Solana Targets $260 as Deribit Updates VIP Fee Structure
The post Solana Targets $260 as Deribit Updates VIP Fee Structure appeared on BitcoinEthereumNews.com.
Deribit, the world’s largest crypto derivatives exchange, has announced a major revision to its trading fee structure ahead of a growing derivatives market expansion. The new automated VIP tier system, set to launch on November 1, 2025, will adjust account fees based on monthly trading volumes. This change coincides with rising institutional activity on CME Group, which recently introduced options trading for XRP and Solana futures. New Fee Model Based on Trading Activity Deribit’s upcoming fee model aims to improve fairness and transparency by automatically adjusting discounts according to trading volumes. The exchange will classify traders into six VIP levels, ranging from standard to VIP 6. Each level provides progressively larger discounts, with rates determined by volumes recorded between September 15 and October 14, 2025. Under the new system, VIP 1 traders will receive discounts of up to 16.66% on options and 30% on futures or perpetual trades. At the highest tier, VIP 6 users will enjoy fee reductions of 66.66% on options and 55% on futures and perpetual contracts. To qualify for VIP 6 status, traders must record over $5 billion in total trading volume. Besides, the exchange requires VIP 1 traders to maintain at least 100,000 USDC in their accounts. These balances can also earn monthly U.S. Treasury yields, a move designed to encourage more stable liquidity within the platform. The changes reflect Deribit’s effort to reward high-volume traders and attract professional participants as competition in the derivatives market intensifies. CME Expands Options Market with XRP and Solana Meanwhile, CME Group has expanded its crypto derivatives portfolio by adding Solana and XRP options earlier this week. The move signals growing institutional interest in alternative assets beyond Bitcoin and Ethereum. CME’s crypto derivatives trading hit $901 billion in Q3 2025, while open interest averaged $31.3 billion and peaked at…
Filed under: News - @ October 16, 2025 2:24 pm