Dear CoinEx Users,
Pre-token Trading is an innovative service that enables pre-minting (creating), trading, and delivering PreTokens by staking assets. CoinEx Pre-Token Trading will launch PRE_ZAMA (PRE_ZAMA) on Jan 16, 2026. Details are as follows:
New PreToken
1. Name: PRE_ZAMA
2. Time: 09:00, Jan 16, 2026 (UTC)
3. Services: Pre-minting, Spot Trading
Access
1. Web: Navigation Bar - Spot - Pre-Token Trading
2. App: CoinEx App Homepage - More - Pre-Token Trading
About PRE_ZAMA
The Zama Protocol is not a new L1 or L2, but rather a cross-chain confidentiality layer sitting on top of existing chains. As such, users don’t need to bridge to a new chain and can interact with confidential dapps from wherever they choose. It leverages Zama’s state-of-the-art Fully Homomorphic Encryption (FHE) technology, which enables computing directly on encrypted data.
PRE_ZAMA is a PreToken under Pre-Token Trading for predicting the spot price of ZAMA, which will fluctuate based on market expectations of ZAMA's price movements following its listing on the Spot market. By pre-minting and trading PRE_ZAMA, users can predict the price movements of ZAMA following its listing on the spot market. The trading price of PRE_ZAMA does not directly affect the price of ZAMA, both are a reflection of market expectations.
About ZAMA
1. Total Supply: 11,000,000,000
2. Team Introduction:
Rand Hindi - CEO & Co-founder
https://www.linkedin.com/in/randhindi
Pascal Paillier：CTO & Co-founder
3. Investors: The project has secured investments from institutions such as Pantera Capital, Multicoin, and Blockchange Ventures, with cumulative funding totaling approximately $130 million. The valuation in the latest funding round has reached $1 billion.
How to Participate
1. If you assume the ZAMA spot price may go up after its listing on the Spot market, you can purchase PreTokens in the trading market and ZAMA until delivery, at which time the delivery rule is only applicable to position delivery.
- Final Profit = Position delivery amount* - Purchase cost
Position delivery amount = Held quantity * Delivery price - Delivery fee
2. If you assume the ZAMA spot price may go down after its listing on the Spot market, you may need to first pre-mint PreTokens, sell them in the trading market, and wait for delivery. In this case, your PreTokens will apply to both position delivery and pre-minting delivery.
- Final Profit = Pre-minting delivery amount* + Position delivery amount* + Revenue from selling - Collateral cost
Pre-minting delivery amount = Staked amount - Final pre-minted quantity * Delivery price - Delivery fee
Position delivery amount = Held quantity * Delivery price - Delivery fee
Please note that the price of PRE_ZAMA is a reflection of market expectations and can be highly volatile. Please carefully evaluate your risk tolerance before participating.
PreToken Info
1. Name: PRE_ZAMA
2. Ticker: PRE_ZAMA
3. Pre-minting time: 09:00 Jan 16, 2026 (UTC)
4. Pre-minting price: 0.25 USDT
Trading Info
1. Trading Start: 09:30 Jan 16, 2026 (UTC)
2. Trading Pair: PRE_ZAMA/USDT
3. Opening Method: Call Auction
(1) Call Auction
09:30 - 09:50, Jan 16, 2026 (UTC): Orders can be placed and canceled
09:50 - 10:00, Jan 16, 2026 (UTC): Orders can be placed but not canceled
(2) Trading
10:00 Jan 16, 2026 (UTC): Trading available
AMM: PRE_ZAMA supports AMM, allowing any CoinEx user to become a market maker by providing liquidity and earn 50% of trading fees of the market, calculated on a daily basis. Learn more about AMM >>
Delivery Info
1. Delivery time: The delivery will occur 4 hours after ZAMA is listed on the spot market. The delivery schedule may be adjusted if there are any changes to the listing time.
2. Delivery price: The delivery price is determined by calculating the average of 1-min candlestick closing price during the hour before delivery. CoinEx may adjust the final delivery price if any market manipulation is detected during the price calculation period. If the delivery price is calculated higher than 0.25 USDT, the delivery is capped at 0.25 USDT.
Fees
1. Redeeming Fee: 2%
2. Delivery Fee: 1%
3. Trading Fee: 0.3%
More Info
Risk Warning
Please ensure you fully understand the rules and the project of Pre-Token Trading before participating. Pre-Token Trading is highly speculative with significant price volatility and investment risks. We encourage you to make informed investment decisions based on your understanding of cryptocurrency and careful assessment of your investment capacity.
CoinEx Team
Jan 16, 2026