Keel vs Zeta Markets

Overview

Keel Keel is the Solana-native capital allocation arm of Sky, the protocol formerly known as MakerDAO. It is mandated to deploy up to $2.5 billion in USDS reserves across Solana DeFi protocols and tokenize... Zeta Markets Zeta Markets is a decentralized derivatives exchange on Solana offering perpetual futures and options trading with on-chain order books. It provides advanced trading tools for derivatives traders who...

Community Ratings

Zeta Markets is rated higher by the MadeOnSol community with 4.7/5 stars across 3 reviews, compared to 4.5/5 for Keel (2 reviews). That said, ratings only tell part of the story — what matters most is which tool fits your specific workflow.

Pricing & Value

Keel uses a free model, while Zeta Markets is free — No platform fee. Trading fees: maker -0.01% (rebate), taker 0.05%. Fees reduced at higher volume tiers.. Both tools are free, so cost isn't a deciding factor — focus on features and reliability instead.

Key Features

Keel offers 5 features including Solana-native capital allocation arm of Sky (formerly MakerDAO), Mandate to deploy up to $2.5 billion in USDS reserves, Allocation across Solana DeFi protocols and tokenized RWA markets, and 2 more. Zeta Markets counters with 8 features including On-chain central limit order book for perpetual futures, Cross-margin system for portfolio-level capital efficiency, Limit orders, stop-losses, and take-profit at protocol level, and 5 more. The right choice depends on which specific features matter for your use case — check the individual review pages for full breakdowns.

Reliability & Health

We monitor both tools around the clock for uptime, SSL validity, and response times. Keel currently has a unhealthy health status. Zeta Markets is rated healthy with 100.0% uptime. For any tool you trust with your funds, trades, or yield, uptime and speed are non-negotiable.

Strengths

Keel's key strengths include brings institutional-scale capital into solana defi, backed by sky, one of defi's most established protocols, can deepen liquidity across lending, stablecoin, and rwa markets.