BULK, a perpetual contract decentralized exchange built on the Solana ecosystem, announced on June 2 the launch of its first season points program. Users can now make pre-deposits to start earning rewards, as the platform will distribute 1 million AURA points weekly until the exchange goes live. AURA points will initially serve as platform incentives, potentially tied to future token airdrops or governance rights, though the full tokenomics have not been disclosed. The opening of pre-deposits marks a significant milestone for BULK, giving early adopters a head start in earning rewards ahead of the mainnet launch.
BULK previously secured an $8 million seed round co-led by 6th Man Ventures and Robot Ventures, with participation from Big Brain Holdings, Wintermute, and Solana co-founder Anatoly Yakovenko, among others. The investment highlights growing interest in derivatives trading on the Solana network. The team plans to use the funds to scale development and deliver a low-slippage, high-liquidity trading experience, aiming to stand out in the competitive Perp DEX market.