According to Foresight News, at the Solana Breakpoint conference, Zeta Markets co-founder Tristan Frizza said that Zeta Markets is incubating and developing the Solana L2 project Bullet, and will release a testnet in the fourth quarter of 2024, when ZEX stakers will have early access opportunities.
The Bullet mainnet will be released in the first quarter of 2025. Bullet is a Rollup 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.
