ZEX

1.Project introduction

Zeta Markets is positioned as an alternative to centralized, black-box financial systems. To date, the trading platform has facilitated over $7B in trading volume while serving more than 100k monthly active users on Solana. Zeta Markets aims to scale upon this foundation by pioneering a first-of-its-kind Solana DEX Layer 2 which will compete with the performance of CEX’s whilst not compromising on security and transparency.

2.Team introduction

founder: Tristan Frizza

ex-Atlassian machine learning specialist

https://www.linkedin.com/in/tfrizza/

ead product design: Risiandi Jiang

https://www.linkedin.com/in/risiandi-jiang/

CMO: Imran Mohamad

https://www.linkedin.com/in/imranmohamad/

3.Investment institution

- Raised $5m in May 2024: Electric Capital*, DACM, Selini Capital, AirTree Ventures, Anatoly Yakovenko, Mert Mumtaz, Richard Wu, Stepan Simkin, Genia Mikhalchenko, Alex Smirnov, JMR Luna, @TheOnlyNom

- Raised $8.5m in 2021: Jump Capital*, Electric Capital, Wintermute, Amber Group, Solana Ventures, SkyVision Capital, Ryze Labs, Race Capital, QCP Capital, Digital Asset, GBV Capital, AirTree Ventures, Orthogonal Trading, Third Kind Venture, Alameda Research, LedgerPrime

4.Token application and distribution

Token application

- Staking

- Governance

- Incentives

Token distribution

- Incentives: 30%

- Investors: 17.5%

- Contributors: 20%

- Airdrop: 10%

- Community Treasury: 22.5%