Deribit's 'The Island' Trading Competition Enters Final Hours with $600,000 Prize Pool

Deribit's 'The Island' trading competition is entering its final hours. The fifth edition of this event, run in partnership with SignalPlus, has a remaining two-hour window for teams to reach a daily cumulative trading volume milestone.

The top-performing traders from these teams may become eligible for a Bali trip prize draw and daily USDC rewards based on qualified trading activity.

Teams that achieve this milestone will qualify their top three traders for the draw, while all members who accumulate at least 500,000 in valid trading volume after joining will be eligible for a daily share of 100 USDC.

The competition features various mechanics, including team and solo leaderboards, deposit incentives, reward multipliers, and referral bonuses, with a total prize pool of up to $600,000 USDC.