According to ChainCatcher, at the Solana Breakpoint conference, Zeta Markets co-founder Tristan Frizza shared an exciting news: Zeta Markets is incubating and developing the Solana L2 project Bullet. 🎉

Bullet plans to release a testnet in the fourth quarter of 2024, when ZEX stakers will have the opportunity for early access. The mainnet is expected to be launched in the first quarter of 2025. Bullet is a Rollup project that uses Solana L1 as a settlement layer and data availability layer, and uses ZK fraud proofs for verifiable on-chain settlement.

The first DApp in the Bullet ecosystem is the perpetual CLOB platform Zeta X. Looking forward to more innovation and development in the future! 🚀