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.
The BULK Program was audited by Zellic, confirmed complete August 17, 2026, ahead of the September 5, 2026 mainnet launch. Here is the full security picture: the audit, the 5-of-8 multisig, the insurance fund, and what risk remains.
Every BULK Exchange tool in one place: margin calculator, live mainnet leaderboard, AURA dilution model (historical Season 1), paper trading archive, and free access codes. Calculate your risk, track your trading, understand the points math.
BULK mainnet launched September 5, 2026. Pre-deposits converted automatically to trading margin, invite-only trading opened at 9am EST, and the Genesis Phase (0 maker fees) is live through roughly October 5.
The BULK Exchange paper trading competition ran May 19–28, 2026 with $50,000 in prizes, paid out May 29. The ranking formula changed mid-competition after gaming was discovered, and 27 wallets were banned for bot abuse. This page covers what actually happened and how to use the testnet now.
The BULK Exchange client SDK is open source and lets you connect directly to the L0 execution layer. This guide covers installation, authentication, placing and cancelling orders, subscribing to the orderbook, and streaming your own fills.
BULK's Genesis Phase waives maker fees entirely for the first 30 days of mainnet. Every day you trade after this window closes, you're paying a fee you could be paying zero on right now.
Mainnet is invite-only · Free code + referral link, no deposit required to look