❓FAQ

Frequently asked questions from users

1. What is Zona?

Zona is a perpetual exchange built on Plume Network that allows you to speculate on or hedge your quality of life via our proprietary housing price and air quality indexes.

2. What cities does Zona support?

We currently support the trading of Hong Kong, Singapore, Dubai, London, Sydney, Melbourne, Adelaide, and Taipei. We aim to support Tokyo, Seoul, Beijing, Shanghai, Bangkok, and Delhi shortly and will integrate additional markets based on user demand and data availability.

3. Can I trade districts within a city?

Yes, supporting districts (or sub-markets) is on our roadmap. This would allow users to, for example, long Manhattan / short Long Island within New York City. Sub-markets will be integrated based on user demand.

4. How often are Zona's city indexes updated?

Zona indexes are updated onchain once an hour.

5. Why is trading real estate perpetuals better than buying fractional real estate?

Perpetuals allow traders to access higher leverage and go both long or short. Additionally, fractional real estate requires a centralized party to seek out and purchase a piece of physical real estate. If that single flat/building/district performs poorly while the rest of the city performs well, users still lose money.

6. Why should I care about air quality?

Some studies estimate that Delhi residents can lose up to 12 years in life expectancy simply due to prolonged exposure to air pollution. For those without a choice to move away, hedging their health with Zona represents the best form of protection.

7. What are the fees for trading on Zona?

Traders pay between 0.05% - 0.15% of the total notional position size as a trading fee whenever a position is opened, closed, or liquidated. The trading fee is adjusted depending on whether the trader adds to or minimizes open interest skew. 70% of all fees are accrued by Zona liquidity providers.