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.
Permissionless perpetuals let anyone list a perp market without exchange approval. BULK Improvement Proposal 1 (BIP-1) is the first credible spec for permissionless perp listing on a high-performance orderbook DEX. This is the Uniswap v2 moment for derivatives.
BIP-1 is BULK Exchange's proposal to allow anyone to create a perpetual market — the same move Uniswap v2 made for spot trading. Any asset with a Pyth oracle can get a perp. This is the feature most likely to drive BULK Exchange's long-term volume.
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