The Good Tech Companies - Deribit And SignalPlus Launch “The Summer Chase” Trading Competition With a $300,000 USDC Prize Pool

Episode Date: June 26, 2025

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This audio is presented by Hacker Noon, where anyone can learn anything about any technology. Deribit and SignalPlus launch, the Summer Chase, trading competition with AU$300,000 USDC prize pool, by Chainwire. Deribit, the world's premier Bitcoin and Ethereum options ecosystem, in collaboration with SignalPlus, a crypto options and analytics dashboard, IS excited to announce the launch of the summer trading competition 2025 The Summer Chase. The Summer Chase 2025 is a five-week trading contest offering a total prize pool of over

$300,000 in USDC, with additional prizes including a Tesla, a Rolex, a Hawaii Vacation, and more. From leaderboard battles to referral contests and daily reward events, the campaign aims to bring together a combination of skill, strategy, and summer fun for traders around the world. Competition details. Total prize pool, over $300,000 USDC and equivalent. Competition dates. June 26 to July 31, 2025. Eligibility Open to Deribit retail traders trading via

Signal Plus. Registration link https://t.signalplus.com, Deribit Summer Chase. Incentives Users who register by June 30 will receive three free Deribit options. By referring a friend, users can win a Rolex. By inviting a trader, users will have a chance to win a Tesla. Greater Than Luke Stryers, chief executive officer at Deribit, shared, We're excited to Greater Than launch the third edition of our options competition in partnership

with Greater Than Signal Plus. Following last year's massive success and incredible momentum, we Greater Than knew we had to take things to the next level. This year, we're raising the greater than stakes with bigger rewards, fresh challenges, and even more opportunities for greater than traders to showcase their skills. Greater than Chris Yu, co-founder of Signal Plus, added, We're proud to partner with Greater Than Deribit to welcome traders into the next exciting iteration of our summer Greater Than Trading competition. At Signal Plus, we are firm believers of crypto options greater than being at the forefront of the next innovation wave,

granting users ever greater than expanding control of their digital asset portfolios. Together with Deribit's Greater Than Leading platform, we're delivering an experience that rewards skill, fosters greater than learning, and energizes derivatives trading for the betterment of the greater than community. As with our past collaboration successes, we are excited to see greater than what this round of seasoned professionals and newcomers will achieve in the greater than hot summer months, and look forward to interacting with all participants in greater than the very near future. Competition Highlights Attractive prize pool.

Compete on both individual and team leaderboards for a chance to win USDC cash rewards and additional prizes. From Tesla to Rolex to Hawaii travel to physical gold, the summer chase, should have something in store for everyone. Palm Throne Tournament. Climb the rankings each week by trading options and futures on Darabit with Signal Plus. Top traders earn weekly rewards with a twist first place and odd numbered rankers will receive bonus rewards. Island League Showdown. Team Competition. Team up and compete to win up to 1000 USDC

weekly, with 20% going to team leaders. All team members must meet the individual minimum trading volume for overall qualification. Big referral prizes. Invite and refer top performing traders to the competition for a chance to win a Tesla or the equivalent of 30,000 in USDC. Upsize your referral bonuses by inviting additional registered users to earn up to 3,500 USDC, as well as jackpot prizes including a Rolex Submariner, Skydive Dubai entry, F1 Grand Prix tickets, and more.

Participation Rewards and Daily Lucky Draws. Activity-based rewards will be granted to participants for making your first trade, social media contests, weekend boosts, and other challenges. Earn participation rewards without worrying about your rankings. Furthermore, daily events will be held to incentivize active traders with guaranteed USDC awards, while qualified teams will have a chance to win a trip to Hawaii through regular lucky draws. Cassette Rewards in Symbol Game Daily trading activity unlocks cassette tokens

for guaranteed and limited USDC rewards. Special symbol-based mechanics offer the chance to win a Hawaii trip and extra bonuses for teams. Lifestyle prizes. From designer sunglasses and Apple watches to travel giveaways and high-end electronics, the Summer Chase offers something for everyone. Learning and engagement. Traders will have the opportunity to upskill their trading knowledge through weekly engagement events, prediction challenges, and social activities. Learn while you earn! The Summer Chase invites participants into a dynamic trading competition that combines strategic trading with seasonal celebration.

With every trade, contenders edge closer to exclusive summer rewards. The event begins today! About Deribit Deribit is a centralized, institutional-grade provider of crypto derivatives ecosystem, specializing in Bitcoin and Ethereum options and futures. With state-of-the-art infrastructure, Deribit offers instantaneous price discovery, low-latency execution, advanced risk mitigation tools, and deep liquidity through a 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.

AboutSignalPlusSignalPlus delivers a comprehensive options trading suite tailored for crypto derivatives traders. Access an advanced suite of tools to perform delta hedging, risk analysis, P&L attribution, and multi-leg execution with minimal slippage via our dashboard. Tap into exchange liquidity via listed order books or bilateral block trade requests with institutional counterparties. Users can manage portfolio risk through an integrated suite of scenario-based risk simulations, supported by automated hedging functions and real-time telegram alerts

to help monitor exposures. Disclaimer. Daribit FZE is licensed by the VARA to provide virtual asset exchange services and does not accept or service retail clients. DRB Panama Inc. is not regulated and services both retail and non-retail clients. Virtual assets are subject to extreme market volatility, involve a high degree of risk, and can lose value, in part or in full. Investing in virtual assets may result in you losing your entire investment. Virtual assets are not insured against potential losses and are not protected by any form of financial protection whatsoever. Participants onboarded as clients under Deribit FZE, qualified investors, are eligible

to win up to $5,000 USD in total throughout the competition period. They are not eligible for high value rewards such as the Tesla or Rolex prizes. Clients registered via DRB Panama Inc. are eligible for the full prize pool, including the Tesla, Rolex, and all other promotional rewards. This story was published as a press release by Chainwire under Hacker Noon's business blogging program. Thank you for listening to this Hacker Noon story, read by Artificial Intelligence. Visit HackerNoon.com to read, write, learn and publish.