BULK Exchange Research
Historical on-chain data from BULK Season 1 (June 1 – September 5, 2026): AURA distribution snapshots, TVL milestones, and depositor analytics from the closed pre-deposit program.
Independent analysis. Not affiliated with BULK Exchange. Season 1's pre-deposit program closed at mainnet launch — the data below is a historical archive. Data sourced from the public depositor leaderboard.
Mainnet Is Live — This Page Is a Season 1 Archive
BULK mainnet launched September 5, 2026. Pre-deposits converted to trading margin, the deposit-and-hold AURA mechanic closed, and AURA is now earned through mainnet trading, BulkSOL, and referrals. The current trading leaderboard (rankings, volume, and PnL) is live at app.bulk.trade.
View Live Mainnet Leaderboard →Snapshot 1 — June 1, 2026 (Retroactive)
First AURA distribution: 500,000 AURA allocated retroactively based on BulkSOL staking, Exponent deposits, testnet participation, and Discord role holders.
Snapshot 2 — June 6, 2026 (First Weekly)
First weekly distribution: 1M AURA allocated. TVL grew from $20.6M to $22.3M gross deposits.
Season 1 Peak — June 25, 2026
The final stretch of BULK's pre-deposit program (closed September 5, 2026 at mainnet launch). 53,343 total entries across 12,218 wallets at the June 25 peak.
- Peak TVL: $39.5M (net — $22.2M withdrawn by early depositors taking profits or rotating strategies)
- Wallet count: 12,218 unique wallets, 53,343 entries (avg ~4.4 entries/wallet)
- Weekly AURA distribution (Season 1): 1,000,000 AURA every Saturday at 13:00 UTC while the program ran
- Top 1 wallet held: $1.54M USDC (2.5M deposited, 1M withdrawn)
- Top 3 wallets hold: ~$4.1M combined (3 wallets over $1M)
- Top 100 wallets control: ~65% of TVL
- Depositor formula: USDC amount × time held — continuous holding optimizes AURA per dollar
- Minimum deposit: $10 · Maximum: $5M per account
Top AURA Holders — Season 1 Peak (June 2026)
Highest AURA accumulators across all sources during the pre-deposit era. These wallets deposited USDC and earned weekly AURA from Season 1's start through the program's close at mainnet launch. Data from the public leaderboard API (page_size=1000, 53K+ total entries).
| Rank | Total AURA |
|---|---|
| 1 | 122,650 |
| 2 | 114,178 |
| 3 | 114,163 |
| 4 | 67,910 |
| 5 | 61,744 |
| 6 | 56,476 |
| 7 | 45,185 |
| 8 | 42,469 |
| 9 | 37,994 |
| 10 | 36,919 |
Key Takeaways
TVL grew from $22.3M to $39.5M in 3 weeks: ~77% growth in net TVL during the pre-deposit program, before it closed at mainnet launch.
Top AURA holders were deposited whales: The top 3 wallets alone represented $1.5M+ in cumulative deposits and 350K AURA by the June peak. These were large depositors who entered early and held continuously through the weekly snapshots.
Referral program grew through Season 1: 7,153 referrals claimed, 6,558 qualified (92% qualification rate by late June, up from 47% in week 2, reflecting the 72-hour hold rule). Wallets with high referral counts (10+) earned significant referral AURA. Referral mechanics shifted to a trading-driven pool at mainnet.
Over 53K entries across 12K wallets: Average ~4.4 entries per wallet, indicating multi-address farming and re-deposit strategies during Season 1.
AURA is earned on mainnet now
Season 1 pre-deposits closed at mainnet launch. Current AURA vectors: mainnet trading volume, BulkSOL holding, and referrals. New traders need a referral link plus a weekly access code.
Trade on BULK Mainnet →Data Sources & Methodology
Data sourced from the public BULK Exchange leaderboard at app.bulk.trade/leaderboard during Season 1's pre-deposit era (June 1 – September 5, 2026). The pre-deposit program is closed; this page is a historical archive and is not updated with new snapshot data. Mainnet trading data is live at app.bulk.trade/leaderboard. TVL estimates combine on-chain deposit amounts. All figures rounded for readability. Raw data and analysis tools available on GitHub.