BulkTrade officially launched its perpetual futures exchange on Solana on September 5, with execution latency between 5 and 20 milliseconds. The platform raised $8 million in a seed round completed in September 2025, co-led by Robot Ventures and 6th Man Ventures, with participation from Wintermute Ventures. A pre-deposit campaign collected over $25.9 million in USDC in just 10 days. Access to the platform remains invitation-only for now. The BULK token has not yet been launched, but 30% of the total supply is already reserved for community distribution via airdrops, tied to pre-deposit activity and trading behavior.
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