Deribit, the world’s largest crypto choices trade, has introduced a brand new rewards program for eligible USDC holders to boost customers’ collateral decisions and increase total capital effectivity on the platform.
These funds are doable as a result of Deribit leverages Coinbase as a custody answer for USDC and Coinbase, in flip, pays rewards to these holding USDC by means of them. As of July 2025, the reward fee stands at 4%, although customers ought to observe that Coinbase repeatedly adjusts these charges.
USDC is the world’s second-largest dollar-pegged stablecoin with a market worth of $63.83 billion at press time. Deribit accounts for almost 80% of the worldwide crypto choices exercise.
The eligibility to obtain the USDC yield is set by the consumer’s location, Deribit mentioned within the official announcement, including that for institutional customers, the place of incorporation and principal administrative center are considered.
Moreover, customers should retailer their USDC immediately with Deribit, and now with an exterior custodian, to earn the yield. In case of a hybrid setup, solely the USDC held on Deribit will likely be thought of.
The primary rewards will likely be paid in August 2025, with the quantity calculated primarily based on the minimal fairness held every day between July 15 and July 31, the trade mentioned.
