- The emerging popularity of Solana’s Perpetual DEX, Zeta Markets, has captured significant attention in the crypto community.
- Following its much-anticipated airdrop plans, the DEX launched an Initial Exchange Offering (IEO) and secured major listings for its token, ZEX.
- This series of strategic movements has placed Zeta Markets in the spotlight, drawing considerable interest across the broader crypto market.
Discover the latest developments with Zeta Markets and the ZEX token, including an upcoming airdrop, ongoing IEO, and prominent exchange listings.
ZEX Airdrop Initiative by Solana-based Zeta Markets
Zeta Markets has unveiled plans for an upcoming ZEX token airdrop, generating substantial excitement among early adopters. Eligible stakers will receive 2% of the generated tokens 28 days post-distribution, contingent on their staked amounts and duration. Recipients have a 90-day window to claim their airdrop tokens, with ZEX poised to serve essential functions within the Zeta ecosystem, such as governance and staking incentives. The project employs a vote-escrow model, encouraging long-term commitment by enabling token holders to lock their ZEX tokens to boost voting power.
In-depth Look at the ZEX Token Airdrop
The ZEX token distribution plan sets aside 30% of the total supply for ongoing trading incentives, distributed to Zeta investors in four-week intervals. The inaugural “Genesis Epoch” is slated to conclude by July 25th, with the project additionally gearing up to disburse 8 million ZEX tokens as trading rewards.
Launched in 2021, Zeta Markets has swiftly risen to prominence. According to data from DeFiLlama, Zeta boasts a total locked value of $16.8 million, establishing itself as one of Solana’s leading derivative exchanges. The platform attracts over 125,000 active users monthly, facilitating more than $10 billion in cumulative trading volume.
Key ZEX Token Listings
Prominent cryptocurrency exchanges across the globe have announced support for ZEX token listings. KuCoin, BitMart, and ByBit have rolled out plans to facilitate trading pairs and open deposits, marking a significant milestone for the Solana-based ZEX token. KuCoin has confirmed the launch of the ZEX/USDT trading pair, kicking off transactions on June 27 at 13:00 UTC, with BitMart and ByBit adopting similar timelines.
Conclusion
Zeta Markets’ strategic initiatives, from the airdrop to major exchange listings, underscore its growing influence in the crypto sphere. Enthusiasts and investors alike should keep a close watch on ZEX developments, as these moves signal promising opportunities within the expanding Solana ecosystem.
