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The Zen Group Telegram Mini Exchange

Trade without leaving Telegram.

P2P liquidity and perpetual markets in one Telegram-native exchange experience, with fees, risk, and transaction state kept visible.

The Mini App is already reachable at @zenexchangebot . Public trading claims stay gated until the release certificate is signed, and product availability is enforced by region inside Telegram.

Perpetual contracts involve leverage and can cause rapid loss, including full loss of margin. Availability varies by region.

ZenXTel
Demo
Buy USDT Region gated
Offer Seller · 4.9 ★ · 128 trades
Rate 1.000 USDT
Payment window 15:00
Escrow Locked on order
Buyer fee Published on /pricing

Fiat moves directly between participants. Zen never holds your local currency.

P2P offer view. Illustrative interface using demo data; not a live market view.

One canonical product

ZenXTel is the Zen Group Telegram Mini Exchange. ZenTel and Zen Telegram Mini Exchange are explanatory aliases, not competing brands.

Two product paths

P2P exchange and perpetual markets. Not a supermarket aisle of crypto features, and not a chat bot bolted onto an exchange.

One fee schedule

Charges are published in one place with an effective date. Rates switch on only after deployed quote-to-charge tests pass.

No user count, trading volume, uptime figure or customer logo appears on this site until it has dated evidence and written consent behind it.

Choose your path

Two ways to use ZenXTel

Pick the job you actually have. Your choice is carried through every link, form and Telegram handoff from here on.

P2P exchange, inside the conversation.

Who it is for
People buying or selling USDT against a local payment method.
How funds move
Seller USDT is locked in escrow. Fiat moves directly between the two participants, outside Zen systems. USDT releases when the release condition is met.
The main risk
A payment dispute. Reversible payment methods, off-platform pressure and impersonation are where P2P losses actually happen.

Perpetual markets with risk shown before action.

Who it is for
Traders who already understand leverage and want price exposure.
How funds move
Collateral backs a position against a pool. Funding and fees settle continuously against notional, not against your collateral balance.
The main risk
Liquidation. Leverage can remove your margin quickly, and a full loss of margin is a normal outcome, not an edge case.

The journey

From Telegram to action

Four steps. What the last step does depends on the product state where you are, which is why the availability matrix is the authority and this page is not.

  1. 01

    Open

    Reach ZenXTel from inside Telegram. No separate app store journey is part of the design.

  2. 02

    Choose product

    P2P exchange or perpetual markets. The interface commits to one decision per screen.

  3. 03

    Fund or connect

    Use the built-in wallet, or an external wallet where that path has been released.

    Planned
  4. 04

    Trade and track

    Every action shows the fee quote, the state it produces, and where to look when something goes wrong.

Gated - evidence incomplete Onboarding wording is held until the released Telegram session model and wallet decision are verified on the deployed build.

Control model

Built for control that remains meaningful when systems fail.

Security claims should survive failure, not merely normal operation. Everything below carries the status it has actually earned.

In review

Built-in wallet

An account-abstraction wallet with recovery. The wallet decision between reusing Zen Wallet and a revised in-app account is not closed, so this is described as architecture, not as a shipped guarantee.
Planned

External wallet connect

WalletConnect and TON Connect are specified and unbuilt. Treat as planned until the decision, implementation and per-chain tests pass.
In review

P2P escrow

Locks seller USDT for the duration of a trade and governs release, timeout and dispute. Re-audit and per-chain release tests are outstanding.
In review

Session controls

Scoped, expiring authority for in-session actions, so a session key cannot become a standing mandate over your funds.
Planned

Escape hatch

A user-executable exit path that does not depend on Zen infrastructure being healthy, and that a paymaster failure cannot block.
Planned

Authority limits

The target model is that no single Zen key can move or freeze user funds. Until the authority matrix is published with evidence, that is a design intent.

Why you will not see the phrase non-custodial here

Perpetual collateral remains custodial until assurance work completes, and a blanket non-custodial claim across every product and chain would be false today. We publish phase-specific control language instead. Read the full custody position .

Interface

One visible path from access to settlement.

These are design compositions using demo data. They are labelled as demos on every frame because an interface screenshot is not evidence of a released market.

P2P marketplace
Demo
Buy USDT 12 offers
Best rate 1.000
Payment methods Region controlled
Escrow Enabled
Offer list. Illustrative interface using demo data; not a live market view.
Trade room
Demo
State Awaiting payment
Time left 12:41
Seller USDT In escrow
Dispute Available after window
Active P2P trade. Illustrative interface using demo data; not a live market view.
Perps position
Demo
Direction Long
Notional Set at entry
Liquidation Shown before confirm
Fee quote Shown before confirm
Position detail. Illustrative interface using demo data; not a live market view.

Pricing

A complete fee schedule, not an archaeological dig.

One page carries every charge, with a version and an effective date. The application reads the same configuration source, so the page and the product cannot drift apart quietly.

Deposits are free

Receiving into your ZenXTel wallet does not carry a Zen charge.

Withdrawals cost network fees

You pay what the chain costs. Zen does not mark up gas as a hidden revenue line.

Funding is not Zen revenue

Perpetual funding moves between traders. It is a market mechanism, not a fee we collect.

No account, subscription or inactivity fees

Approved as policy. Published as a rate only when deployed configuration confirms it.

Approved, pending deployed-config check Exact rates are approved commercially but are not published here until quote-to-charge, rounding and cross-chain tests pass on the deployed build.

Ecosystem

What ZenXTel connects to

Each entry carries the status it has earned on the deployed build. Where a chain or provider is not live, it says so rather than implying parity.

Live

Telegram

The interface and the access route. The Mini App is reachable today.

In review

Zen Wallet

Reuse decision open. Described as architecture until it closes.

Planned

TON

In the architecture. Perps on EVM precede TON perps.

Planned

Ethereum

EVM-first implementation path; ETH is the launch target.

Planned

BNB Chain

In the architecture. Settling asset and rounding rule to be confirmed.

Planned

Polygon

In the architecture. Not published as available.

Planned

WalletConnect / TON Connect

Specified, subject to a phase decision.

In review

Oracle and collateral assets

Staleness and deviation breaks are part of the risk-control design.

The availability matrix is the authority for what is actually usable where. This grid is an architecture summary.

Evidence

Proof earns trust. Badges do not.

Below is the honest state of our assurance work. Where an artefact does not exist yet, the row says so. We would rather show an empty column than a decorative shield.

Planned

Independent audit

Scope not yet published. No audit logo will appear here before a report with a date, a scope and a findings status exists.

Planned

Formal verification

Specified for the contracts governing custody and escrow release.

Planned

Public testnet

A prerequisite for any non-custodial claim, not a marketing milestone.

Planned

Bug bounty

Programme scope and reward table to be published with the disclosure policy.

Planned

Proof of reserves

Required before any statement about pool capital or user balances.

In review

Status and incidents

The site and the app will share one status source and the same incident identifiers.

Telegram is already open. Your exchange should be one tap away.

Join the controlled early-access path today, or open ZenXTel when trading access is cleared for your region.

The Mini App is reachable now at @zenexchangebot . Feature availability is enforced by region inside Telegram, and public trading claims remain gated until the release certificate is signed.