what's Zeta Markets?
Zeta Markets is a decentralized perpetual futures exchange built on the Solana blockchain, designed to provide high-speed, low-cost trading for cryptocurrency derivatives. It features an on-chain central limit order book (CLOB) that enables efficient matching of buy and sell orders while maintaining the security and transparency of DeFi protocols. Users can trade perpetual contracts with up to 50x leverage across various assets, supported by a robust liquidity layer and advanced trading tools like limit orders and TWAP executions. The platform's native token, $ZEX, powers governance, staking, and fee discounts within the ecosystem. Zeta emphasizes composability, allowing seamless integration with other Solana-based DeFi applications, and prioritizes user custody through non-custodial wallets. Its architecture leverages Solana's high throughput to minimize latency, making it suitable for professional traders seeking institutional-grade features in a decentralized environment.
Bullet Protocol mainnet launched on Solana with 1ms perpetuals, vaults; $ZEX converts 1:1 to $BULLET.
contract
solana
Processed over $15 billion in derivatives volume in 2024.
Launched mainnet on February 2nd, 2026, with 1ms latency perpetuals and yield-earning vaults. Guarded launch limits deposits to $2,500, supporting BTC, ETH, and SOL assets.
$ZEX to $BULLET token conversion confirmed at 1:1 ratio with $ZEX currently at $16m market cap while $BULLET token remains unlaunched as Bullet rollout progresses.
Bullet approaches mainnet launch with upcoming $ZEX to $BULLET token migration.
ZEX is migrating to a new token called BULLET, with the new bullet.xyz platform currently in testnet phase.
ZEX identified as Solana's Hyperliquid competitor in strategic multi-chain allocation play.
Experiences 72% price increase in 24 hours amid rotating interest in perpetual DEX tokens.
Major accumulation signal: 2,423% holdings increase and 137% whale activity surge, with tokens moving off exchanges.
Token surges 152% amid increasing competition in blockchain CLOB space.
24-hour price surge of 140% places token among top performers on Kraken Pro.
200% price surge triggered by single influencer tweet indicates high market manipulation risk.
Token migration to Bullet announced with 1:1 ratio, while building Solana-based optimistic rollup for high-performance trading infrastructure.
Top stakers can access Zeta X testnet. Public testing coming January 2025.