Zeta Markets will launch the Solana L2 project Bullet

ChainCatcher news, at the Solana Breakpoint conference, Zeta Markets co-founder Tristan Frizza stated that Zeta Markets is incubating and developing the Solana L2 project Bullet, which will launch its testnet in Q4 2024, at which time ZEX stakers will have early access. The Bullet mainnet will be released in Q1 2025. Bullet is a Rollup that uses Solana L1 as the settlement layer and data availability layer, utilizing ZK fraud proofs for verifiable on-chain settlements. The first DApp in the Bullet ecosystem is the perpetual CLOB platform Zeta X.