💱Trading Rewards Program

Earn $ZEX by trading on Zeta

Zeta’s trading rewards program aims to incentivize trading on the protocol to stimulate platform growth. The rewards are distributed in the form of $ZEX token. They are distributed to the traders based on their total epoch Z-Scores at the end of each epoch.

Z-Score

Z-Score is the scoring system used to determine trading rewards allocation on Zeta. Users can earn Z-Score by trading on Zeta. Z-Scores are updated in real-time as trades take place.

Starting from Trading Epoch 6, the Z-Score earned from a trade is calculated as follows:

Order Type	$ Volume	Z-Score
Maker	5	1
Taker	1	1

Note: Maker volume for Market Makers eligible for Maker Rewards Program will not be eligible for Z-Score

Epoch Schedules

Rewards are distributed to traders based on their total Z-Scores earned in epochs. Each epoch (except the Genesis Epoch) lasts 28 days. Epochs start at 10:00:00 UTC of the starting date, and ends at 09:59:59 UTC on the 28th day.

The $ZEX rewards pool for each epoch will be announced before the epoch begins.

Epoch	Starting Date
Genesis	07 June 2024
1	25 July 2024
2	22 August 2024
3	19 September 2024
4	17 October 2024
5	14 November 2024
6	12 December 2024
7	09 January 2025
8	06 February 2025
9	06 March 2025

Reward Distribution Formula

In each epoch, traders’ rewards will be calculated as follows:

$$r=R \times \dfrac{zscore}{\sum_{n}zscore_n}$$

where R is the total rewards pool allocated for the epoch in $ZEX, and r refers to the rewards allocated to a specific trader.

Traders will not be able to see their rewards before an epoch concludes. As rewards are in the form of $ZEX tokens, traders will be able to claim them in full, once it is available for claiming.

Rewards are calculated once the epoch ends. After which, a small window of time (1-2 days) may be required to finalize the rewards, before it becomes available for claiming.