Has more users than Aster.

Implements a deposit cap of approximately $2,500 per user during Phase 1 Mainnet, with trading limited to BTC, ETH, and SOL, and access gated via referral codes and a batched waitlist.

Offers retroactive points rewards to phase 1 users participating in the mainnet launch.

Implemented mainnet deposit caps at $1,000 per account, requires access code, and has points earning active.

Launched mainnet for perpetual derivatives trading as a Solana Network Extension, integrating Sovereign Labs SDK, Celestia, Succinct Labs' SP1 zkVM, and Pyth Network Lazer oracles. Processes 8,000+ orders per second with 5-12 second finality across 100+ markets, offering up to 100x leverage, sub-1ms soft confirmations, and deposits powered by Hyperlane with Zeta token migration, utilizing a dedicated execution layer with real-time Rust-based processing, a tailored sequencer, and ZK fraud proofs.

Private beta processes institutional flow. $ZEX trades at $16.4M market cap with $87M fully diluted valuation.

Spot trading launches alongside perpetuals with 1ms latency performance, vault deposits earn yield from market makers, and major cryptocurrencies accepted as collateral.

Rolled out private mainnet beta access to whitelisted traders, with initial rollout to first few hundred users.

Mainnet launches live at Solana Breakpoint. $BULLET token not live yet; $ZEX token available at $16m market cap with 1:1 conversion to $BULLET planned.

Mainnet reaches feature completeness.

The perpetuals platform launches its L2 solution.

The Kafka cluster infrastructure ingests 1 million events per minute including order placements, cancellations, and oracle updates as TPS performance scales up.

The platform now measures performance in microseconds (us) rather than milliseconds (ms), indicating sub-millisecond transaction speeds.

Plans announced for BulletSVM, an SVM-based, HyperEVM-style universally programmable execution environment alongside the CLOB infrastructure, with ZK proofs generated via Succinct Labs' SP1 zkVM and verified on Solana.

Bullet builds on Sovereign Labs SDK rollup framework with Hyperlane integration for bridging to EVM and SVM chains, supporting both Ethereum and Solana wallets.

@trevor_flipper publishes comprehensive research analysis covering the technical architecture, investment thesis, and competitive positioning against Solana ecosystem incumbents.

A whitelist signup is now available for the mainnet launch.

Celestia publicly positions the project as one of their "preferred" CLOB appchains for cost-sensitive applications alongside Hibachi.

The project will hit mainnet soon according to a trader's analysis. The platform features integrated borrowing/lending functionality alongside its CLOB DEX with 1ms execution finality, trading at a $17m market cap, and $ZEX will migrate to $BULLET soon.

Mainnet launch approaching with whitelist signup currently open for upcoming event.

The Zeta token ($ZEX) is claimed to be the same as the Bullet token ($BULLET), suggesting token continuity rather than a new token launch during the rebrand.

Launched mainnet on Solana, bringing an onchain Nasdaq.

The project is building their perpetuals CLOB on Celestia blockchain instead of Solana, citing data availability scaling as the key factor to achieve thousands of orders per second performance targets.

The project targets professional traders and aims to achieve sub-10 millisecond performance to compete with centralized exchanges in the perpetuals space.

Another trading competition begins on testnet featuring real-world prizes, while the project gains exposure through a speaking slot at Korea Blockchain Week.

Active trading competition on testnet offers mainnet trading credits as rewards.

New dual listing on major Korean exchanges Upbit and Bithumb.

Successful completion of first Hyperlane bridge transaction on testnet, expanding cross-chain capabilities.

Completed multi-asset margin system with ultra-low latency (2-3ms) CLOB for spot and perpetual trading, offering multi-collateral cross-margin across spot, lending, and perpetuals using SOL, ETH, and stables, while earning yield on collateral and accessing native structured products.

Token achieves 3x price increase while showing strong resilience during broader market downturn.

Targets $500M+ daily volume within 6-12 months post-mainnet, projecting 50-100M USD annual fees with buy & burn mechanism.

Sub-second bridging from Solana achieved through Alpenglow integration, enabling faster cross-chain transactions.

Project confirms SVM-based CLOB strategy while targeting Solana-native users for perpetual DEX market.

FDV reaches $170M with 244% increase in 24 hours

Token up 129% in 24h as project reveals ZK rollup architecture built with Sovereign Labs SDK.

Migrated $ZEX tokens 1:1 to new token. Current FDV sits at $76M with 86% 24h price increase.

Trading Cup competition with $100K prize pool begins tomorrow.

Platform shutdown scheduled for May 1st, transitioning to Bullet, with final 1M $ZEX rewards epoch underway; built by ex-Zeta Markets team who processed over $15 billion in derivatives volume in 2024.

New Binance Alpha listing expands trading accessibility.

Processed $2.9B trading volume in 5 days during testnet, with $200M open interest. Around 3k people signed up to test over the weekend.

Zeta launches Bullet testnet on Solana, claiming 2ms execution speed - faster than Binance (20ms) and Hyperliquid (200ms).

Testnet launched with perps trading and lending features. Claims 200+ TPS and sub-2ms transaction pre-confirmations. Upcoming testnet trading competition with cash prizes announced.

Network Extension being built for traders targeting CEX-level execution on Solana.

Launched mainnet on Solana on February 2nd, 2026, achieving 1.2ms median execution time for maker orders (0.8ms for spot, 5ms p95 for perps) and handling over 30,000 orders per second.