Zeta Markets Secures $5 million For Solana DeFi Expansion

cryptodaily2024-05-07 tarihinde yayınlandı2024-05-14 tarihinde güncellendi

Decentralized exchange (DEX) for perpetual trading Zeta Markets has completed a strategic $5 million funding round for Solana DeFi expansion.

The funding was led by Electric Capital and with contributions from DACM, Selini Capital, Airtree Ventures, and several notable angel investors, including Anatoly Yakovenko of Solana.

The fresh capital will facilitate the development of Solana’s first layer-2 solution by Zeta Markets, focused on decentralized finance (DeFi). The layer-2 rollup will integrate central limit orderbooks and enable seamless bridging from Solana, leveraging the expanding DeFi liquidity pool.

Therefore, the goal is to match the efficiency of centralized exchanges while preserving the security and self-custodial features inherent to decentralized platforms.

“We are incredibly grateful for the support of Electric Capital and our new investors who doubled down on our vision despite the uncertainty of the bear market,” stated Tristan Frizza, founder of Zeta Markets.

See Also: Crypto Exchange OKX Enters Australian Market, Offering Spot And Derivatives Trading

“At Zeta Markets, our aim is to craft the ultimate one-stop trading platform, where users can benefit from the transparency of DeFi without having to sacrifice convenience and speed. This fundraise helps accelerate our current momentum and deliver an order of magnitude improvement via a ground-up redesign of our DEX.”

This investment increases Zeta Markets’ total funding to $13.5 million. Moreover, Zeta Markets recently crossed $6 billion in aggregated trading volume and over 100,000 monthly active users.

“We are thrilled to see the Zeta Markets team deepen their commitment to Solana with the unveiling of their ambitious L2 roadmap. We have seen firsthand their perseverance through the bear market and their commitment to the Solana ecosystem,” said Avichal Garg, co-founder and general partner of Electric Capital.

“The Zeta team’s focus on building high-quality, decentralized solutions that solve real problems for users has resulted in tremendous momentum this year. After launching, they have been 50% of the perp volume on Solana for many days. We are proud to continue to support them as they broaden their vision beyond their successful DEX.”

Disclaimer: The information provided is not trading advice. Bitcoinworld.co.in holds no liability for any investments made based on the information provided on this page. We strongly recommend independent research and/or consultation with a qualified professional before making any investment decisions.

#Binance #WRITE2EARN

The post Zeta Markets Secures $5 million For Solana DeFi Expansion appeared first on BitcoinWorld.

Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

Read on Bitcoinik Investment Disclaimer

İlgili Okumalar

Kraken Plans CFTC-Regulated Perpetual Futures For US Professional Traders

Kraken plans to launch CFTC-regulated perpetual futures for eligible US professional traders through its acquired derivatives exchange, Bitnomial. These contracts, featuring continuous pricing, no expiry, and regular funding, aim to provide a regulated domestic route to a product that is central to global crypto trading but has been largely inaccessible on US platforms. The offering is expected to be integrated into Kraken Pro, allowing traders to manage various exposures in one interface. Key factors for success will include eligibility criteria, contract design, and the development of sufficient liquidity. This move could pave the way for more regulated perpetual products in the US market.

bitcoinist2 saat önce

Kraken Plans CFTC-Regulated Perpetual Futures For US Professional Traders

bitcoinist2 saat önce

Warsh's Debut: Will the FED Chair Who Knows Crypto Best Bring Surprises or Shocks to the Market?

Kevin Warsh, the new Federal Reserve Chairman, prepares for his inaugural press conference amidst a challenging macroeconomic landscape: resurgent inflation, a bond market sell-off, and political pressure from President Trump for rate cuts. Uniquely, Warsh holds indirect investments in over 20 crypto and Web3 entities (e.g., Solana, dYdX), making him the first Fed Chair with disclosed crypto exposure. His stance may combine a hawkish, inflation-focused monetary policy with a crypto-friendly regulatory philosophy that shifts from Powell’s “same risk, same rule” approach toward a framework acknowledging blockchain’s productivity value. Warsh’s leadership could impact crypto markets across three dimensions: a paradigm shift in regulation (potentially accelerating pro-innovation legislation and stable币 rules), a re-pricing of risk premiums based on clearer communication and his view of AI as a structural disinflationary force, and a long-term reallocation of global institutional capital driven by increased legitimacy. Two potential scenarios for the press conference are outlined. A “positive surprise” would involve a dovish-leaning tone on rates coupled with signals of regulatory openness, potentially boosting crypto asset valuations. Conversely, a “negative shock” would see a more hawkish-than-expected stance on inflation and rates, triggering a broad risk-asset selloff that crypto markets would not escape. While ethics rules required Warsh to divest his crypto holdings upon confirmation, his deep understanding of the technology may fundamentally lower policy uncertainty and build a more receptive long-term foundation for digital assets’ integration into the mainstream financial system.

marsbit2 saat önce

Warsh's Debut: Will the FED Chair Who Knows Crypto Best Bring Surprises or Shocks to the Market?

marsbit2 saat önce

XRP Ledger Launches XRPLd Rebrand With Version 3.2.0 Upgrade

XRP Ledger has launched version 3.2.0, rebranding its core server software from "rippled" to "xrpld." This release focuses on back-end upgrades, including major memory optimizations that can reduce server memory usage by up to 40% and architectural improvements for future scaling. Key updates enhance security for features like vaults, lending, and decentralized exchanges, and introduce new invariant checks for ledger consistency. The upgrade also adds the capability for applications to retrieve protocol information without connecting to a server, aiding wallet and API development. Additional changes aim to improve enterprise connectivity and performance, featuring configurable block sizes and an updated default peering port, along with various fixes for core network functions.

TheNewsCrypto3 saat önce

XRP Ledger Launches XRPLd Rebrand With Version 3.2.0 Upgrade

TheNewsCrypto3 saat önce

AGI is Not the End, DeepMind's New Paper: Moving Towards ASI, the Real AI Progress Has Just Begun

In a new report, Google DeepMind researchers argue that achieving Artificial General Intelligence (AGI) is not the end goal, but rather a step toward Artificial Superintelligence (ASI). They outline four potential pathways for this transition: 1) continued scaling of compute, models, and data; 2) algorithmic evolution and potential paradigm shifts; 3) recursive self-improvement; and 4) multi-agent coordination and collective intelligence. The report also identifies six key bottlenecks that could hinder progress: data limitations (the "data wall"), economic and resource pressures, limitations of current neural network paradigms, increasing research difficulty, "abstraction barriers" in forming new concepts, and regulatory and societal pushback. Looking ahead, the authors emphasize the need for new evaluation methods once AI surpasses human benchmarks. They call for a large-scale, interdisciplinary effort to prepare for a future where AI-driven advancements could trigger transformative changes across multiple fields. The path and speed of progress remain uncertain, constrained by physical laws, computational complexity, and real-world feedback loops.

marsbit4 saat önce

AGI is Not the End, DeepMind's New Paper: Moving Towards ASI, the Real AI Progress Has Just Begun

marsbit4 saat önce

Kraken Launches Pre-IPO Perps For OpenAI And Anthropic With Up To 5x Leverage

Kraken has launched pre-IPO perpetual futures contracts for private AI giants OpenAI and Anthropic, offering eligible traders up to 5x leverage. These derivatives provide synthetic exposure to the companies' valuations ahead of any public listing, tapping into high investor demand for AI themes. However, the product carries unique risks compared to standard crypto perpetuals, as private company valuations lack transparent, continuous pricing and depend on funding rounds, secondary transactions, and IPO timelines. This move signals crypto exchanges' expansion into alternative speculative markets beyond digital assets, though it raises questions about risk management, liquidity, and investor understanding, especially when using leverage.

bitcoinist4 saat önce

Kraken Launches Pre-IPO Perps For OpenAI And Anthropic With Up To 5x Leverage

bitcoinist4 saat önce

İşlemler

Spot

Futures

Popüler Makaleler

ZETA Nasıl Satın Alınır

HTX.com’a hoş geldiniz! ZetaChain (ZETA) satın alma işlemlerini basit ve kullanışlı bir hâle getirdik. Adım adım açıkladığımız rehberimizi takip ederek kripto yolculuğunuza başlayın. 1. Adım: HTX Hesabınızı OluşturunHTX'te ücretsiz bir hesap açmak için e-posta adresinizi veya telefon numaranızı kullanın. Sorunsuzca kaydolun ve tüm özelliklerin kilidini açın. Hesabımı Aç2. Adım: Kripto Satın Al Bölümüne Gidin ve Ödeme Yönteminizi SeçinKredi/Banka Kartı: Visa veya Mastercard'ınızı kullanarak anında ZetaChain (ZETA) satın alın.Bakiye: Sorunsuz bir şekilde işlem yapmak için HTX hesap bakiyenizdeki fonları kullanın.Üçüncü Taraflar: Kullanımı kolaylaştırmak için Google Pay ve Apple Pay gibi popüler ödeme yöntemlerini ekledik.P2P: HTX'teki diğer kullanıcılarla doğrudan işlem yapın.Borsa Dışı (OTC): Yatırımcılar için kişiye özel hizmetler ve rekabetçi döviz kurları sunuyoruz.3. Adım: ZetaChain (ZETA) Varlıklarınızı SaklayınZetaChain (ZETA) satın aldıktan sonra HTX hesabınızda saklayın. Alternatif olarak, blok zinciri transferi yoluyla başka bir yere gönderebilir veya diğer kripto para birimlerini takas etmek için kullanabilirsiniz.4. Adım: ZetaChain (ZETA) Varlıklarınızla İşlem YapınHTX'in spot piyasasında ZetaChain (ZETA) ile kolayca işlemler yapın.Hesabınıza erişin, işlem çiftinizi seçin, işlemlerinizi gerçekleştirin ve gerçek zamanlı olarak izleyin. Hem yeni başlayanlar hem de deneyimli yatırımcılar için kullanıcı dostu bir deneyim sunuyoruz.

82 Toplam GörüntülenmeYayınlanma 2024.12.12Güncellenme 2026.06.02

Tartışmalar

HTX Topluluğuna hoş geldiniz. Burada, en son platform gelişmeleri hakkında bilgi sahibi olabilir ve profesyonel piyasa görüşlerine erişebilirsiniz. Kullanıcıların ZETA (ZETA) fiyatı hakkındaki görüşleri aşağıda sunulmaktadır.