Zeta Markets To Launch Solana L2 Project Bullet

According to Foresight News, during the Solana Breakpoint conference, Zeta Markets co-founder Tristan Frizza announced that the company is incubating and developing a Solana Layer 2 project named Bullet. The testnet for Bullet is scheduled to be released in the fourth quarter of 2024, providing early access opportunities for ZEX stakers. The mainnet launch is planned for the first quarter of 2025. Bullet is a Rollup that utilizes Solana Layer 1 as the settlement and data availability layer, employing ZK fraud proofs for verifiable on-chain settlement. The first decentralized application (DApp) within the Bullet ecosystem will be the perpetual central limit order book (CLOB) platform, Zeta X.