According to Techub News, derivatives protocol Zeta Markets tweeted that it plans to launch Zeta X, a decentralized derivatives trading Layer2 built for Solana, on the mainnet in the first quarter of 2025, and released a white paper. Zeta X will use Solana's Layer1 for data availability and settlement, while processing execution through an off-chain zkVM-compatible matching engine. Zeta Markets' newly launched token ZEX will also serve as the native token of Zeta X.
