Deribit, SignalPlus Trading Competition Surpasses $23 Billion

Deribit and SignalPlus announced their 2025 trading competition series achieved a notional volume of $23 billion, featuring 586 active participants.

The competition highlights growing interest in crypto derivatives, with Bitcoin and Ethereum derivatives playing a pivotal role in market engagement and risk management strategies.

The Deribit and SignalPlus 2025 trading competition series has achieved a notional volume of over $23 billion, engaging 586 active traders. This marks significant growth from the 2023 event with a 10x increase in volume.

Key players in the event include Deribit, a crypto derivatives exchange, specializing in Bitcoin and Ethereum options, and SignalPlus, a provider of trading dashboards. This strengthens their offerings in the dynamic crypto options sector.

Community Engagement During Volatility

Deribit noted a vibrant response from the crypto trading community even during periods of low volatility.

“When we were reaching out to our community, they were listening and they were responding in the best way possible. So I think that was the best thing that when volatility was low, it was the Deribit options trading community that was so active, responsive, energetic, and so vibrant and like paying attention to all our calls and responding and engaging with us.” – Sidrah Fariq, Head of Retail, Deribit

This competition impacted Bitcoin and Ethereum derivatives markets, highlighted by a prize pool exceeding $300,000. The event underlines the growing interest in crypto options as a valuable risk management tool.

Historical Context and Future Prospects

Historical data shows a precedent in trading volume increases, indicating sustained interest in crypto derivatives from market participants. Potential outcomes include increased focus on risk management tools within crypto markets. As noted by SignalPlus’s COO, Jaewon Yu:

“Big congratulations to all the winners of this competition! Crypto option is still at an early stage, but option as a product is something that can help your risk management with limited downside and help you stay in your position even in choppy markets with random moves. I hope this competition served as a good learning experience for everyone in how to embrace crypto options as an essential tool to express your views in crypto markets. After all, it is our mission in SignalPlus to provide everyone with the best tools to face the crypto markets.”

For traders looking to explore new strategies, platforms like Phemex offer opportunities for innovative trading solutions and risk management tools.