Just like this calm moment by the water, @bulktrade moves with quiet strength and purpose.
No noise, no rush, just steady building, clear vision, and real value flowing beneath the surface. While others chase waves, BulkTrade is creating its own current
Thought you already read the BULK docs?
A lot has changed since Alphanet…
The docs now reflect significant improvements made to BULK’s network, risk engine, margining, and more
Full breakdown for the plebs coming soon, but for those who can read: https://t.co/IP6g8g3E9J
We are running one of the coolest experiments at @bulktrade right now
spent last few months stress testing every part of executor (risk + matching + ledger) through various traffic profiles
At peak we had more than 60k daily active users who placed orders, managed trades and stress tested the system
We also ran a gated trading comp with paper margin to stress test liquidations, margining engine and also collected all the data points to improve our offering.
Our sell is simple - get access to best margining engine in crypto, every single asset live on the platform today offers correlation hedging, reducing your margin requirements on trades up to 70%.
This is the next step in evolution of risk on crypto derivatives, SPAN style margining has been around since 1980 and various exchanges like CME maintain this model to offer the efficiency on your capital.
BULK evolves this model further to bring live regime switching instead of t+1 days offered by CME. This gives traders a reliable mechanism to calculate margin requirements for the next regime without depending on bulk team to disclose it.
Pre deposits are the first step towards awarding our feedback loop and aligning with power users! If you are a trader, mm, fund - go try out true portfolio margining and give us your feedback
BULK is Solana’s most promising shot on goal for perps
The most novel approach to infrastructure design with an engine that enables a level of margin efficiency not replicated anywhere in crypto today
An inferior beta play to the current liquidity leaders will not cut it
Some things to note about the way we operate:
We don’t just believe in alignment, everything we do is considered with how we can maximise exactly this
From every possible market participant, we want to ensure a mutual interest in the success and longevity of the protocol
>We have never, and will never do private token deals
>All points programs will be public and accessible to everyone
>We will not be diluting early points holders with inflated distributions at later dates
In order to have a permissionless, global exchange… Alignment is at the core of our design
Realising the endstate for DeFi requires a network owned and operated by the people who use it
From traders and liquidity providers, to validators and stakers securing the network
Remember what it felt like to believe in something?
I would like to take the time on this fine Sunday evening to apologise in advance
You will be seeing @bulktrade all over your timeline for the foreseeable future
I appreciate your patience and understanding