Deribit, the world’s largest crypto derivatives exchange, has announced a major revision to its trading fee structure ahead of a growing derivatives market expansion. The new automated VIP tier system, set to launch on November 1, 2025, will adjust account fees based on monthly trading volumes. This change coincides with rising institutional activity on CME Group, which recently introduced options trading for XRP and Solana futures.
New Fee Model Based on Trading Activity
Deribit’s upcoming fee model aims to improve fairness and transparency by automatically adjusting discounts according to trading volumes. The exchange will classify traders into six VIP levels, ranging from standard to VIP 6. Each level provides progressively larger discounts, with rates determined by volumes recorded between September 15 and October 14, 2025.
Under the new system, VIP 1 traders will receive discounts of up to 16.66% on options and 30% on futures or perpetual trades. At the highest tier, VIP 6 users will enjoy fee reductions of 66.66% on options and 55% on futures and perpetual contracts. To 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 accounts. These balances can also earn monthly U.S. Treasury yields, a move designed to encourage more stable liquidity within the platform. The changes reflect Deribit’s effort to reward high-volume traders and attract professional participants as competition in the derivatives market intensifies.
CME Expands Options Market with XRP and Solana
Meanwhile, CME Group has expanded its crypto derivatives portfolio by adding Solana and XRP options earlier this week. The 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 billion.
Solana Eyes Recovery Toward $260 Resistance
Solana (SOL) has drawn attention from analysts as its price consolidates around $196 after recent declines. Despite a weekly loss of over 11%, the token holds firm above the $190 support zone. Crypto analyst Ali Martinez noted that Solana could retest the $260 resistance level if bullish momentum continues.
Source: X
Hence, maintaining price action above $200 may confirm renewed accumulation and support a breakout toward higher resistance. However, if momentum fades, a correction toward $166 remains possible. Overall, Solana’s structure appears constructive, suggesting another rally attempt may unfold in the coming sessions.
