. You should consider your financial situation, investment purposes, and consult with a financial advisor before making any investment decisions. The Hacker Noon editorial team has only verified the story for grammatical accuracy and does not endorse or guarantee the accuracy, reliability,
Starting point is 00:07:13 or completeness of the information stated in this article. Hashtag D-Y-O-R thank you for listening to this Hacker Noon story, read by artificial intelligence. Visit Hacker Noon.com to read, write, learn, and publish.

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