Zeta Markets to launch Solana L2 project Bullet, to be launched on testnet in Q4
According to Odaily, at the Solana Breakpoint conference, Tristan Frizza, the co-founder of Zeta Markets, stated that Zeta Markets is incubating and developing the Solana L2 project Bullet, which will release the testnet in the fourth quarter of 2024, at which time ZEX stakers will have early access opportunities. The Bullet mainnet will be released in the first quarter of 2025. It is understood that Bullet is a Rollup, using Solana L1 as the settlement layer and data availability layer, and using ZK fraud proofs for verifiable on-chain settlement. The first DApp in the Bullet ecosystem is the perpetual CLOB platform Zeta X.