This is Solana's answer to Hyperliquid Some people say it's even better Here's what you need to know about the #1 upcoming perps DEX on Solana 👇🏼🧵
@_bulktrade If Solana needs to catch up in any area, it's perps trading Current platforms are either not fully onchain, have high fees, or suffer from slow and unreliable execution BULK aims to change this with their BULK net
So, what makes BULK better than the rest? BULK plans to fork a Solana validator client (from jito-agave) When a user places an order, it bypasses Solana's standard "transaction queue". This allows matching to be completed within 20ms and finalized within 40ms
A few days ago Bulk Trade announced the completion of an $8 million seed round This follows a $500,000 angel round completed in August 2024 BULK is expected to launch its testnet in the coming weeks and targeting Q4 for mainnet launch
Bulk’s core team is headquartered in the UK. Co-founder and CEO, Kobie McGlashan, has a rich background in blockchain entrepreneurship (part of Superteam UK) CTO Junaid Peer is an experienced blockchain engineer who has been involved in early crypto projects since his youth
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