BulkTrade Launches Solana-Based Perpetual Futures Exchange With $25.9M Pre-Deposits

BulkTrade, a new perpetual futures exchange on Solana, has officially launched. The invite-only platform raised $25.9 million in USDC pre-deposits and secured $8 million in seed funding from notable investors including Robot Ventures and Wintermute Ventures.

The platform offers fast trade execution between 5-20 milliseconds, settling all trades in USDC and introducing dynamic margin adjustments for better capital efficiency.

BulkTrade plans a community-focused token airdrop and enters the competitive Solana perps market with established players like Jupiter.