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We are Listing Zeta (ZEX)

August 21, 2024
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1 min

Zeta is a decentralized exchange (DEX) on the Solana blockchain, designed primarily for trading derivatives such as perpetual swaps. The platform features a fully on-chain central limit order book (CLOB) architecture, providing decentralized and transparent price discovery. It supports up to 10x leverage and offers cross-margining, allowing traders to optimize capital usage across multiple positions.

Zeta's infrastructure is designed to mirror the speed and user experience of centralized exchanges while maintaining the security and transparency characteristic of decentralized finance (DeFi). In addition, the platform is highly scalable thanks to Solana's high throughput and low latency, allowing it to handle a large volume of transactions without compromising performance. 

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What is the ZEX token?

The ZEX token serves multiple functions in the Zeta ecosystem, including utility, governance, and incentives. Users can stake ZEX to earn rewards and influence platform governance, allowing them to participate in decision-making processes that shape the future of the platform.

In addition, ZEX participates in "boosting", a feature that allows users to increase their staking rewards or reduce trading fees by locking up their tokens for a period of time. ZEX is also distributed through airdrops and trading campaigns to encourage engagement and adoption of the platform.

Here are some of the other key aspects you should consider:

  • Trading Volume (24h): The trading volume of ZEX in the past 24 hours is $1.71 million.
  • Self-reported Circulating Supply: The self-reported circulating supply of ZEX is 158.9 million tokens.
  • Total Supply: The total supply of ZEX is 1,000,000,000 tokens.

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Trade ZEX

Get involved, earn more, and shape the future of decentralized finance! To do so, head over to our trading page and secure your first tokens.

Risk Disclosure Statement

The information provided in this article is for educational and informational purposes only and should not be construed as financial, tax, or legal advice or recommendation. Dealing with virtual currencies involves significant risks, including the potential loss of your investment. We strongly recommend you obtain independent professional advice before making any financial decisions. The products and services offered by Cryptology may not be suitable for all users and may not be available in certain countries or jurisdictions. The promotional materials do not guarantee any specific outcomes or profits from virtual trading. Past performance is not indicative of future results. It is important to read and understand the risks, which are explained in our Risk Disclosure Statement

Katya V.

Katya is one of Cryptology’s skilled content managers and a writer with a diverse background in content creation, editing, and digital marketing. With experience in several different industries, mostly blockchain and others like deep tech, they have refined their ability to craft compelling narratives and develop SEO strategies.