Inside Bullet’s goal to compete with CEX perps
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最新报道：Perpetual derivatives dominate crypto trading, accounting for 70% of CEX volumes and 68% of bitcoin trading in 2025. Solana's perp DEXs like Jupiter and Drift hold just $533 million in open interest, merely 4% of Hyperliquid's. To compete, Solana-native projects are adopting divergent strategies: Drift leverages Jito's Block Assembly Marketplace, while Bullet (formerly Zeta Markets) is building an app-specific L2 rollup on Celestia for data availability. Bullet's custom stack achieves 1.2ms latency—faster than Solana's 400ms—and features cancel prioritization to prevent MEV issues. With a mainnet launch planned this year, Bullet aims to challenge CEX-scale perp trading.
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