Confidentia: Zeta Markets Shows You the Alpha and Omega

Pyth Network
2 min readAug 11, 2022


Cōnfīdentia (n.): Assurance, Confidence, Boldness

There’s no network like the Pyth network. Pyth unlocks some of the best data for pioneers, innovators, and thought leaders building on-chain and off-chain. It’s our pleasure to support and build alongside so many talented teams and to highlight their newest launches and debuts.

This week, we’re joined by Zeta Markets, the premier under-collateralized DeFi derivatives platform and 2021 Solana Season Hackathon winner.

Today, Zeta gives us a glimpse into some upcoming features — both some alpha and the omega…

What is Zeta Markets?

Zeta Markets the premier under-collateralized DeFi derivatives platform, providing liquid derivatives trading to individuals and institutions alike.

Zeta’s mission is to democratise derivatives, allowing anyone and everyone to put their hard-earned money to work by hedging, speculating, or otherwise taking opinions on a limitless variety of market movements.

Zeta FLEX is our options minting and auctioning infra-layer for DeFi enabling any protocol to leverage options. FLEX is already used by Katana, Ribbon Finance and Exotic Markets.

Zeta x Pyth

Pyth provides per slot asset price updates for Zeta’s DEX. Up-to-date, low-latency pricing helps us ensure that our on-chain pricing is accurate and that our platform security mechanisms can function as expected (margining system and liquidations).

We also leverage Pyth prices to provide us with settlement prices for our DEX and FLEX options contract expiries for determining payouts and losses for our users.

New Underlyings, New Referrals, New…

In the immediate term, we’re shipping Bitcoin and Ethereum assets to DEX — both Options and Futures!

We’re excited as we’re able to scale to more assets with ease once those have been rolled out. Along with this, we’re kicking off our Referral program with very generous rewards (earn 50% off referred users fees!).

Finally, we’re building out trading for one of crypto’s most popular derivatives products… Stay tuned for more news on this coming very soon!

How can people get involved?

Hop in the Discord and check out our on-going competitions! We’ve given out over $10K in prizes over the past 10 weeks!

We can’t wait to hear what you think! Feel free to join the Pyth Discord, follow Pyth on Twitter, and join the Telegram to learn more and ask any questions you may have. You can also learn more here.



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