Bullet: Solana network extension built for onchain CLOB trading
Post74 words
Bullish call$ZEX−98%since this piece, moved against the callHow it played out ↓Introduces Bullet as an optimistic rollup on Solana using ZK fraud proofs, designed for trading with a CLOB at thousands of TPS and 2ms latency. ZEX migrates 1:1 to the new token at mainnet.
Key claims
Sitting at $76M FDV after a 86% 24h move
CLOB infra at thousands of TPS and 2ms latency
ZEX migrates 1:1 to the Bullet token
The CLOB wars are in full swing and @bulletxyz is catching some serious bids rn (up 86% in 24h).
Building a @solana network extension (an optimistic rollup relying on ZK fraud proofs) specifically designed for on-chain trading, and with CLOB infra that delivers thousands of TPS at 2ms latency.
Solana's answer to Hyperliquid and still just sitting at $76m FDV.
$ZEX will be migrated 1:1 to the new Bullet token, when mainnet is live.
2 images on X
How the call played out · since 10 Jun 2025
Prices as of 23 Oct 2026This piece takes a view on $ZEX, so that move is read against the call.
ZEX looks cheap at $76m FDV for Solana's answer to Hyperliquid, a CLOB-focused rollup migrating 1:1 to the Bullet token.
−98%
Moved against the call · over 16 months
- At publication
- $0.0446
- Now
- $0.00107
- vs BTC
- −97%
- After 1 month
- +152%
- After 3 months
- +22%
- After 1 year
- −65%
- High since
- +363% 20 Jun 2025
- Low since
- −98% 29 Sep 2026
Since then
Zero has written 7 more pieces on $ZEX since this one.
- Bullet: Solana ZK perp DEX appchain built on the Sovereign SDKCovers $ZEX
- Dip buys: HYPE, SOL, ZEX, CODEC, ROBA and the reasoningBullish call on $ZEX
- ZEX is BULLET: Bullet's token migrationBullish call on $ZEX
- Bullet: Solana's onchain Nasdaq with 1ms latency, TL;DR of A1 articleCovers $ZEX
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