Author
Kael
Independent researcher. Solana DeFi since the SBF implosion. Tracked Hyperliquid from alphanet. Writing about BULK Exchange since the BULKBFT whitepaper dropped.
Background
Kael covers Solana perpetuals markets, liquid staking mechanics, and on-chain data analysis. Focus areas: execution layer architecture, consensus design tradeoffs, and airdrop strategy. Not affiliated with the BULK Exchange team.
Coverage at BuiltOnBulk
- BULK Exchange — what it is and how it works
- BulkSOL — yield mechanics and the four revenue streams
- AURA points — current post-mainnet mechanics and strategy
- BULK vs Hyperliquid — architecture and positioning
- Is BULK Exchange legit? — on-chain verification
- All articles →
Disclosure
Kael is a pseudonymous author. Links on this site to app.bulk.trade use the referral code YETI — disclosed on every relevant post. Referrals earn AURA as referred accounts trade on mainnet. This does not affect analysis — critical findings are published regardless of impact on referral earnings.
Accuracy standards
All protocol facts are sourced from official BULK docs, on-chain data, or verified Discord communications. Speculative claims are labeled as speculative. Posts carry both a publish date and an update date — material changes are reflected within 48 hours.