BULK
UnauditedNewBULK is a Solana-native perpetuals DEX that pairs centralized-exchange-class order matching — via a validator co-resident execution layer and BULKBFT consensus — with on-chain self-custody and settlement.
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Score history
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The Problem
On-chain derivatives venues have historically lagged centralized exchanges on latency and execution quality, forcing pro traders to give up self-custody for speed.
The Solution
BULK embeds an order-matching engine directly into Solana validators (bulk-agave) and orders transactions with a leaderless BFT consensus (BULKBFT), targeting ≈20 ms matching and ≈40 ms finality while settling and self-custodying margin on Solana.
Why it Matters
A validator co-resident execution layer plus a correlation-aware portfolio-margin risk engine — CEX-class latency with on-chain PDA self-custody and FROST-threshold withdrawals.
Protocol Metrics
Related Research
View allFrequently asked questions about BULK
What is BULK?+
BULK is a DEX protocol operating on Solana. BULK is a Solana-native perpetuals DEX that pairs centralized-exchange-class order matching — via a validator co-resident execution layer and BULKBFT consensus — with on-chain self-custody and settlement.
How does BULK work?+
BULK embeds an order-matching engine directly into Solana validators (bulk-agave) and orders transactions with a leaderless BFT consensus (BULKBFT), targeting ≈20 ms matching and ≈40 ms finality while settling and self-custodying margin on Solana.
Is BULK safe?+
DeFi Sentinel rates BULK BB with a safety score of 63/100, indicating elevated risk. The score reflects five risk dimensions: smart contract & technical risk, economic design & market risk, governance & centralization, sustainability & competitive position, and reputation & social trust. BULK has 1 audit on record. DeFi Sentinel's analysis flagged 3 high, 7 medium, 2 low risk alerts across Smart Contract & Technical Risk, Economic Design & Market Risk, Governance & Centralization and Sustainability & Competitive Position. As with all DeFi protocols, residual risk remains and users should review the full risk breakdown before depositing.
What is the safety score of BULK?+
BULK has a DeFi Sentinel safety score of 63/100 (rating BB), last updated September 17, 2026. The score is computed across smart contract & technical risk (30%), economic design & market risk (25%), governance & centralization (20%), sustainability & competitive position (15%), and reputation & social trust (10%).
Which chains does BULK support?+
BULK is deployed on Solana.
Has BULK been audited?+
Yes. BULK has 1 audit report on record from firms including Zellic. Audit reports and dates are linked under the Resources tab on this page.