Guides & Research

Solana perpetual futures let you go long or short with leverage on a fast, low-fee on-chain exchange. This is the no-jargon starter path: learn the mechanics, practice risk-free on testnet, then trade.

Solana perpetual DEXes hit $76.7B monthly volume in May 2026 — a new all-time record. Here is every platform in the ecosystem: TVL, fees, architecture, X sentiment, and competitive positioning. 23 platforms covered.

At $27.7M TVL, a $100 USDC deposit earns 3.6 AURA per week. One referred friend who deposits $200 earns you 2 AURA per week — permanently. As TVL grows, deposit AURA per dollar shrinks. Referral AURA does not. Here is the math that changes your strategy.

BULK is not just a perp DEX — its long-term thesis is permissionless derivatives on Solana. This hub maps the niche (permissionless perps), the DeFi protocols BulkSOL already integrates with, and what the endstate looks like for institutional capital.

BULK Exchange was co-founded by Kobie McGlashan (CEO, goes by kdot) and Junaid Peer (CTO, goes by Jun/junbug_sol), backed by an $8M seed round including Solana co-founder Anatoly Yakovenko as an angel investor. Here is what is publicly known about the team, the funding, and protocol history.

BULK Exchange pre-deposits are held in a publicly verifiable Solana program vault. No published third-party audit exists as of June 2026. Here is what the architecture actually covers and how to think about pre-mainnet protocol risk.