Zeta Markets founder: DEX is becoming the preferred platform for emerging digital assets

According to the news from TechFlow on December 16th, Tristan Frizza, the founder of Zeta Markets, a derivatives trading platform in the Solana ecosystem, recently stated that meme coins are driving the development of the Solana ecosystem, currently accounting for 40% of its volume. These assets mainly circulate in the Decentralized Finance (DeFi) ecosystem and rarely enter centralized exchanges (CEX).

Frizza points out that Decentralized Finance platforms have significant advantages over traditional exchanges: faster listing speed, higher liquidity, and a more democratic token development path. Zeta Markets ensures an adequate liquidity on the platform through order book model and collaboration with professional market makers. The platform is about to launch Zeta X on Bullet, Solana’s first rollup solution, to provide a faster and more efficient trading experience.

Looking ahead to the next five years, Frizza expects DEX to play a more important role in the financial field as Web3 technology advances and performance gaps narrow. Zeta Markets plans to compete directly with traditional centralized exchanges by improving user experience through features such as fiat currency deposits and wallet abstraction.