Deribit's new fee structure will take effect on November 1st. The first tier of fee discounts requires an account holding 100,000 USDC, with no trading volume requirement. USDC currently has a 4.1% annualized interest rate. On October 1st, accounts will receive a projected fee based on September's trading volume. If the fee is lower than the current rate, the account will automatically be upgraded in October. If the fee is higher than the current rate, the rate will be reassessed in November. 🙏