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How to Trade Perpetuals on the Zeta Markets v2 Orderbook

This is a technical guide on how to trade on Zeta Markets, the premier derivatives platform on the Zeta Markets Solana DEX. We will focus on placing a trade using the Zeta Markets Orderbook.

Step 1: Connecting to the Zeta Markets Platform

Navigate to the Zeta Markets Official dApp. Connect your Solana wallet (e.g., Phantom). You will need SOL for gas fees and USDC for collateral. Thanks to Solana, you will benefit from Zeta Markets low fees.

Step 2: Understanding the Orderbook Interface

Unlike AMMs, Zeta uses a central limit order book (CLOB), which should feel familiar to CEX traders.

The center column shows the live price.

The left (red) shows sell orders (asks).

The right (green) shows buy orders (bids).
This real-time Zeta Markets Orderbook allows you to place limit orders at specific prices.

Step 3: Placing a Leveraged Trade

Select the market for Zeta Markets perpetuals you wish to trade (e.g., SOL-PERP).

Choose your order type (Market, Limit, etc.).

Set your leverage.

Enter the size of your position.

Click "Place Order" and sign the transaction.

Your position is now live. Your activity will automatically earn rewards for the Zeta Points Program. For a full architectural overview, see the Full Official Documentation.

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