Introduction
Since 2021, Zeta Markets has been a player in the Solana DeFi space, offering their decentralised derivatives exchange. The platform seamlessly integrates the limit order book of centralised exchanges with the self-custody and transparency afforded by blockchain technology, providing a comprehensive and balanced trading experience.
The Z-Score
The Z-Score serves as the introductory points system for the token launch. Simply accumulate points through your trading activity; the higher your Z-score, the greater your rewards. Season 1 concludes on December 20th, leaving limited time to earn points.
The token’s future launch and potential subsequent seasons remain unconfirmed but details are said to be release prior to the conclusion of Season 1.
How to Earn
Trading Volume
In Season 1, traders earn 1 point for every $1 in taker volume. It’s important to distinguish between maker and taker transactions.
Trading Success
Beyond volume rewards, Zeta acknowledges successful traders through the PnL Leaderboard. The top 100 traders daily receive a score multiplier based on their traded volume in the last 24 hours, with Rank 1 earning a 2x multiplier, Rank 2 a 1.99x multiplier, and so forth.
It’s crucial to note that Zeta have explicitly stated that engaging in wash trading will result in setting the Z-Score to 0.
Bonus Weeks
There will be periodic bonus weeks on trading a specific pair that will allow users to earn up to a 6x multiplier on their Z-Score.
NFT Partner Communities
Zeta has partnered with Mad Lads, Tensorians and Banx NFT collections for Season 1. Holders of these NFTs will receive special benefits periodically throughout the season such as cNFT Airdrops and designated Community Weeks.
The Platform
A – Wallet connection and account management
B – Orderbook display
C – Trading pairs
D – Portfolio Management. Track your performance and manage your positions
E – Leaderboard
Placing Trades
As per Zeta’s endeavour to cater to those familiar with a centralised exchange interface, setting positions is a quite intuitive experience.
Features include:
Buy/Sell – Long/Short
Order Type – Limit or Market
Position Price and Size
Account Leverage
Advanced Order Types for more specific functions.