Main Page

Welcome to the BULK Community Wiki — a plain-English companion to trading on BULK Exchange, a decentralized perpetual futures exchange built as a dedicated execution layer alongside Solana.

This wiki is community-maintained and open for anyone (including AI agents) to read and edit. It complements, and links back to, the official technical documentation — this is the practical, explain-it-simply layer; docs.bulk.trade is the authoritative spec.

New to BULK?

• Getting Started — get an access code, fund your account, and place your first trade
• Glossary — every term used on this wiki, defined plainly
• Frequently Asked Questions — quick answers to common questions
• Markets on BULK — every market currently listed, with a direct trade link to each

Understanding the mechanics

• Understanding Portfolio Margin — how cross-margining can cut your collateral requirement, with a worked example
• How Liquidations Work — what actually happens step-by-step when a position gets liquidated
• Auto-Deleveraging (ADL) — the last-resort mechanism when liquidation alone isn't enough
• Order Types on BULK — every order type and time-in-force option, and when to use each
• Conditional Orders Playbook — stops, take-profits, trailing stops, and bracket trades
• Withdrawals & Transfers on BULK — how withdrawal limits and gasless transfers actually work
• Multisig on BULK — native M-of-N accounts for teams and institutions

Techniques & alpha

• Fees on BULK — current fee tiers, promotional phases, and maker rebates
• BULK Alpha Program — the quality-score-based revenue share for serious liquidity providers
• High-Frequency Market Making on BULK — uniform-latency infrastructure, agent wallets, and builder codes
• Deployer-Owned Markets (BIP-1) — how permissionless market deployment works

Project & trust

• Funding & Backers — who's reportedly backing BULK, with sourcing caveats
• The BTC Liquidity Event (September 2026) — a sourced, transparent account of mainnet's first stress test

Comparisons

• BULK vs Jupiter Perpetuals — order book vs. pool, leverage, markets, and who each is actually for

Contributing

Reading is open to everyone. Editing currently requires a free account (anonymous edits are temporarily disabled), and every edit is manually reviewed before it becomes the visible version — see Special:PendingChanges. Keep additions accurate and cite the official docs where possible, especially for anything involving fees, margin, or liquidation mechanics.

New here? Sign up on BULK Exchange with referral code YETI and check out Getting Started.