BULK
Not enough dataBULK is a decentralized perpetual futures exchange on Bulk.
BULK at a glance
- Launched
- Not verified yet
- Trading fees (base tier)
- Taker 0.035% · maker 0% (maker/taker CLOB, 14-day volume tiers) source ↗Tier 1 (<$1M 14d volume) of the Phase 1 'Genesis Liquidity' schedule; official API GET https://mainnet-api1.bulk.trade/api/v1/feeState confirms this policy is active (maker 0 bps, taker 3.5 bps). Maker rebates -0.2 to -1.5 bps by maker-volume share. Docs announce Phase 2 with base maker 2.0 bps at tier 1 (taker unchanged).
- Maximum leverage
- 40× source ↗official API: BTC-USD 40x is the highest among TRADING markets (ETH 25x, SOL/XRP/PAXG 20x, others 10x). Contract spec page says 'Up to 100x (per instrument)'.
- Perp markets
- About 8 · includes stocks, commodities or FX source ↗counted markets with status TRADING: BTC, ETH, SOL, XRP, HYPE, ZEC, PUMP, PAXG (22 listed, 14 SUSPENDED). RWA = PAXG-USD (gold-backed token) only.
- Collateral
- USDC source ↗'All collateral is denominated in USDC'; multi-asset collateral is described only as a future extension
- KYC
- No KYC step described for trading; Terms reserve the right to run KYC / source-of-funds checks and suspend access if unsatisfied source ↗
- Restricted regions
- Albania, Australia, Austria, Belgium, Cambodia, Crimea, Sevastopol and non-government-controlled areas of Donetsk, Kherson, Luhansk and Zaporizhzhia, Cuba, Cyprus, Denmark, Estonia, France, Germany and 33 more source ↗Terms 'Prohibited Jurisdiction' list
- Audits
- Zellic — BULK Program on Solana (July 2026) source ↗
- Incidents
- None found in official sources
- Points program
- Live source ↗'Aura' earned from trading feeds the Challenger Series ranked league; docs say 'Season 1 will be announced soon' for the league/playoffs
- Referral program
- Yes; no fixed benefit for the referred trader is confirmed source ↗referrer rewards paid weekly from an AURA pool; no benefit for the referred trader stated. During Invite-Only Mainnet new users need a one-time access code, which attaches them to the referrer's link.
From BULK’s own documentation, terms, API or official posts, checked 08 Oct 2026. Terms change; confirm on the venue before trading. “Not verified yet” means we could not confirm it from an official source.
BULK trend: Not enough data
No metric has enough comparable history on a sufficient base yet. The label counts metric directions; it is not a score and not investment advice.
Rank by open interest: #33 now · not ranked 30 days ago · not ranked 90 days ago (among venues reporting that day)
| Metric | 30 days | 90 days | Coverage | Reading |
|---|---|---|---|---|
| Open interest | — | — | 50% | Not enough daily history yet |
| User fees | — | — | 55% | Not enough daily history yet |
| Trading volume | — | — | 2% | Not enough daily history yet |
Thresholds: open interest ±25%, fees ±30%, volume ±40% over 30 days; the 90-day move must agree at half the threshold. Incentive campaigns can lift activity temporarily.
Activity over time
Open interest · daily
DefiLlama daily open interest · 30 days · 09 Sep 2026 – 08 Oct 2026
Gaps are not joined. The scale starts near the series minimum, not at zero.
User fees · daily
DefiLlama daily user fees, complete UTC days · 33 days · 05 Sep 2026 – 07 Oct 2026
Gaps are not joined. The scale starts near the series minimum, not at zero.
24h volume · daily capture
CoinGecko rolling 24h volume, one capture per UTC day
BULK is a Solana perpetuals DEX built for ultra-low-latency derivatives trading with sub-20ms matching and high-throughput execution
Project description as listed on DefiLlama
BULK: common questions
What is BULK’s open interest?
BULK had $11.59M of open interest according to DefiLlama on 08 Oct 2026 · 12:17 UTC, ranking #33 of 91 perp DEXs we track by open interest. That is 0.1% of the combined open interest of the tracked venues.
How much volume does BULK trade per day?
CoinGecko reported $35.66M of rolling 24-hour volume for BULK on 08 Oct 2026 · 12:16 UTC. Venue-reported volume is not independently audited.
How much do traders pay in fees on BULK?
Traders paid $307.66K in fees over the last 30 days according to DefiLlama.
Is BULK growing?
Our current reading is “Not enough data”. The reading updates daily and requires sufficient history and a minimum base.
Does BULK have a token?
We have not verified a tradable BULK token. Beware of look-alike tokens using the name.
What are BULK’s trading fees?
Taker 0.035% · maker 0% (maker/taker CLOB, 14-day volume tiers) at the base tier, according to BULK’s fee documentation. Higher-volume tiers and promotions can differ.
What is the maximum leverage on BULK?
Up to 40× on some markets, according to BULK’s documentation. Most markets allow less.
Does BULK require KYC?
No kyc step described for trading; terms reserve the right to run kyc / source-of-funds checks and suspend access if unsatisfied, based on BULK’s terms and sign-up flow. Access rules can change by country.
Does BULK have a referral program?
Yes; no fixed benefit for the referred trader is confirmed.
Similar perp DEXs
Sources and capture details
- DefiLlama oi history for listing “bulk”, fetched 08 Oct 2026 · 12:17 UTC, SHA-256
8c52c52138f32fe9… - DefiLlama fees history for listing “bulk”, fetched 08 Oct 2026 · 12:17 UTC, SHA-256
21a914c6480378ed… - CoinGecko derivatives exchange id(s): bulk
Open interest and fees: DefiLlama, captured 08 Oct 2026 · 12:17 UTC. 24h volume: CoinGecko derivatives exchange data (rolling 24 hours, converted from BTC), captured 08 Oct 2026 · 12:16 UTC. Token prices and 30-day price change: CoinGecko, at the time shown on each venue page; a parent-project or chain token is labelled and is not evidence of a claim on exchange revenue. Changes compare the last 30 days with the previous 30 days (OI as a daily average, fees as a total) and need at least 95% daily coverage. A trend label needs the 30-day move to pass a threshold (OI ±25%, fees ±30%) on a minimum base (OI ≥ $5M, fees ≥ $100K per 30 days); with 90 days of history both horizons must agree. Venue-reported volume is not audited; ⚑ marks volume above 25× open interest. “—” means unavailable, never zero. Full method ↗