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Does Solana need an L2 chain? Zeta Markets thinks so

Zeta Markets wants to make the blockchain's DeFi even faster by creating a layer-2 chain on top of Solana

Author

Jacquelyn Melinek
October 31, 2024

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For this week’s Tuesday episode, we’re sharing my interview with Tristan Frizza, founder of Zeta Markets.

We talk about what traders want more of on DeFi trading platforms, why Zeta is building a layer-2 on top of Solana, how it will scale the network and more.

Solana is inherently fast and many argue that there’s no need for an L2 on top of it. But Tristan, who has been in the Solana ecosystem since its early days, is challenging that notion, in pursuit of making DeFi even faster onchain.

This conversation is a great listen for the average crypto retail investor, degen traders, institutions eyeing DeFi and more. Hope you enjoy!

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Money and people moves

Top 3 highlights focused on crypto startups that secured funding or industry players who are moving on to something new.

  1. dYdX CEO announces over one-third of team laid off as company plans to go back to “startup mode”

  2. Jacob Van joins Ava Labs to help with its DeFi growth

  3. Kraken Lays Off 15% of Workers and Names Arjun Sethi New Co-CEO (NYT)

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Please note that this content is for informational and entertainment purposes only. Any views shared should not be considered financial advice, nor should it be used to make investment decisions. Cryptocurrencies are high risk and you should consult a financial professional before making any financial decisions. Make sure you do your own research. We may have a direct or indirect financial interest in content mentioned in this newsletter.