Loading...
Loading...

BULK is a decentralized perpetuals exchange built on Solana designed to deliver CEX-level trading speed in a fully on-chain environment. The platform runs an ultra-low latency orderbook and a custom execution layer integrated directly with Solana validators, targeting traders who want leveraged crypto derivatives without giving up self-custody or censorship resistance.
The project closed an $8 million seed round in September 2025, co-led by Robot Ventures and 6th Man Ventures. Backers include Wintermute Ventures, Mirana Ventures, and Chapter One, with Solana co-founder Anatoly Yakovenko participating as an angel investor. Wintermute’s involvement is particularly worth flagging given how much of a perp DEX’s success comes down to market-maker quality at launch.
BULK is currently live on testnet, with mainnet expected, though no date has been confirmed. Active development covers margin modes, the risk engine, and deeper validator integration.
BULK has announced BULK token and airdrop. The team has not published eligibility criteria, a snapshot date, or a points-to-token formula. Testnet trading volume, staking activity, and competition participation are the type of behaviors that perp DEX teams typically reward retroactively once the token launches, which makes early engagement worth considering.
Co-founder of Bulk has confirmed on X that 30% of the token supply will be allocated to users through the airdrop.
BULK has opened Season 1 pre-deposits, with weekly AURA distributions beginning Saturday, June 6th. Deposits are made in Solana USDC through the pre-deposit portal and can be withdrawn at any time. The deposited USDC becomes usable margin once the exchange goes live on BULK Mainnet.
Go to the BULK testnet page and click the wallet connection button in the top right.
Connect a Solana-compatible wallet (Phantom recommended). Approve the connection request to access the trading interface.
Connect your X (Twitter) account through the platform when prompted. This is now part of the leaderboard onboarding flow and ties your social handle to your on-chain activity.
Use the in-app faucet to receive test USDC and other supported collateral. These are testnet tokens with no real value and exist only to enable position-taking on the dashboard.
Trade Long and Short positions across the available markets. The competition leaderboard ranks traders by Cashflow ROI on realized trades, so focus on closing profitable positions rather than opening and holding them indefinitely.
Visit the BULK staking page and choose one of two options:
Liquid stake for BulkSOL: Receive a liquid staking token that stays transferable while accruing staking yield Native stake to the BULK validator: Delegate SOL directly to the BULK validator, which the team has flagged as the path that contributes most to Aura
If you don’t hold any SOL, get some from Binance.
Join the BULK Discord for the Trading Competition prize breakdown, updates on the risk engine and margin mode rollouts, and direct contact with the team. Also, active members may also be able to claim roles such as OG and Contributor.
Try out new features as they ship, including margin modes, updated risk parameters, and new market additions. Report bugs or share feedback in the dedicated channels. Teams running pre-token testnets often weight feedback-givers favorably in eventual retroactive distributions.