Deribit Revs Up its Fees with Performance-Based System

Deribit, a prominent cryptocurrency derivatives exchange, has announced a strategic shift in its fee structure. This new model introduces automatic discounts based on trading activity and will impact users starting November 1st. The initiative is designed to categorize users into VIP tiers based on their trading volumes from the previous month. This move aligns with CME Group’s recent efforts to boost the appeal of derivatives markets, which include introducing options for XRP and Solana.