Deribit by Coinbase, via its broker-dealer DRB Panama Inc., and SignalPlus have announced The Island, their fifth and largest trading competition yet. Running for 35 days from July 6 to August 10, 2026, the event offers up to $600,000 USDC in prizes, along with luxury rewards like a private island vacation, a Rolex watch, and NVIDIA stock.
Eligibility requires trading through SignalPlus on Deribit, with leaderboards based solely on options (weighted 1.0) and futures (weighted 0.5) volume. New mechanics include a Mystery Box deposit round, a weekly P&L leaderboard, short-dated options reward multipliers, and the Flash Arena, where higher short-dated volumes unlock extra jackpot draws. The competition also features solo and team rankings, daily missions, referral incentives, and block-trade rebates.
Early registrants by July 7 receive three free Deribit options, and early volume achievers can win luxury luggage. Luuk Strijers, Senior Director at Deribit by Coinbase, said, “The Island brings together bigger scale, stronger participation loops, and a structure that rewards how active options traders actually engage.” SignalPlus CEO Chris Yu added that the design “makes participation more dynamic and more rewarding.”
Beyond the headline private island jackpot, prizes include SOL spot rewards, Ledger Stax devices, Apple Vision Pro, and daily USDC pools. The competition is open to eligible retail traders worldwide except Dubai residents.
