Cointelegraph X Spaces featured Zaros co-founders discussing their DEX’s innovative features, strategic partnerships, and decentralized governance plans.
The most recent Cointelegraph X Spaces session was centered around Zaros, a decentralized exchange (DEX) that specializes in perpetual futures and is a participant in the Cointelegraph Accelerator.
The strategic partnerships, plans for decentralized governance, and unique features of Zaros for traders and liquidity providers were discussed by co-founders Guilherme Bettanin and Pedro Bergamini.
Zaros is a perpetual DEX that is compatible with the Ethereum Virtual Machine (EVM) and enables leveraged trading in a variety of markets, such as crypto, forex, and commodities.
Holders of liquid staking tokens (LSTs) and liquid restaking tokens (LRTs) can lend their liquidity to support perpetual markets by integrating liquid staking with perpetual futures on the Arbitrum-based platform.
Bettanin commented, “Our primary objective from the outset has been to simulate the experience of trading on a centralized exchange (CEX).”
This statement was made in response to the prevalent usability and complexity issues that are commonly associated with DEX platforms.
Several user-friendly features were incorporated by Zaros to accomplish this objective.
These consist of a user-friendly interface and user experience, the ability to access long-tail assets, and the ability to log in using either an Apple ID or an email address.
Furthermore, a sub-account system is implemented to facilitate isolated margin trading.
By default, Zaros’ trading account system includes cross-margining, which allows users to manage risk profiles and utilize a variety of collateral, including Lido Staked ETH (StETH) and wstETH as collateral.
This design enables users to earn interest on staked assets and hedge their positions, a feature that is frequently unavailable on other DEXs and some CEXs. It also supports intricate trading strategies.
“Zaros is actually composed of two products,” Bergamini clarified.
“The first is a perpetual trading engine already live on a testnet. The second, which is still under development, is a market-making engine designed to incentivize liquidity providers with trading fees.”
Zaros’ dual strategy grants traders access to numerous critical capabilities. Users can transfer assets from Ethereum to Arbitrum, the blockchain on which Zaros operates.
The platform facilitates leverage by establishing a predetermined loan-to-value ratio that is contingent upon the type of collateral.
Users are guaranteed competitive quotes by aggregating median price data feeds from key CEXs.
