Trading Specifications

Zeta has implemented fee tiers, offering lower fees for high volume traders.

Based on their rolling 30-day volume, traders can now reduce Zeta's standard fee of 2 bps on maker trades and 10 bps on taker trades by up to 50%, as detailed in the following table.

In addition, traders are also eligible to fee tier qualification based on their gZEX holdings at the time of trade. Traders will be qualified based on either Volume or gZEX holdings, whichever gives them the higher fee tier. (e.g. holding 15,000 gZEX will qualify trader for fee tier 2 even if the trading volume is < $100,000)

To enhance the trading experience and optimise for market activity, from Nov 2024 we will begin delisting markets that show consistently low trading volumes over a consecutive three-month period. This approach ensures that we maintain an engaging selection of tokens, reduce inactive listings, and allow market makers to concentrate their liquidity on the assets users actively trade.

When a delisting occurs, any open perps positions in the asset will be force-settled at its mark price at the time of delisting, and user margin accounts will be updated accordingly. After this process is complete, no positions in the delisted asset will remain.

We will notify users of any upcoming delistings one week in advance through UI notifications and announcements on our Telegram and Discord channels. We encourage users to close any positions in delisted assets and consider migrating the position to an alternative venue if they wish to maintain exposure to the delisted asset.