Zeta Markets, a leading decentralized exchange on the Solana network, has reached a new milestone with a cumulative trading volume of $4 billion, setting a new all-time high. This achievement comes shortly after surpassing the $3 billion mark just 20 days prior. Alongside this, Zeta Markets introduced its governance token, $Z, aimed at powering the governance and protocol growth. The $Z token has a total supply of 1 billion, with an initial allocation of 10% of the tokens. Zeta Markets serves a monthly active user base of 71.6k and has been praised as the fastest perpetuals exchange on Solana, boasting a fresh all-time high of $26.49M in open interest.
🚨ZETA MARKETS UNVEILS $Z GOVERNANCE TOKEN: WHAT WE KNOW🚨 - Leading @Solana perp DEX, @ZetaMarkets, has just now unveiled its hotly-anticipated governance token, $Z. What we know… - Total supply of 1,000,000,000 $Z - Initial supply to consist of 10% of $Z tokens allocated to… https://t.co/KMSPS9aBXI https://t.co/0IuzDDZkST
We’re proud to introduce $Z - the future of decentralized trading. $Z powers the governance and protocol growth of Zeta Markets, @solana's fastest perpetuals exchange, which has facilitated +$4B in trading volume serving 71.6k monthly active users. Coming soon. 🧵 https://t.co/ivGyoZ4S55
🚨 LATEST: Cumulative Trading Volume on @ZetaMarkets hits $4 billion, a new All-Time High. https://t.co/I8YGl6aZmi