Crypto vol is compressed. Macro uncertainty isn’t. Imran Lakha and Wintermute’s Jake Ostrovskis break down what’s keeping BTC and ETH vol pinned, the role of persistent overwriting, and whether the next shift in crypto options could start driving spot rather than following it. Watch #123# ↓

Deribit has secured a VARA Broker-Dealer license in Dubai. Deribit users will soon have access to deeper spot liquidity and a broader range of assets through Coinbase Exchange. Find out more ↓

The Island is live — TRADE NOW! We're giving away not one, but TWO private islands. 🏝️🏝️ Up to 600,000 USDC in prizes, including a Rolex Watch, a Private Island, a Bali Trip, daily USDC rewards, free options & more. 👉 Trade here: 35 days. 11 arenas. Trade solo. Build your crew. Refer top traders. ⏰ Trade before 8:00 UTC daily to boost your rewards in the Daily Tide & Crew Tide lotteries — win USDC, Bali Trips & more. ⚡ Flash Reef & Island Amplifier — Trade short-dated options (≤7 day expiry) daily to multiply rewards up to 2× and fire cannons to aim for the Finland Island. 🎁 Deposit & hold 7 days → unlock your Mystery Box guaranteed win. 🏝️ Invite a TOP trader to win a Private Island &  Refer a friend to unlock a Rolex Watch. 🚨 First Tide Pack ends tomorrow. Register by July 7 to claim 3 free Deribit options.

🚩 Just 5 Teammates Could Earn You 300 USDC! Create your team and invite 5 teammates before July 7 for a chance to win a Cressi Velvet wetsuit (or 300 USDC). ⏳ Join Deribit @DeribitOfficial × SignalPlus Trading Competition and start recruiting:

🚨 3 days left to claim your 3 free options. - Register by July 7, 08:00 UTC to secure your 3 free options. - Form a team of 5+ for a chance to win a Cressi wetsuit - Be among the first 10 traders to hit $200M in total volume by July 12 and enter the draw for 2 Rimowa suitcases worth 5,000 USDC. Claim now:

🐋 The Deep | Block Trade Round - Built for Retail Whale traders To enter: ≥200K USDC in your Deribit account Here's what's on the table: -Take 1 block trade/week get 30% fee rebate (all participants) -Hit 50M weekly volume to get 50% fee rebate -Take 1 or more block trade in this competition for a chance at Luxury Turkey Trip or 2,000 USDC Enter The Deep:

🚀 Complete Your Deribit KYC in Just 5 Minutes Getting ready for the Trading Competition? Here's how: 1️⃣ Visit and log in. 2️⃣ Click your profile icon → Verification → Complete your KYC. 💡 Before you submit: • Make sure your residential address exactly matches your Proof of Residence (including unit/apartment number). • A bank statement is the recommended Proof of Residence. ⏳ Verification typically takes 1–3 business days, so don't wait until the last minute. Register now at and get ready for The Island Trading Competition 🌴

Another wave of traders has arrived. 155 traders have already landed on The Island. 54 joined in the last 24 hours. The First Tide Pack is live. - Register by July 7 to claim 3 free DRB options. - Invite 5 friends for a shot at the Cressi Wetsuit. - Reach 200M by July 12 for a chance to win 2 Rimowa suitcases. Step ashore:

🌊First tide pack awaits. The Island rewards those who arrive first. 🎁Register before July 7 and claim 3 free Deribit options — instantly. 👥Build your crew and the captain enters the draw for a Cressi Wetsuit. 🧳Sprint to 200M volume by July 12 and one winner takes home 2 Rimowa Aluminium Suitcases worth 5,000 USDC. Three rewards. One window. Don't miss the tide. 👉 Register now:

The Island is open. 11 arenas. 35 days. Up to 600,000 USDC in prizes. From daily rewards to a Private Island. Every trader has a path to win. 🏝️ Register now: Here's all you need to know ↓

Registration is open. First tide pack offer is here. The 200M race begins now. Be among the first 10 to hit 200M by Jul 12 — 1 lucky winner takes home 2 Rimowa Aluminium Suitcases (5,000 USDC). First movers are already ahead. Are you on the board? Register Now:

The island rewards those who arrive first. How to claim the First Tide Pack: 1⃣ Register before July 7 → receive 3 free DRB options. 2⃣Create a team + invite 5+ friends by July 7 → captain enters the draw for a Cressi Wetsuit. 3⃣First 10 to reach 200M volume by July 12 → one winner takes 2 Rimowa Aluminium Suitcases. Register now:

The Island is open. 🏝️ Deribit × SignalPlus present their biggest trading competition yet, with up to 600,000 USDC in prizes and a Private Island as the headline jackpot. Register now: 🔗 With 11 arenas to conquer and short-dated options at the heart of the competition, there are multiple ways to win: - Trade short-dated options to amplify rewards - Refer friends to unlock a Rolex - Invite traders for a shot at the Private Island jackpot - Deposit and hold for 7 days to unlock extra rewards Rewards include: 🏝️ Private Island ⌚️Rolex Watch 🌴Bali Trip & Luxury Turkey Trip 📈NVIDIA Stock & Apple Vision Pro 💸Daily USDC prizes for every trader who steps ashore 📅 Registration: Jun 29 (08:00 UTC) – Aug 10 (23:59 UTC) 📅 Competition: Jul 6 (08:00 UTC) – Aug 10 (23:59 UTC) How to connect Deribit API: