BULK Exchange mainnet is expected around June 1, 2026. Real capital, real fees, Genesis Phase (0 maker fees for 30 days), and the start of the Aura points snapshot window closing. This is the complete preparation guide.
The BULK Exchange paper trading competition ran May 19–28, 2026 with $50,000 in prizes. This page covers how the ranking system worked, the sub-account meta that most participants missed, and how to use the testnet now that the competition has closed.
How to trade on BULK Exchange — from account setup to order types, margin mechanics, conditional orders, and fee optimization. The complete guide for traders going live on mainnet.
You can claim $1,000 in paper USDC on BULK testnet right now. Free. 2 minutes. This guide covers setup, faucet mechanics, the sub-account strategy most people are missing, and how the leaderboard ranking actually works.
MEV (maximal extractable value) in perpetuals takes three forms: front-running large market orders, racing cancel-replace strategies, and exploiting liquidation events. BULK Exchange is the first perp DEX to address all three through a documented four-layer fair ordering system.
Liquidation happens when your margin falls below the maintenance threshold. Understanding the trigger conditions, how mark price differs from last-traded price, and how BULK Exchange handles liquidations differently from most exchanges can prevent unexpected losses.