Will Zeta Markets Be Solana's First L2?

Tristan Frizza is the CoFounder of Zeta Markets. In this episode, we cover the development of Zeta Markets, a top derivatives trading app on Solana and what promises to be Solana's first L2. Tristan shares why it makes sense to build Zeta on Solana's first L2, how Zeta differentiates as a perps trading protocol, and what’s next with the upcoming airdrop and launch of their Z token. ------ 🔗 Essential Show Links 🔗 ► Youtube: https://youtube.com/@defidad ► Apple: https://tinyurl.com/edgepod ► Spotify: https://tinyurl.com/edgepodspotify ► Linktree: https://linktr.ee/edge_pod ► Follow DeFi Dad: https://twitter.com/DeFi_Dad ► Follow Nomatic: https://twitter.com/Nomaticcap ► Learn about DeFi and Web3: http://defidad.com/ ------ The Edge Podcast Sponsor Resources ☀️ SUMMER.FI | THE BEST PLACE TO BORROW AND EARN IN DEFI 🚀 FLAT MONEY | NEW FLATCOIN AND DELTA-NEUTRAL MARKETPLACE BACKED BY RETH 💧 INSTADAPP | THE MOST CAPITAL EFFICIENT LENDING AND BORROWING POWERED BY FLUID 🧑‍🌾 MANTLE | THE ETHEREUM L2 FOR TOP NATIVE YIELDS 🍵 MATCHA | THE BEST PRICE ON OVER 5 MILLION TOKENS 🔵 BLUEBERRY | THE DEFI PRIME BROKERAGE ------ Timestamps 0:00 - Intro 4:27 - Background and founding Zeta 10:27 - What is Zeta Markets? 13:56 - CLOB vs AMM model 15:40 - Congestion issues on Solana 27:31 - Blueberry mid-roll 28:00 - Why build an L2 for Solana? 34:58 - Added costs of an L2 39:28 - Risks to listing memecoins 44:19 - Getting started trading on Zeta 45:12 - Leverage on Zeta 45:28 - Order types supported 45:51 - Possible future vaults for LPs 47:30 - Z token utility and airdrop 51:12 - Closing ------ 🔗 Guest Links 🔗 ► Zeta Markets Website: https://zeta.markets/ ► Zeta Markets on Twitter: https://x.com/zetamarkets ► Tristan on Twitter: https://x.com/Tristan0x ► Z Token Launch Info: https://token.zeta.markets/ ------ If you're a DeFi/Web3 builder, contact our team at: https://fourthrevolution.capital/ All opinions expressed by hosts and podcast guests are solely their own opinions and not necessarily those of Fourth Revolution Capital. Podcast guests and 4RC may have positions in the assets or other matters discussed in this podcast. This podcast is for informational purposes only and should not be relied upon as a basis for investment decisions. Do your own research. This is not a recommendation or endorsement to buy any token(s) related to any platform(s) discussed.