Zeta Partners with Friktion

Zeta is delighted to announce that they have partnered with  to build the future of finance on Solana!

What Does This Mean?

Friktion is integrating  (composable structured products) with the Zeta DEX, utilizing both termed futures and European-style cash-settled options. This is critical in bridging the gap between CeFi and DeFI and will allow Friktion users to benefit from a highly functional settlement layer.

“Friktion have an outstanding team of core contributors and we’ve been excited to see the success of their mainnet launch; we’re incredibly stoked to work with them and build the future of DeFi together on Solana”

Tristan0x — Core Contributor at Zeta

Why Is This Important?

Better margining and settlement infrastructure. There is an obvious and natural overlap in Friktion & Zeta’s product offerings. Every structured product primitive (a Friktion Volt) needs infrastructure (Zeta DEX) and vice versa.

“Bringing together two teams with experience in financial markets and Solana dev with Friktion and Zeta is going to unlock a new level of capital efficiency on Solana. Utilizing Zeta’s Futures+Options infrastructure as a settlement layer will help deliver best prices and yields for Friktion users!”

Uddhav — Friktion

They expect that this will be live and available to Friktion users in the next couple of weeks as Zeta goes live to mainnet!

SOURCE

 

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