> For the complete documentation index, see [llms.txt](https://docs.zeta.markets/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://docs.zeta.markets/welcome.md).

# Welcome to Zeta

<figure><img src="/files/n5gCmMAVkzTUctzJT1u1" alt=""><figcaption></figcaption></figure>

***Disclaimer: Zeta Markets has ceased operating as of May 2025.***&#x20;

Zeta Markets was a decentralised perpetual futures exchange built on the Solana L1. It was a pioneer in on-chain orderbook exchanges facilitating over $15bn in volume. Zeta Markets has since been discontinued and stopped operations. Bullet is a new network purpose-build for trading which extends many of things that Zeta achieved read more about Bullet [here](https://docs.bullet.xyz/) or visit the Bullet [FAQs](https://docs.bullet.xyz/faqs).

**Our Thesis:**

> *Defi is full of slow, clunky and expensive user experiences. We're changing that. Taking the best experiences of centralized trading apps and transferring them on-chain to bring users the benefit of transparency, self-custody, decentralization and community ownership.*

**Our Mission:**

> *To provide crypto traders the most reliable and secure platform to easily take advantage of market volatility.*

**Our Vision:**

> *The power of on-chain trading in the hands of every trader.*

Zeta has been a leading force in the DeFi space since its inception in 2021 and currently offers perpetual swaps trading across a number of popular cryptocurrencies. More info can be found on [Zeta's website](https://www.zeta.markets/).&#x20;

## Key features:

* **Secure**: Full self custody of assets, USDC margined.
* **Capital Efficient**: Up to 20x leverage with cross margin.
* **Price Discovery without Centralization**: Fully on-chain limit orderbook (CLOB).
* **Institutional Liquidity**: Programatic connectivity to our smart contract using our [**SDK / CPI programs**](/build-with-zeta/sdks/typescript-sdk.md) for Market Makers and other integration&#x73;**.**
* **Gamified**: Leaderboard, referrals and trading rewards.

Jump right in at [**dex.zeta.markets**](https://dex.zeta.markets?utm_source=gitbook\&utm_campaign=about\&utm_term=cta)

## **Quick links**

{% content-ref url="/pages/1gsxFQnSrddY2LfRkBmF" %}
[Support](/educational-resources/support.md)
{% endcontent-ref %}

{% content-ref url="/pages/RRCktMZncS6rJwb1V0B4" %}
[Trading Specifications](/zeta-protocol/trading-specifications.md)
{% endcontent-ref %}