What does cash settled mean?
Futures can either be asset settled or cash settled. On expiry, asset settled futures actually exchange the physical underlying (so for a SOL future, 1 Solana is sent from the seller to the buyer of a contract in exchange for the buyer exchanging their trade price).
Cash settled futures however are more simple. On expiry, the difference between a person's trade price and the settlement price is paid out in profit or loss. No physical token trading necessary.
Zeta's futures are cash-settled, and that means Solana DeFi users can gain exposure to tokens which aren't even SPL including ADA, DOT, and more...
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