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Decentralized finance (DeFi) derivatives exchange Zeta Markets announced its mainnet launch on Solana on January 17th.
According to Zeta Markets spokesperson Tristan Frizz, the company is excited to bring institutional grade crypto derivatives trading to the masses. With the launch of the Solana Mainnet, traders will have access to traditional financial instruments, including undercollateralized trading and cross-margin portfolio, in a decentralized manner.
The entrepreneur expressed his gratitude to the community for their support during the testing phase. He also said that his company is pleased to continue working with all stakeholders to develop new proposals for investors.
Zeta previously forged strategic partnerships with leading digital currency derivatives market makers LedgerPrime and Pattern Research. This provided liquidity for all transactions on the platform, a key condition for the efficient operation of crypto platforms and price predictability.
LedgerPrime Chief Investment Officer Shiliang Tan said that the launch of Zeta Markets on Mainnet is a major step forward for the entire crypto derivatives ecosystem. He attributed the main advantages of the platform to the fact that it provides developers with the resources necessary to create successful products.
The experts noted that an important feature of the Zeta Markets decentralized platform is that it offers features that are traditionally present on institutional-level centralized exchanges: undercollateralized trading, cross-portfolio margin, instant settlement and others. Her order book and matching engine is based on DEX Serum. In addition, the company provides the underlying liquidity infrastructure for protocols on the Solana blockchain.
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