What is the settlement of Deribit options?

Excuse me, could you please elaborate on the settlement process for Deribit options? I understand that these options are traded on the Deribit exchange, but I'm not entirely clear on how the settlement takes place once the contract expires. Could you explain the steps involved in the settlement process, and any important factors that traders should be aware of when dealing with Deribit options? Thank you in advance for your time and assistance.