Follow $zex ZEXy1pqteRu3n13kdyh4LwPQknkFk3GzmMYMuNadWPo

The zeta team has recently rebranded to bullet, aiming to create decentralized derivatives trading for the Solana ecosystem, focusing on trading processing speed. Founder Tristan is a veteran from the FTX era, and the project's investors include Wintermute, Jump, the Solana Foundation, Toly, and Mert, all of whom are core forces in the Solana ecosystem.

The current market cap of the zex token is over 20 million, with an FDV of 120 million. In contrast, Hyperliquid has a market cap of 13 billion and an FDV of 40 billion. The price difference is enormous, with the FDV being less than 1% of the hype.