Margin Accounts

The margin account is the sole account that tracks all of a user's state across a particular underlying asset (or Zeta Group). Note: This means that for each underlying asset (for example SOL and BTC) a user will have separate margin accounts.
This account stores all the necessary details for the user state bookkeeping including:
  • Balance
  • Open orders
  • Positions
  • Cost of trades
  • Trading fees
A user margin account is atomically created on deposit of USDC to the platform.
Due to the number of markets we support and will look to expand to in the future (currently 46), the rent exemption is about ~0.044 SOL for this account.
This is a one time cost per underlying asset being traded.