Total Value Locked$8.37m
TVL by Chain
Solana$8.37m
Key Metrics
Fees 30d$435,192
Fees 30d by chain
BULK$435,192
Fees 7d$170,665
BULK$170,665
Fees 24h$5,565
BULK$5,565
Cumulative Fees$631,386
BULK$631,386
Revenue 30d$273,902
Revenue 30d by chain
BULK$273,902
Revenue 7d$107,844
BULK$107,844
Revenue 24h$3,587
BULK$3,587
Cumulative Revenue$399,447
BULK$399,447
Perp Volume 30d$887.66m
Perp Volume 30d by chain
BULK$887.66m
Perp Volume 7d$190.12m
BULK$190.12m
Perp Volume 24h$21.12m
BULK$21.12m
Cumulative Perp Volume$1.494b
BULK$1.494b
Open Interest$15.86m
Total Raised$8m
Sep 24, 2025$8mRound: SeedInvestors: Robot Ventures, 6th Man Ventures, Chapter One, Mirana Ventures, Wintermute Ventures, Big Brain Holdings, Anatoly Yakovenko
Protocol Information
BULK is a Solana perpetuals DEX built for ultra-low-latency derivatives trading with sub-20ms matching and high-throughput execution
Methodology
TVL: Counts USDC held in BULK's Solana mainnet custody vault, which backs collateral deposited for trading and margin.View code on GitHubFees: Taker trading fees measured from daily changes in BULK mainnet cumulative fee settlement.View code on GitHubRevenue: Net fee settlement after realized maker rebates during the sampling window.View code on GitHubPerp Volume: Notional volume of all trades including leverage on the perp exchangeView code on GitHubYields
Pools Tracked1
Average Supply APY4.91%
Competitors
BULK history
TVL is the default DefiLlama definition. Daily values are UTC snapshots from Jun 8, 2026 to Oct 27, 2026.
All-time high TVL: $40.61m on Jun 20, 2026. All-time low TVL: $7.7m on Sep 22, 2026.
Daily TVL, Sep 28, 2026 to Oct 27, 2026
| Date | TVL |
|---|---|
| Sep 28, 2026 | $8.01m |
| Sep 29, 2026 | $7.88m |
| Sep 30, 2026 | $7.99m |
| Oct 1, 2026 | $7.92m |
| Oct 2, 2026 | $7.92m |
| Oct 3, 2026 | $7.87m |
| Oct 4, 2026 | $7.86m |
| Oct 5, 2026 | $7.89m |
| Oct 6, 2026 | $7.89m |
| Oct 7, 2026 | $7.83m |
| Oct 8, 2026 | $7.85m |
| Oct 9, 2026 | $7.83m |
| Oct 10, 2026 | $7.83m |
| Oct 11, 2026 | $7.8m |
| Oct 12, 2026 | $7.87m |
| Oct 13, 2026 | $7.89m |
| Oct 14, 2026 | $7.9m |
| Oct 15, 2026 | $7.91m |
| Oct 16, 2026 | $7.91m |
| Oct 17, 2026 | $8.14m |
| Oct 18, 2026 | $8.14m |
| Oct 19, 2026 | $8.19m |
| Oct 20, 2026 | $8.29m |
| Oct 21, 2026 | $8.23m |
| Oct 22, 2026 | $8.27m |
| Oct 23, 2026 | $8.32m |
| Oct 24, 2026 | $8.3m |
| Oct 25, 2026 | $8.36m |
| Oct 26, 2026 | $8.34m |
| Oct 27, 2026 | $8.34m |
TVL at each month end, Jun 2026 to Oct 2026
| Date | TVL |
|---|---|
| Jun 30, 2026 | $40.05m |
| Jul 31, 2026 | $31.75m |
| Aug 31, 2026 | $20.35m |
| Sep 30, 2026 | $7.99m |
| Oct 27, 2026 (latest) | $8.34m |
Fees and revenue by UTC calendar month, Sep 2026 to Oct 2026
| Month | Fees | Revenue |
|---|---|---|
| Sep 2026 | $246,300 | $156,762 |
| Oct 2026 (to date) | $390,651 | $246,272 |
The .csv export on the chart above downloads every daily value. The same data is in the public API: https://api.llama.fi/protocol/bulk
Frequently asked questions
What is BULK's TVL?
As of Oct 27, 2026, BULK has $8.37m in total value locked. TVL has increased 3.7% over the past 30 days.
What chains does BULK operate on?
BULK operates on 2 chains: Solana and BULK. Solana holds the largest share at 100%.
How much has BULK generated in fees and revenue?
Over the past 30 days, BULK generated $435,192 in fees. Of that, $273,902 was protocol revenue. Based on the trailing year, the annualized rate is $4.43m in fees and $2.8m in revenue.
How does BULK's TVL compare to similar protocols?
Among Derivatives protocols tracked by DefiLlama, BULK ranks #24 by TVL. The category holds $1.971b across 426 protocols, and BULK accounts for 0.4% of that total. Similar protocols include Jupiter Perpetual Exchange, GMX Solana, Phoenix Perp, TurboFlow Perps, Bumpin Trade, Cardboard Trade, Parcl V3, Drift Trade, Lavarage, and Wasabi Perps.
How much perpetual futures volume does BULK process?
BULK processed $887.66m in perpetual futures volume over the past 30 days.

