BULK Genesis Phase: 30 Days of 0 BPS Maker Fees — What Traders Need to Know

The BULK Genesis Phase is the first 30 calendar days of BULK Exchange mainnet, during which maker fees are 0 bps at all eight volume tiers. Taker fees remain 2.2–3.5 bps and liquidation fees stay $0. It is the best trading conditions BULK will ever offer — free to post, paid to trade — and it starts the moment mainnet goes live.

Missing the window costs real money: every day you are not posting resting orders during Genesis is a day you are paying fees you could have avoided. The phase ends 30 days after launch with no extension — the traders who are ready on day 1 capture the entire window.

This guide covers what the Genesis Phase is, who it benefits, how to trade inside it without paying taker fees, and what fees revert to when it ends.

What Is the BULK Exchange Genesis Phase?

The Genesis Phase is BULK’s liquidity-bootstrapping promotion: for the first 30 calendar days after mainnet launch, maker fees are 0 bps across all eight volume tiers. No tier qualification is required — a new account posting its first limit order pays the same 0 bps as an institutional market maker.

The comparison above comes from BULK’s published fee schedule. During Genesis, only maker fees change from full launch conditions — taker fees, liquidation fees, and funding mechanics stay identical.

Why Did BULK Build a Zero-Fee Genesis Phase?

The Genesis Phase is a subsidized liquidity-provision window. A new CLOB exchange’s hardest problem is the cold-start: market makers will not quote aggressively into an empty book, and takers will not trade into wide spreads. BULK removes the maker-side cost barrier for exactly 30 days so that:

• Market makers can post resting orders at zero cost. Every filled maker order earns the spread without fee drag — effectively subsidized liquidity provision.
• Limit-order traders who post ALO (add-liquidity-only) orders pay zero fee on fills. Passive execution is free for the full month.
• Takers see tighter spreads because market makers quote more aggressively when they are not paying to provide liquidity.

This is the same structure that worked for Hyperliquid. Hyperliquid’s early traders paid near-zero fees during its equivalent window and accumulated points at 3–5x the rate of later participants — the liquidity that early subsidized window seeded is what carried its order book to $1B+ daily volume.

Who Benefits from the Genesis Phase?

Market makers — highest benefit

Zero cost to rest, full spread on every fill. The 30-day window is effectively free inventory placement, which is why professional market makers treat Genesis windows as a race to get positioned before the 0 bps rate expires.

Limit-order traders — highest fee savings

Any filled limit order posted as ALO incurs zero fee. For traders who run range strategies, TWAPs, or mean-reversion plays this turns a 2.2–3.5 bps taker cost into 0 bps per round trip.

Takers — indirect benefit

Takers still pay 2.2–3.5 bps, but they get tighter spreads than they will after Genesis, because the zero-maker-fee promotion attracts quoting activity. On a CLOB, spread quality is the real cost — the fee is secondary. During Genesis, both compress in the trader’s favor.

How to Trade Inside the Genesis Phase Without Paying Taker Fees

The full 30-day window can be traded passively at 0 bps if you never take:

1. Post ALO limit orders. BULK’s ALO order type is add-liquidity-only — it never crosses the spread, but any fill is maker-executed and therefore 0 bps during Genesis.
2. Use sub-accounts for separate strategies. BULK supports up to 64 sub-accounts per master wallet with gasless transfers between them. Run maker strategies in dedicated sub-accounts to keep passive fills isolated from active positions.
3. Understand the trade-off. Maker-first execution means you may not always get filled. The 0 bps maker rate is a subsidy for patience, not a free taker alternative — market orders still pay 2.2–3.5 bps.

What Happens After the Genesis Phase Ends?

At the end of the 30-day window, maker fees revert to the standard schedule of −2.0 to +2.0 bps depending on volume tier. The highest tiers receive negative maker rebates (paid to post liquidity); the lowest tiers pay up to +2.0 bps to post.

The Genesis window is the only period in BULK’s published fee schedule where 0 bps maker applies to every tier simultaneously. Treat it as a one-time event, not a baseline.

Related Reading

• BULK Exchange Mainnet Launch: What Changes at Mainnet
• BULK Exchange Fee Structure
• BULK Order Types & ALO Mechanics
• BULK Sub-Accounts Guide
• BULK Mainnet Trading AURA Guide

Pre-deposit now → your USDC becomes live trading margin at mainnet, in time for the Genesis Phase.