The advanced BULK AURA farming play most people are missing: loop PT-BulkSOL on Loopscale for up to 40% APY while stacking weekly AURA from BulkSOL exposure.
BULK Season 1 launched June 1, 2026 with pre-deposits open at early.bulk.trade/deposit. Mainnet date not yet announced. When it launches: real capital, Genesis Phase (0 maker fees for 30 days), and BulkSOL starts earning exchange fees.
The BULK Exchange leaderboard ranks traders by realized PnL, volume, and Aura points during the testnet phase. This page explains the scoring categories, where to find the live board, and how leaderboard rank likely feeds into the airdrop multiplier.
The BULK Exchange paper trading competition ran May 19–28, 2026 with $50,000 in prizes. This page covers how the ranking system worked, the sub-account meta that most participants missed, and how to use the testnet now that the competition has closed.
GMX is the most established perp DEX outside of Hyperliquid, with billions in TVL and years of live trading. BULK Exchange targets a fundamentally different architecture. This comparison covers execution model, fees, capital efficiency, and why the two serve different traders.
BULK Exchange charges 2.2–3.5 bps taker and offers maker rebates up to −2.0 bps. Genesis Phase gives every trader zero maker fees for the first 30 days of mainnet. No liquidation fees, no PFOF, no hidden spread costs.
1M AURA distributes every week. Formula: USDC deposited × time held. Every Saturday you're not in is AURA you can't recover.
Minimum $10 · Withdrawable anytime · Converts to trading margin at mainnet