Zeta Markets

Zeta Markets launched as one of Solana’s pioneering derivatives platforms and is now undergoing a transformative evolution into Bullet, a full-fledged Solana Network Extension purpose-built for high-frequency trading and advanced DeFi use cases. Bullet enhances the foundational work of Zeta by delivering sub-2ms transaction finality, MEV-resistant architecture, and full integration of spot, perpetuals, lending, and strategy vaults within a unified ecosystem.

This transition is more than a rebrand—it’s an architectural overhaul designed to address key bottlenecks in existing DeFi infrastructure. From unpredictable gas markets and network congestion to slow block times and integration hurdles, Bullet solves them all by creating a specialized execution layer that settles to Solana but operates with its own dedicated throughput. This design enables 2400x faster settlement compared to Ethereum and introduces an exchange environment that supports up to 100x leverage, cross-margin trading, and multi-collateral support across major tokens.

Bullet is also built on the Sovereign SDK, a robust rollup framework, and features a modular architecture including Sequencers, zkVM-based Provers, Full Nodes, and Light Nodes—all functioning together to offer trustless, verifiable trading. Every trade is provable via zk proofs and finalized on Solana, ensuring on-chain transparency with CEX-grade performance. Unlike general-purpose blockchains, Bullet owns its blockspace, ensuring high uptime even during market surges.

Over the past few years, Zeta processed over $15B in perpetuals and options, learned from major industry failures like FTX, and became a voice in advocating for verifiable DeFi infrastructure. As it transitions into Bullet, its mission becomes more expansive: to provide the fastest, most secure and fair trading experience, underpinned by the Bullet network token, staking, and incentive mechanisms. This shift transforms ZEX into BULLET, preserving a 1:1 value ratio and unlocking utility across gas fees, node operation, staking rewards, and fee discounts.

Competing platforms include dYdX, Perpetual Protocol, GMX, and Hyperliquid. However, Bullet stands apart through its solana-native network extension design, zk proof integration, and a comprehensive trading product suite optimized for scale, latency, and resilience.

Bullet introduces a powerful suite of DeFi trading features that outpace traditional decentralized exchanges:

• Ultra-Fast Execution: Achieve sub-2ms latency, faster than Binance, with Bullet’s dedicated execution layer and zk-powered verification system.
• All-in-One Platform: Access perpetuals, spot trading, lending, and strategy vaults from a single interface, backed by shared liquidity and collateral.
• Multi-Collateral Support: Use any major token as margin, keeping your spot exposure while earning yield.
• MEV-Resistant Infrastructure: Application-specific sequencing prevents sniping and ensures fair order execution.
• zk-Proof Security: Every transaction is trustlessly verifiable and posted to Solana’s L1 with cryptographic proof.
• Staking & Governance: Stake BULLET tokens to secure the network and receive trading fee discounts and governance rights.
• Interoperable API & SDKs: REST and WebSocket support aligned with CEX standards, plus upcoming Python and Rust SDKs.

Getting started with Zeta Markets and its evolution into Bullet is simple and built for traders of all levels:

• Step 1: Visit the Platform: Head to Zeta Markets and explore the current interface. Stay updated on the Bullet migration.
• Step 2: Connect Your Wallet: Use any Solana-compatible wallet like Phantom or Backpack to access the platform.
• Step 3: Deposit Collateral: Deposit your preferred tokens such as USDC, SOL, or BTC to use as cross-margin collateral for trading.
• Step 4: Trade with Perpetuals or Spot: Enter positions on high-leverage pairs, or simply acquire assets through fast, secure spot trades.
• Step 5: Explore Strategy Vaults: For passive users, deposit into smart vaults that auto-manage risk and strategies.
• Step 6: Stake $ZEX (and soon $BULLET): Earn yield and qualify for governance and trading fee discounts by staking your tokens.