Total Value Locked$8.16m
TVL by Chain
Solana$8.16m
Key Metrics
Fees 30d$428,647
Fees 30d by chain
BULK$428,647
Fees 7d$166,800
BULK$166,800
Fees 24h$7,898
BULK$7,898
Cumulative Fees$638,252
BULK$638,252
Revenue 30d$269,725
Revenue 30d by chain
BULK$269,725
Revenue 7d$105,419
BULK$105,419
Revenue 24h$4,894
BULK$4,894
Cumulative Revenue$403,869
BULK$403,869
Perp Volume 30d$867.83m
Perp Volume 30d by chain
BULK$867.83m
Perp Volume 7d$177.26m
BULK$177.26m
Perp Volume 24h$24.53m
BULK$24.53m
Cumulative Perp Volume$1.516b
BULK$1.516b
Open Interest$15.06m
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 APY5.02%
Competitors
BULK history
TVL is the default DefiLlama definition. Daily values are UTC snapshots from Jun 8, 2026 to Oct 28, 2026.
All-time high TVL: $40.61m on Jun 20, 2026. All-time low TVL: $7.7m on Sep 22, 2026.
Daily TVL, Sep 29, 2026 to Oct 28, 2026
| Date | TVL |
|---|---|
| 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 |
| Oct 28, 2026 | $8.42m |
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 28, 2026 (latest) | $8.42m |
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) | $399,850 | $252,001 |
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 28, 2026, BULK has $8.16m in total value locked. TVL has increased 2% 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 $428,647 in fees. Of that, $269,725 was protocol revenue. Based on the trailing year, the annualized rate is $4.4m in fees and $2.78m 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 $1.972b across 427 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 $867.83m in perpetual futures volume over the past 30 days.

