Deribit is launching a new tiered fee system that rewards traders based on their volume and activity. The program, effective September-October timeframe, assigns users to various VIP tiers with corresponding fee reductions. Traders handling billions of derivatives contracts could achieve the highest tier (VIP 6), unlocking significant discounts on both options and futures fees. Smaller traders benefit as well, receiving substantial reductions if they maintain a minimum balance of $100,000 in their Deribit account to earn U.S. Treasury yield returns each month. This structured system reflects the exchange’s goal of creating fairness, transparency, and proportional benefits to trading volume.