Zeta Markets — interacting with decentralized exchange
Zeta Markets is a decentralized derivatives exchange built on the Solana blockchain. The team’s efforts are focused on creating a user-friendly and secure terminal for futures trading.
The project has attracted $8.5 million in investments from Jump Capital, Solana Ventures, Electric Capital and others.
At this stage, the team holds trading seasons, participating in which we can earn points. Further in the article, we will consider the activity in more detail.
Activity Guide
Note: you will need a Phantom wallet to pass. If you don’t have one, you can use our guide to set it up and customize it. You will also need SOL tokens for commissions and USDC tokens for trading.
Important: any trading involves risks. Please take this into account if you are going to take an active part in this project.
- Go to the site and connect your wallet.
- Click Deposit and top up the exchange’s balance:
- On the Trade tab, choose the token we want to trade:
- Set the desired settings and confirm opening a position:
Important: the terminal on decentralized exchanges is slightly different from the similar ones on CEX. To minimize the possibility of losing money, study each of the settings in detail.
- After opening a position, you can place Take Profit and Stop Loss orders and close it according to the market, if necessary:
Note: do not close a position immediately after opening it. Such actions may be considered by the team as dishonest.
Points are awarded per trading volume. Detailed information about their distribution can be found in the team’s article.
Ambassador Program
The Zeta Markets team announced the launch of Z Fight Club, a gamified ambassadorship program.
Users who qualify for participation will be able to earn points by completing various tasks to promote the project. During this phase, 1.5 million Z-Score and a few random Z-Passes will be distributed. The detailed information can be found in the article.
- Go to the form and fill in the required fields in detail:
- Join Discord and chat for activity.
Conclusion
Unlike other projects, the Zeta Markets team writes almost directly in the documentation that earned points will be taken into account when distributing tokens on TGE. If you are actively trading, you can pay attention to this dApp or use hedging strategies to minimize risks.
Highlights:
- $8.5 million has been invested in the project;
- the team holds trading seasons, during which we can earn points;
- points will be taken into account when distributing tokens.
If you have any questions when going through the activities, you can ask them in our Telegram chat.
