Learn how Bullet brings CEX-style speed to Solana with BulletX perps, spot, lending, wallet abstraction, MEV-aware sequencing, and Solana-anchored oracles/bridges. Features, tips, and setup steps for beginners.
About bullet
Bullet is a Solana-aligned trading network and exchange stack built for high-speed, on-chain markets. It runs as a specialized “network extension” that anchors security and settlement to Solana while providing a low-latency execution environment and an exchange called BulletX for perpetual futures, spot trading, lending, and vault strategies. Bullet targets traders who want CEX-style responsiveness without giving up transparent, programmatic settlement on Solana.
Bullet’s design centers on fast order processing (soft finality in milliseconds), unified margin across products, and an integrated risk engine. For Solana users, the practical takeaway is simple: you can deposit to Bullet from Solana, trade perps or spot with familiar order types, and withdraw back to Solana, while core price data and settlement flows reference Solana’s infrastructure and data providers.
Key Features
Built-in trading interface
Buy and sell directly from the token’s page within the platform.
Limit Orders
Automatically buy or sell at specific price targets.
Secure and non‑custodial
This tool never accesses private keys—transactions are signed through your wallet.
Non-custodial keys
You control the recovery phrase and private keys; they’re stored locally on your devices.
What makes Bullet special?
Bullet differentiates itself by tightly coupling a rollup-style exchange engine to Solana’s security and data layer. That shows up in a few practical ways:
✨
Solana-anchored, low-latency trading
Bullet describes itself as a “network extension” with sub-2ms soft finality targets at the execution layer, while using Solana for settlement and data availability. For active traders, this means order placement and cancellations feel immediate, yet positions and balances resolve back to a chain environment aligned with Solana.
✨
Unified margin across products
Rather than isolating collateral per market, BulletX’s unified margin engine nets exposures and enables cross-product risk management—useful when hedging spot with perps or rotating collateral efficiently.
✨
MEV-aware sequencing + verifiability
The network includes a dedicated sequencer for ordering and batching transactions, plus full nodes, light clients, and zk/optimistic proving modes to verify state transitions and challenge malicious behavior. This aims to combine speed with public verifiability.
✨
First-class oracle and index design
Perp funding and marks reference a defined Index Price (a weighted composite) and Mark Price (from orderbook/mid-price signals), with a low-latency oracle (“Pyth Lazer”) integrated for timely updates. That clarity helps traders reason about funding and liquidation.
How to get started
Getting from “curious” to “live” is straightforward if you follow a clean setup path.
1
Connect or create a wallet
2 minutes
Easy
Open Bullet and connect a Solana wallet or create an embedded non-custodial wallet using the passkey flow. Embedded wallets help new users trade quickly without giving up key control.
2
Bridge funds to Bullet
2 minutes
Easy
Use the supported Hyperlane or Relay routes. Bullet’s docs outline deposit matching and expected finality times before funds become tradable. Start small to learn the flow.
3
Choose your product (Perps, Spot, Lending, Vaults)
2 minutes
Easy
Perps are popular for hedging and directional exposure; spot is for immediate asset exchange; lending can earn a borrow rate or help finance positions; vaults automate strategy exposure.
4
Configure orders and risk controls
2 minutes
Easy
Set limit/stop entries, add take-profit/stop-loss, and confirm your margin mode. The unified margin engine will account for your full portfolio when checking orders and liquidation points.
5
Track funding, liquidations, and withdrawals
2 minutes
Easy
Review funding schedules (how often and how funding is computed), understand the liquidation flow and insurance/ADL safeguards, and when you’re ready, withdraw back to Solana.
Pro Tips
Tip 1
Use TP/SL and stop-limit orders to bracket risk on perps—don’t rely only on manual exits.
Tip 2
Start with a small test deposit via the supported bridges and note the posted finality windows before scaling.
Frequently Asked Questions
Get answers to the most common questions about this tool