A new player has joined the Solana ecosystem. Bullet Protocol announces the launch of its mainnet, focusing on ultra-low latency perpetual contract trading — 1 millisecond response time, with a yield-bearing treasury mechanism. The project has attracted institutional funds during its private testing phase. Regarding tokens, $ZEX and $BULLET have completed a 1:1 mapping conversion, with a current valuation of $16.4M, and a fully diluted valuation of $87M. As a new batch of DeFi derivative protocols on Solana, whether Bullet Protocol can carve out a market share depends on market reactions.

ZEX1.19%
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