Zeta Markets announced on the X platform that it will soon launch its native token Z, which has utility including governance, staking and incentives. The total supply of Z is 1 billion, of which 10% will be used for airdrops to reward Zeta users and strategic communities on Solana, and 30% will be used for incentives.
In addition, the second season of Z-Score will last until the launch of Z, and there is no snapshot yet.
According to reports, Z aims to promote the governance and protocol growth of Zeta Markets. Zeta Markets is a perpetual contract trading platform on the Solana chain, with 71,600 active users per month and a trading volume of US$4 billion.