what's Bulk Trade?
Bulk Trade is a decentralized perpetuals exchange (DEX) built on Solana, designed for trading cryptocurrency derivatives with leverage in a fully on-chain environment. It prioritizes true decentralization by leveraging Solana's high-speed infrastructure while ensuring all trades, orders, and settlements occur without centralized intermediaries, reducing risks associated with off-chain components. Key features include a central limit order book (CLOB) powered by zero-knowledge proofs for privacy and efficiency, alongside liquidity provision mechanisms that allow users to earn yields through integrated pools. The platform addresses common pain points in perp trading by offering low-latency execution, deep liquidity via shared margin engines, and support for a wide range of assets including major cryptos and potentially RWAs. Bulk Trade's architecture emphasizes composability, enabling seamless integration with other DeFi protocols on Solana, and focuses on user sovereignty with non-custodial wallets and transparent on-chain governance for protocol upgrades.
Bulk Trade testnet delayed; YT-BulkSOL yield farming (11.36% APY) and BulkSOL on Jupiter.
Links
x.com/_bulktradeHas an APY of 6.06% for staking SOL.
Previews unified margin accounts feature at Solana Breakpoint Day 2.
Validator accumulates nearly 300,000 SOL in staking.
Bulktrade testnet launch delayed. YT-BulkSOL available for yield farming with 11.36% implied APY through Exponent Finance.
Bulktrade is categorized in the $500M+ FDV prediction tier for perp DEXs that have not yet launched tokens.
Joins Pyth Network as part of new class of Solana builders in formal partnership announcement.
Bulk Trade's validator reached 200k SOL staked.
The LST product holds approximately 80k SOL.
Listing announcement made for bulkSOL at Project 0.
Raises $8M funding round during Q3 according to Messari's Solana ecosystem report.
178,000 SOL ($33.5M) staked on the validator 4 days after launch.
Public testnet launches on November 19th. Protocol shares 30% of taker fees with Bulk-agave validators, an increase from the previously mentioned 12.5% validator revenue sharing.
Launches $bulkSOL, a liquid staking token on Solana, in partnership with Sanctum.
Introduces staking initiative with 7.5% APY and no commission fees, where staking activity earns BULK points.
Project is pre-testnet with testnet not yet live, built on Bulk-Agave (a Jito-Agave fork) and BULK-Tile program for validator-native trading, with 12.5% validator revenue sharing planned.
Achieves 6th highest smart follower growth in last 2 days among tracked crypto projects.
Raised $8M in funding with microsecond execution capability for perpetual trading; currently only social media participation is available.
The project raised $8M in seed funding according to recent announcements.