what's Bulk?
Bulk is a decentralized exchange (DEX) built on Solana, specializing in perpetual futures and derivatives trading. It aims to close the performance gap between centralized exchanges (CEXes) and DEXes by delivering CEX-level execution speeds, low latency, and advanced order types on-chain. Key features include high-frequency trading support, institutional-grade reliability, and trustless verification without custody risks. The platform leverages Solana's high throughput for seamless, capital-efficient margin trading, where positions can be used as collateral with minimal friction. Bulk emphasizes fair markets, MEV protection, and predictable fills, positioning it as a next-generation perp DEX for serious traders transitioning from CEXes to DeFi.
Bulk's public testnet gained 110k registered wallets & 45k active traders within days.
Links
x.com/bulktradeReached 110,000 registered wallets and 45,000 active traders on public testnet within days of launch.
Featured in a Lightspeed podcast episode discussing testnet, architecture approach, and problems with perpetuals on Solana.
Pre-token status noted with speculation that exposure may be possible through content and community activities or through holding their SOL LST, though no explicit confirmation found.
Launched paper mainnet for perpetual decentralized exchange on Solana, running matching engine inside Solana validators via Bulk-Agave, a fork of the Jito-Agave client.
Raised $8M in funding.
Launched testnet March 18, 2026; mainnet expected H1 2026.
The first cohort of validators comes online shortly, advancing the protocol's decentralization beyond Hyperliquid's current level.
Joins Sanctosphere with $BulkSOL token, enabling APY earnings boosted by exchange fee sharing. Runs a live point system called Redacted, where users can participate in testnet and deposit bulkSOL into Exponent to earn points.
The project is launching soon, positioned as a competitor in the perpetuals trading space on Solana.