# Bullet

> Solana's first network extension built for trading

Bullet provides real-time trading infrastructure through a ZK-powered network extension on Solana, enabling low-latency transaction execution with decentralized verification.

Bullet implements a network extension on Solana, processing transactions through a specialized execution layer while using Solana L1 for settlement and data availability. The system delivers sub-2ms transaction execution, multiple collateral support, and congestion resistance through dedicated blockspace and ZK fraud proofs for verifiable on-chain settlement.

- Type: Project
- Sector: Infrastructure
- Status: Announced
- Founded: 2021-05-01
- Profile: https://thegrid.id/profiles/Bullet

## Products

- [Bullet Network](https://thegrid.id/profiles/Bullet): Bullet Network implements a ZK rollup through modular sequencing and trust-minimized Solana settlement, enabling ultra-low latency on-chain trading with transaction verification via fraud proofs while maintaining decentralized security. (L2, Open Beta, Main Product)
- [BulletX](https://thegrid.id/profiles/Bullet): BulletX Exchange is an integrated trading platform offering perpetual futures, spot trading, and lending services built on the Bullet network extension. The exchange provides cross-margin trading, strategy vaults, and professional-grade derivatives trading with centralized exchange-like performance while maintaining decentralization. (Decentralised Exchange, In Development)

## Assets

- [Bullet (BULLET)](https://thegrid.id/profiles/Bullet): BULLET is the native token of the Bullet network extension on Solana. It is used to pay gas fees for transactions, stake in network nodes, and participate in governance decisions. Token holders can delegate their holdings to validator nodes to help secure the network and earn staking rewards in return. (Native)

## Links

- [Main](https://www.bullet.xyz)
- [Documentation](https://docs.bullet.xyz)
- [Media Kit/branding](https://www.bullet.xyz/bullet_media_kit.zip)
- [Twitter / X](https://x.com/bulletxyz_)
- [Discord](https://discord.com/invite/QuP3YsRAtx)
- [Telegram](https://t.me/bullet_xyz)

## Relationships

- [Zeta Markets](https://thegrid.id/profiles/Zeta_Markets): Subsidiary

## Legal

This data is provided under two licensing models.

Model 1 - open data. The open data core is licensed under the Open Database License (ODbL) — a copyleft/share-alike license allowing free use, modification, and sharing for any purpose. Attribution is required: include "Powered by The Grid" linking to https://thegrid.id wherever the data is used. Derivative databases must be shared under ODbL terms. Trademarks, logos, and brand names (marked "Special TPIP") are not covered by the ODbL. For ML/AI use: training datasets that substantially extract ODbL data are Derivative Databases and must be shared under ODbL if publicly used; models must be attributed in documentation.

Model 2 - commercial licenses. The Grid Data Service (TGDS) is also available as a commercial license. See [Web Services Terms](https://about.thegrid.id/legal/web-services-terms) for commercial use that is not covered by the open data service.

The following applies to both licensing models.
- All data is provided AS IS with no guarantees of accuracy.
- The Grid does not provide investment, legal, or tax advice, and
- a project's presence in The Grid's data does not imply endorsement.


- [Data Licensing & Disclaimers](https://about.thegrid.id/legal/data-licensing-and-disclaimers): Licensing models and disclaimers
- [Open Data (ODbL)](https://about.thegrid.id/legal/open-data): Open Database License terms and scope for The Grid's open data service.
- [Attribution Guidelines](https://about.thegrid.id/legal/open-data-attribution-guidelines): How to attribute The Grid's data when using the open data service.
- [Web Services Terms](https://about.thegrid.id/legal/web-services-terms): commercial Terms for using data services.
- [All Legal Documents](https://about.thegrid.id/legal): Full index of terms, policies, and disclosures

## Optional

- [TGS Field Descriptions](https://github.com/The-Grid-Data/workspace-public/blob/main/references/tgs-field-descriptions.md): Schema field definitions for The Grid's data model
- [TGS JSON Structure](https://github.com/The-Grid-Data/workspace-public/blob/main/references/tgs-json-structure.md): Data model structure and relationships
- [Product Type Definitions](https://github.com/The-Grid-Data/workspace-public/blob/main/references/product-type-definitions.md): Definitions for each product type
- [Product Type Classification](https://github.com/The-Grid-Data/workspace-public/blob/main/references/product-type-classification.md): Guide for classifying products into types
- [Grid MCP Guide](https://github.com/The-Grid-Data/workspace-public/blob/main/grid-search/skills/grid-query/references/grid-mcp-guide.md): How to query The Grid programmatically via MCP