Deribit Launches Automated VIP Fee System as Solana Eyes $260 Ahead of CME Options Launch

Deribit, the world’s largest crypto derivatives exchange, has announced a major revision to its trading fee structure ahead of a growing derivatives market ￰0￱ new automated VIP tier system, set to launch on November 1, 2025, will adjust account fees based on monthly trading ￰1￱ change coincides with rising institutional activity on CME Group, which recently introduced options trading for XRP and Solana ￰2￱ Fee Model Based on Trading Activity Deribit’s upcoming fee model aims to improve fairness and transparency by automatically adjusting discounts according to trading ￰3￱ exchange will classify traders into six VIP levels, ranging from standard to VIP ￰4￱ level provides progressively larger discounts, with rates determined by volumes recorded between September 15 and October 14, ￰5￱ the new system, VIP 1 traders will receive discounts of up to 16.66% on options and 30% on futures or perpetual ￰6￱ the highest tier, VIP 6 users will enjoy fee reductions of 66.66% on options and 55% on futures and perpetual ￰7￱ qualify for VIP 6 status, traders must record over $5 billion in total trading volume.

Besides, the exchange requires VIP 1 traders to maintain at least 100,000 USDC in their ￰8￱ balances can also earn monthly ￰9￱ yields, a move designed to encourage more stable liquidity within the ￰10￱ changes reflect Deribit’s effort to reward high-volume traders and attract professional participants as competition in the derivatives market ￰11￱ Expands Options Market with XRP and Solana Meanwhile, CME Group has expanded its crypto derivatives portfolio by adding Solana and XRP options earlier this ￰12￱ move signals growing institutional interest in alternative assets beyond Bitcoin and Ethereum. CME’s crypto derivatives trading hit $901 billion in Q3 2025, while open interest averaged $31.3 billion and peaked at $39 ￰13￱ Eyes Recovery Toward $260 Resistance Solana (SOL) has drawn attention from analysts as its price consolidates around $196 after recent ￰14￱ a weekly loss of over 11%, the token holds firm above the $190 support ￰15￱ analyst Ali Martinez noted that Solana could retest the $260 resistance level if bullish momentum continues.