At Solana Breakpoint, Tristan Frizza, Co-Founder of Zeta Markets, said that Zeta Markets is incubating and developing the Solana L2 project Bullet, which will be released as a testnet in Q4 2024, when ZEX pledge holders will have early access to it, and that the mainnet of Bullet will be released in Q1 2025. Bullet is a Rollup that utilizes Solana L1 as the settlement and data availability layer, with verifiable on-chain settlement using ZK Proof of Fraud. the first DApp in the Bullet ecosystem is the perpetual CLOB platform Zeta X. The first DApp in the Bullet ecosystem is Zeta X, which will be released in the first quarter of 2025.