Zeta Markets plans to launch derivatives trading L2 Zeta X on Solana in the first quarter of next year
2024-06-25 10:25:38
On June 25th, Zeta Markets, a derivatives protocol on Solana, said it plans to launch Layer2 Zeta X, a decentralized derivatives trading platform built for Solana, on the mainnet in Quarter 1, 2025, and released a white paper. Zeta X will use Solana's L1 for data availability and settlement, while processing execution through an off-chain zkVM-compatible matching engine. Zeta Markets' newly launched token ZEX will also serve as the native token of Zeta X.
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