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Zeta Markets, the premier under-collateralized derivatives platform, announced that it has partnered with Ribbon Finance, the pioneer of DeFi Options Vaults (DOVs). Zeta will serve as the underlying infrastructure for Ribbon and facilitate the development of structured products on Solana. By utilizing Zeta’s industry leading infrastructure, Ribbon will be the first major Ethereum project to launch on the Solana ecosystem. “After launching on mainnet last week we’re excited to announce our partnership with Ribbon to lay the groundwork to facilitate options and derivatives in the Solana ecosystem,” said Tristan Frizza, Core Contributor to Zeta Markets. “We aim to give all of our users a superior experience similar to what they’re used to in the traditional options markets and are pleased to be working alongside the talented team at Ribbon to fulfil their vision of making structured products available to DeFi users around the globe.”
Through this partnership, users of DeFi will be able to leverage Zeta’s infrastructure to earn sustainable yield through Ribbon’s automated options strategies. Option writing strategies have been one of the most lucrative ways to earn yield on digital assets, however crypto options volume as a percentage of spot volume is ~2%; while in the US equity markets options volume as a percentage of spot is ~35X. While demand for these products has been present and is increasing, the infrastructure layer is lagging in comparison which both Ribbon and Zeta hope to address through their partnership. “We’re excited to bring structured products to the Solana ecosystem through our partnership with Zeta Markets,” said  Julian Koh , Co-Founder of Ribbon Finance. “We know that structured products will become an important part of the evolving crypto marketplace which is why we will continue to expand our offering to other blockchain ecosystems.”
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While originally launched on the Ethereum blockchain, expanding to other protocols has been a key part of Ribbon’s mission, most recently expanding to Avalanche in December of last year. Ribbon’s first product focuses on yield through automated options strategies. The protocol also allows developers to create arbitrary structured products by combining various DeFi derivatives. With its move to Solana via its partnership with Zeta, Ribbon cements itself as one of the leading DeFi Options Vault projects in the entire DeFi space, with ~$300m in total value locked at the time of writing. Ribbon uses financial engineering to facilitate the creation of structured products that deliver sustainable yield. “As the crypto options space continues to grow rapidly it’s exciting to see one of the top Ethereum DOVs launch on Solana via Zeta Markets,” said Darius Sit, Managing Partner & Co Founder of QCP Capital. “This is a great development for both Solana and the crypto ecosystem as a whole since protocols like Ribbon and Zeta are the building blocks for a comprehensive DeFi experience.”

Zeta Markets Partners with Ribbon to Bring Structured Products to the Solana Ecosystem

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NEW YORK, Jan. 26, 2022 /PRNewswire/ -- Zeta Markets ("Zeta"), the premier under-collateralized derivatives platform, today announced that it has partnered with Ribbon Finance, the pioneer of DeFi Options Vaults (DOVs). Zeta will serve as the underlying infrastructure for Ribbon and facilitate the development of structured products on Solana. By utilizing Zeta's industry leading infrastructure, Ribbon will be the first major Ethereum project to launch on the Solana ecosystem. "After launching on mainnet last week we're excited to announce our partnership with Ribbon to lay the groundwork to facilitate options and derivatives in the Solana ecosystem," said Tristan Frizza, Core Contributor to Zeta Markets. "We aim to give all of our users a superior experience similar to what they're used to in the traditional options markets and are pleased to be working alongside the talented team at Ribbon to fulfil their vision of making structured products available to DeFi users around the globe." Through this partnership, users of DeFi will be able to leverage Zeta's infrastructure to earn sustainable yield through Ribbon's automated options strategies. Option writing strategies have been one of the most lucrative ways to earn yield on digital assets, however crypto options volume as a percentage of spot volume is ~2%; while in the US equity markets options volume as a percentage of spot is ~35X. While demand for these products has been present and is increasing, the infrastructure layer is lagging in comparison which both Ribbon and Zeta hope to address through their partnership. "We're excited to bring structured products to the Solana ecosystem through our partnership with Zeta Markets," said Julian Koh, Co-Founder of Ribbon Finance. "We know that structured products will become an important part of the evolving crypto marketplace which is why we will continue to expand our offering to other blockchain ecosystems. " 
While originally launched on the Ethereum blockchain, expanding to other protocols has been a key part of Ribbon's mission, most recently expanding to Avalanche in December of last year . Ribbon's first product focuses on yield through automated options strategies. The protocol also allows developers to create arbitrary structured products by combining various DeFi derivatives. With its move to Solana via its partnership with Zeta, Ribbon cements itself as one of the leading DeFi Options Vault projects in the entire DeFi space, with ~$300m in total value locked at the time of writing. Ribbon uses financial engineering to facilitate the creation of structured products that deliver sustainable yield. "As the crypto options space continues to grow rapidly it's exciting to see one of the top Ethereum DOVs launch on Solana via Zeta Markets," said Darius Sit, Managing Partner & Co Founder of QCP Capital. "This is a great development for both Solana and the crypto ecosystem as a whole since protocols like Ribbon and Zeta are the building blocks for a comprehensive DeFi experience. " 
After raising $8.5M at the end of 2021, Zeta Markets launched on the Solana mainnet on January 17 th with a list of features traditionally found on institutional-grade centralized exchanges including, but not limited to; undercollateralized trading, portfolio cross-margin, sub-second mark-to-market updates, instant settlement, as well as an orderbook and matching engine powered by Serum. Trading volume for the first week on the Solana mainnet has surpassed $1.4MM at the time of writing. About Zeta Markets:
Zeta Markets is a decentralized platform built on Solana that facilitates liquid, non-custodial, and under-collateralized derivatives trading. Zeta brings together the best and brightest in the community, with contributors that have operated at the cutting-edge of derivatives markets and the technology industry for years. All this expertise is leveraged to create a sleek and intuitive front-end experience that aims to cater to all levels of trading background. With the recent boom in on-chain derivatives DeFi exchanges, Zeta is perfectly poised to ride the wave of demand for its futures and options offerings. To learn more, please visit: https://zeta.markets/
About Ribbon Finance:
Ribbon Finance is the leading structured products protocol on Ethereum. With over $250m of TVL, Ribbon has sold over $3billion notional of options in the last year through their flagship product — the Theta Vaults. To learn more, please visit: https://www.ribbon.finance/

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Zeta Markets Partners with Ribbon to Bring Structured Products to the Solana ecosystem

01/12/2022 | 08:01am EST
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NEW YORK, Jan. 12, 2022 /PRNewswire/ -- Zeta Markets ("Zeta" or "the Platform"), a cutting-edge decentralized finance (DeFi) derivatives exchange offering features found in traditional finance, today announced that it will go live on the Solana Mainnet at 9 am EST on Monday, January 17, 2022. Zeta offers a list of features traditionally found on institutional-grade centralized exchanges including undercollateralized trading, portfolio cross-margining, sub-second mark-to-market updates, and instant settlement – among others. The Platform's order book and matching engine are powered by Serum, a decentralized exchange and platform that provides the underlying liquidity infrastructure for protocols built on Solana, and has a pricing oracle on the Pyth Network, a next-generation oracle platform designed to provide trusted and verifiable market data to decentralized applications. Tristan Frizza, Core Contributor to Zeta Markets, commented on the news, "We're excited to bring institutional-grade crypto derivatives trading to the masses. By launching on the Solana Mainnet, institutional investors now have access to traditional financial tools, like undercollateralized trading and portfolio cross-margining, in a familiar but decentralized manner. We are thankful for the support we have received from the Zeta community during our testing phase and are looking forward to working alongside them to continue building out Zeta's offerings." Additionally, Zeta has secured strategic partnerships with LedgerPrime and Pattern Research , leading derivatives market-makers in the cryptocurrency space, ensuring day one liquidity for all trades executed on the Platform. Liquidity is an integral part of ensuring exchanges can operate effectively and provide predictability to prices, which is going to prove particularly important as DeFi structured products take off on Solana. Shiliang Tang, Chief Investment Officer of LedgerPrime, added, "The launch of Zeta Markets on Mainnet is a major step forward not only for us, but for the crypto derivative ecosystem. As the crypto trading landscape matures, investors will need sophisticated derivatives products to properly manage their portfolios and will seek out platforms that operate in a familiar manner in order to get comfortable with the concept of DeFi. Zeta's open-source nature allows developers to leverage the platform's native code to enhance their own projects, further facilitating development, growth and innovation on the Solana blockchain." Zeta provides a critical layer of DeFi infrastructure giving developers the resources needed to create successful crypto derivatives products, benefiting the entire DeFi ecosystem. Recently, the Platform launched Zeta FuZe , an open-source code repository that allows anyone to integrate a Solana-based protocol into the Zeta Markets platform, which includes code that is integral to building a DeFi Options Vault from scratch. To use the Zeta Markets platform when it goes live on the Solana Mainnet at 9 am EST on Monday, January 17, 2022, please visit: https://zeta.markets/
About Zeta Markets:
Zeta Markets is a decentralized platform built on Solana that facilitates liquid, non-custodial, and under-collateralized derivatives trading. Zeta brings together the best and brightest in the community, with contributors that have operated at the cutting-edge of derivatives markets and the technology industry for years. All this expertise is leveraged to create a sleek and intuitive front-end experience that aims to cater to all levels of trading background. With the recent boom in on-chain derivatives DeFi exchanges, Zeta is perfectly poised to ride the wave of demand for its futures and options offerings. To learn more, please visit: https://zeta.markets/
CONTACT: Kevin McGrath, kmnewsalerts@gmail.com
SOURCE  Zeta Markets

Solana Derivatives Platform Zeta Markets to Go Live on Solana Mainnet

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NEW YORK, Jan. 12, 2022 /PRNewswire/ -- Zeta Markets ("Zeta" or "the Platform"), a cutting-edge decentralized finance (DeFi) derivatives exchange offering features found in traditional finance, today announced that it will go live on the Solana Mainnet at 9 am EST on Monday, January 17, 2022. Zeta offers a list of features traditionally found on institutional-grade centralized exchanges including undercollateralized trading, portfolio cross-margining, sub-second mark-to-market updates, and instant settlement – among others. The Platform's order book and matching engine are powered by Serum, a decentralized exchange and platform that provides the underlying liquidity infrastructure for protocols built on Solana, and has a pricing oracle on the Pyth Network, a next-generation oracle platform designed to provide trusted and verifiable market data to decentralized applications. Tristan Frizza, Core Contributor to Zeta Markets, commented on the news, "We're excited to bring institutional-grade crypto derivatives trading to the masses. By launching on the Solana Mainnet, institutional investors now have access to traditional financial tools, like undercollateralized trading and portfolio cross-margining, in a familiar but decentralized manner. We are thankful for the support we have received from the Zeta community during our testing phase and are looking forward to working alongside them to continue building out Zeta's offerings." Additionally, Zeta has secured strategic partnerships with LedgerPrime and Pattern Research , leading derivatives market-makers in the cryptocurrency space, ensuring day one liquidity for all trades executed on the Platform. Liquidity is an integral part of ensuring exchanges can operate effectively and provide predictability to prices, which is going to prove particularly important as DeFi structured products take off on Solana. Shiliang Tang, Chief Investment Officer of LedgerPrime, added, "The launch of Zeta Markets on Mainnet is a major step forward not only for us, but for the crypto derivative ecosystem. As the crypto trading landscape matures, investors will need sophisticated derivatives products to properly manage their portfolios and will seek out platforms that operate in a familiar manner in order to get comfortable with the concept of DeFi. Zeta's open-source nature allows developers to leverage the platform's native code to enhance their own projects, further facilitating development, growth and innovation on the Solana blockchain." Zeta provides a critical layer of DeFi infrastructure giving developers the resources needed to create successful crypto derivatives products, benefiting the entire DeFi ecosystem. Recently, the Platform launched Zeta FuZe , an open-source code repository that allows anyone to integrate a Solana-based protocol into the Zeta Markets platform, which includes code that is integral to building a DeFi Options Vault from scratch. To use the Zeta Markets platform when it goes live on the Solana Mainnet at 9 am EST on Monday, January 17, 2022, please visit: https://zeta.markets/
About Zeta Markets:
Zeta Markets is a decentralized platform built on Solana that facilitates liquid, non-custodial, and under-collateralized derivatives trading. Zeta brings together the best and brightest in the community, with contributors that have operated at the cutting-edge of derivatives markets and the technology industry for years. All this expertise is leveraged to create a sleek and intuitive front-end experience that aims to cater to all levels of trading background. With the recent boom in on-chain derivatives DeFi exchanges, Zeta is perfectly poised to ride the wave of demand for its futures and options offerings. To learn more, please visit: https://zeta.markets/
SOURCE Zeta Markets

08:00 ET
Solana Derivatives Platform Zeta Markets to Go Live on Solana Mainnet

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Zeta Markets, a cutting-edge decentralized finance (DeFi) derivatives exchange offering features found in traditional finance, announced that it will go live on the Solana Mainnet. Zeta offers a list of features traditionally found on institutional-grade centralized exchanges including undercollateralized trading, portfolio cross-margining, sub-second mark-to-market updates, and instant settlement – among others. The Platform’s order book and matching engine are powered by Serum, a decentralized exchange and platform that provides the underlying liquidity infrastructure for protocols built on Solana, and has a pricing oracle on the Pyth Network, a next-generation oracle platform designed to provide trusted and verifiable market data to decentralized applications. Tristan Frizza, Core Contributor to Zeta Markets, commented on the news, “We’re excited to bring institutional-grade crypto derivatives trading to the masses. By launching on the Solana Mainnet, institutional investors now have access to traditional financial tools, like undercollateralized trading and portfolio cross-margining, in a familiar but decentralized manner. We are thankful for the support we have received from the Zeta community during our testing phase and are looking forward to working alongside them to continue building out Zeta’s offerings.”
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Additionally, Zeta has secured strategic partnerships with LedgerPrime and Pattern Research, leading derivatives market-makers in the cryptocurrency space, ensuring day one liquidity for all trades executed on the Platform. Liquidity is an integral part of ensuring exchanges can operate effectively and provide predictability to prices, which is going to prove particularly important as DeFi structured products take off on Solana. Shiliang Tang , Chief Investment Officer of LedgerPrime, added, “The launch of Zeta Markets on Mainnet is a major step forward not only for us, but for the crypto derivative ecosystem. As the crypto trading landscape matures, investors will need sophisticated derivatives products to properly manage their portfolios and will seek out platforms that operate in a familiar manner in order to get comfortable with the concept of DeFi. Zeta’s open-source nature allows developers to leverage the platform’s native code to enhance their own projects, further facilitating development, growth and innovation on the Solana blockchain.”
Zeta provides a critical layer of DeFi infrastructure giving developers the resources needed to create successful crypto derivatives products, benefiting the entire DeFi ecosystem. Recently, the Platform launched Zeta FuZe, an open-source code repository that allows anyone to integrate a Solana-based protocol into the Zeta Markets platform, which includes code that is integral to building a DeFi Options Vault from scratch.

Solana is a software and business service company dedicated to helping organizations in the human services industry.On October 12, 2020 Solana was acquired by Sandata. The terms of the transaction were not disclosed.

Solana

Through this partnership , users of DeFi will be able to leverage Zeta Markets 's infrastructure to earn sustainable yield through Ribbon 's automated options strategies .

Ribbon develops social commerce platforms. Users sell and distribute products through their individual social networks and across the Internet.

Ribbon

Zeta Markets is a decentralized platform built on Solana that facilitates liquid, non-custodial, and under-collateralized derivatives trading.

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