Introducing Zeta ζ
Zeta is revolutionizing options trading on DeFi, enabling anyone to effectively hedge risk against crypto market movement and events built on Solana and Serum.
Their value proposition:
- Hybrid orderbook and options AMM model (automated market maker) that allows for efficient pricing and deep liquidity
- Greater capital efficiency via under-collateralization
- Lightning fast transactions and low fees (thanks to Solana)
- A strong focus on the user experience with easy-to-trade derivative products and exciting underlyings that appeal to the you, the pioneers of DeFi
Zeta addresses these gaps in the current DeFi landscape — building a sub-second speed options protocol on the Solana network, with an AMM designed to provide liquidity for traders, and long-term yield to investors.
They are providing innovation on several fronts:
- ⚡ Speed and Efficiency
Building a derivatives protocol on Solana provides traders the ability to trade at lightning speed on the Serum orderbook with almost zero cost, unlike current platforms which rack up hundreds of dollars in fees and take minutes just to clear orders. - 📈 Liquid Markets
Zeta’s proposed AMM will provide superior yields to LPs, as well as encourage liquidity by making markets on every product they list. They employ a dynamic AMM which takes in information from every trade in the market to determine a fair option value, responding in the same way a ‘real’ market maker would. This allows for infinite horizontal scalability to any tail liquidity tokens and strikes. - ⚖ Under-collateralization
Collateral is significantly reduced on Zeta’s options platform. They recognise that options in conjunction are often less risky than standalone, and actively reduce trader’s required collateral for spreads, strangles, straddles, flies and more. - 🔥 Novel Derivatives
Most of all, they want to provide products that real crypto natives care about. They will be looking to list not only derivatives on spot prices, but derivatives on blockchain information, gas fees, funding rates and more — with community feedback at every step.
What is Solana?
Solana Labs is a technology company working to help advance the Solana ecosystem. The Solana blockchain is a new architecture for a high-performance blockchain. Up to 710,000 transactions per second on a 1-gigabit network without data partitioning.
What is Serum?
Serum is a decentralized exchange (DEX) and ecosystem that brings unprecedented speed and low transaction costs to decentralized finance. It is built on Solana and is completely permissionless.
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