Zeta Markets: The Road To Breakpoint
Taking a second look at Zeta Markets, one of Solana's hottest trading platforms.
Cryptocurrency can be risky due to market volatility and lack of regulation. Use reputable platforms, avoid emotional trading, and only invest what you can afford to lose. Be cautious and remember, not your keys, not your crypto.
If you’ve been following for a while, you probably know that it can be an interesting journey exploring platforms that are powered by Solana. With plenty of speed and a high transaction rate, $SOL is perfect for enjoying some De-Fi and trading experiences without having to spend all your money on Gas fees. In today’s article, we’ll be looking at a platform we have explored before. With a committed dev team, a smooth UI and plenty of things to like, we are of course talking about Zeta Markets. Let’s check it out!
Powered By SOL
If you’ve been active on SOL for a while you might have heard of Zeta already. With their own $ZEX token being launched mid-year, plenty of people were hyped for the launch and big money rolled into the platform in anticipation of the launch.
You won’t have had to have spent long in crypto to realise though, that for the most part, it’s been a pretty tough year with plenty of red around. Despite plenty of positive sentiment (particularly around $SOL), this makes it a tough market to launch into, and the Zeta launch was no different.
To succeed in Web 3 though, you need more than a good product. Typically, you’ll need a good product, a strong development team and a clear vision for what you’re trying to achieve. You’ll then need community support, along with a bit of luck and a favourable market. So, it doesn’t take long to see that actually delivering value into the ecosystem can be a tough ask sometimes.
Community Sentiment
If you recall the series on Zeta that we wrote earlier in the year, you might be wondering why we’ve chosen to revisit them. To put it bluntly though, when you look behind the scenes it’s hard to take fault with the Zeta team. Did they launch into a tough market? For sure. Did some people take issue with the airdrop launch and subsequent market price? Absolutely, it wouldn’t be crypto if people didn’t. But if you double back and look at some of the things we mentioned as being essential for success, you’ll start to see things in a different light.
The Zeta Vision
We’ve been following the team for more than a little while and one of the things that is valued the most is the clear vision that Zeta has for their product, as well as the open ear that the team keeps for community sentiment.
What is this vision?! If you’re a reader, you might find the whitepaper and other docs to be useful. If you’d like us to save you the time though, we’ll break it down for you, starting with the screencap below.
Essentially, the team aims to provide a stable and reliable product, with a focus on User Experience and Interface. Like many other Web 3 projects, they are also aiming to return power to the people wherever possible, using a governance system to encourage community engagement around future development and direction. This is a great thing, as it means that the community has an active say on how and when the platform will evolve.
The Zeta Product
As well as promoting community engagement and support, in their current format Zeta also supplies a reliable and easy-to-use trading product for the Solana market to use.
This includes perp trading in all its forms, Staking with vesting rewards and an ongoing campaign to provide trading rewards back to the community at the end of each Epoch.
So, no more buggy user interfaces. Minimal stalled or dropped transactions due to blockchain issues. Just fast, stress-free trading on a cheap gas blockchain using the pairs of your choice. Nice!
Get Involved
Getting involved with Zeta is extremely simple, but to help get the most out of your journey here are a few additional tips that you might find useful.
Following the Zeta Socials means you stay across the latest updates. Follow them on X
Joining Zeta means you’ll earn your share of rewards for trading and staying active on the platform. Join using this link.
Once you’ve joined, you’ll want to stake some ZEX so you can receive gZEX to ensure you’re able to vote on governance issues. If you don’t currently hold ZEX, you can purchase it through the exchange of your choice.
Once you’ve got your $ZEX, simply stake it in the app to receive gZEX. You’ll need to pick a staking duration and quantity and then lock it away. When this is completed, you’re all set for governance votes. Don’t forget though, you’ll also earn rewards on your stake too.
Have you traded on Zeta? Did you qualify for the airdrop? Did you stake your tokens? Let us know in the comments, and don’t forget to visit the team if you’re going to make it to the Breakpoint conference!
Medium has recently made some algorithm changes to improve the discoverability of articles like this one. These changes are designed to ensure that high-quality content reaches a wider audience, and your engagement plays a crucial role in making that happen.
If you found this article insightful, informative, or entertaining, we kindly encourage you to show your support. Clapping for this article not only lets the author know that their work is appreciated but also helps boost its visibility to others who might benefit from it.
🌟 Enjoyed this article? Join the community! 🌟
📢 Join our OSINT Telegram channel for exclusive updates or
📢 Follow our crypto Telegram for the latest giveaways
🐦 Follow us on Twitter and
🟦 We’re now on Bluesky!
🔗 Articles we think you’ll like:
What The Tech?! Rocket Engines
OSINT Investigators Guide to Self Care & Resilience
✉️ Want more content like this? Sign up for email updates