Deribit, a leading platform for institutional-grade Bitcoin and Ethereum options, has teamed up with SignalPlus, a top-tier crypto options analytics provider, to launch the highly anticipated Summer Chase 2025.

Running from June 26 to July 31, this five-week trading competition brings together traders from across the globe for a chance to win from a massive prize pool exceeding $300,000 in USDC, plus luxury items including a Tesla, a Rolex, and even a trip to Hawaii.

Key Highlights and Reward 

The Summer Chase 2025 will take place from June 26 to July 31. All Deribit users can participate through the SignalPlus platform. Traders interested in the competition can register online, and those who sign up before June 30 will receive an exclusive early bird bonus of three free Deribit options.

Participants can expect a dynamic array of challenges and rewards throughout the event. Whether competing individually or as part of a team, traders can win significant prizes, including USDC cash rewards, physical gold, and luxury items.

Weekly competitions under the Palm Throne Tournament will spotlight top-performing options and futures traders. Special bonuses await those reaching first place or landing in other designated rankings.

For those who prefer team-based play, the Island League Showdown invites groups to battle for up to 1,000 USDC per week, with 20% of the winnings going to the team leader. To qualify, each team member must meet a minimum trading volume.

There are also lucrative incentives for those who refer others to the competition. By bringing in top-performing traders, participants can win grand prizes such as a Tesla, up to 30,000 USDC, a Rolex Submariner, or experiences like skydiving in Dubai and tickets to the Formula 1 Grand Prix.

Beyond leaderboard rankings, traders can earn guaranteed rewards simply by completing basic tasks, such as placing their first trade or participating in social media contests. Daily activity unlocks cassette tokens, which can be redeemed for USDC, while the Symbol Game adds a layer of fun with the chance to win bonus prizes, including a trip to Hawaii.

To keep the excitement going, all active participants will be automatically entered into daily lucky draws, where guaranteed USDC prizes await. Whether you’re a seasoned trader or a curious newcomer, The Summer Chase offers both the thrill of competition and the reward of participation.

Lifestyle & Learning Extras:

Beyond the trading floor, Deribit and SignalPlus are spicing things up with designer accessories, Apple Watches, and other high-end tech giveaways. Additionally, educational sessions and weekly prediction contests aim to help traders sharpen their skills while competing.

Commenting on the launch, Luuk Strijers, Chief Executive Officer at Deribit, shared:

“We’re excited to launch the third edition of our Options Competition in partnership with SignalPlus. Following last year’s massive success and incredible momentum, we knew we had to take things to the next level. This year, we’re raising the stakes with bigger rewards, fresh challenges, and even more opportunities for traders to showcase their skills.”

Chris Yu, Co-Founder of SignalPlus, highlighted the company’s excitement in partnering with Deribit for the latest summer trading competition. He noted that crypto options represent the future of financial innovation and praised the event for encouraging both skill development and community engagement. Yu expressed confidence in the competition’s success and looked forward to strong participation from new and experienced traders.

About Deribit:

Deribit is a centralized platform offering a professional-grade environment for crypto derivatives trading. With advanced infrastructure, deep liquidity, and real-time risk management tools, it facilitates a large portion of global crypto options volume, particularly for Bitcoin and Ethereum.

About SignalPlus:

SignalPlus provides a comprehensive suite for crypto options trading. The platform key tools include risk simulations, delta hedging, and advanced multi-leg execution. Designed for both institutions and active traders, it enables seamless portfolio management and real-time analytics.

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Filed under: Bitcoin - @ June 26, 2025 3:27 pm