Deribit, the largest crypto choice exchange worldwide, has been announced A new reward program for deserving USDC holders to enhance users’ collateral options and boost the overall capital efficiency of the platform.
These payments are possible because the deribit uses Coinbase as a care solution for the USDC and Coinbase, in turn, pays rewards to USDC holders through it. In July 2025, the reward rate stands 4%, though users should note that Coinbase regularly adjusts these rates.
The USDC is the second largest Stablecoin dollar in the world with a market value of $ 63.83 billion at the time of press. Deribit accounts for about 80% of the Glass -World Crypto Options activity.
The right to receive the USDC yield is determined by the user’s location, Deribit said in the official announcement, adding that for institutional users, the area of integration and chief business area is considered.
In addition, users should store their USDC directly in the derivit, and now there is an external caretaker, to earn the yield. In the case of a hybrid setup, only the USDC held in the derivit will be considered.
The first prize will be paid in August 2025, which is calculated based on the minimum equity held daily between July 15 and July 31, the exchange said.
