BULK Season 1 Launched June 1: Pre-Deposit, AURA, and Referrals Are Live

BULK Season 1 launched June 1, 2026. Pre-deposits are live, referral codes are live, and 1 million AURA is being allocated every week until the exchange opens on mainnet. The formula is confirmed: USDC deposited × time held. The longer you stay, the more AURA you earn.

This is the launch-day record of what went live and what was confirmed. For the complete strategy playbook covering all four AURA vectors, see the BULK Season 1 AURA Guide.

Everything below comes from official BULK communications on June 1, 2026.

What Is the Pre-Deposit?

Pre-deposits are USDC holdings placed on the BULK Exchange platform before mainnet goes live. They are not locked: you can withdraw at any time. When the exchange opens, your deposited USDC automatically becomes usable margin in your trading account.

Key details:

• Deposits are made in Solana USDC
• Minimum: $10 USDC
• Maximum: $5,000,000 USDC per account
• Withdrawable by the depositor at any time
• Pre-deposits convert to trading margin at mainnet launch

The mainnet waitlist is ranked by pre-deposit amount. Depositing more moves you up the queue for early access at launch.

How AURA Works in Season 1

AURA is BULK’s points system. The mechanics are now confirmed.

Weekly allocation: 1 million AURA will be distributed each week until the exchange goes live on mainnet. BULK community lead Kobie confirmed in Discord that the campaign will “probably go at least 2 quarters” — the Season 1 window is a multi-month program, not a short sprint before imminent mainnet.

Who receives AURA:

• Pre-depositors receive the majority of weekly AURA
• Referrers receive a significant portion based on their referrals’ deposits
• BulkSOL holders and stakers continue to receive AURA each week

The formula: Each Saturday starting June 6, 2026, AURA is allocated based on the total amount of USDC held on BULK multiplied by time held. Duration matters — the longer you hold, the more AURA accrues.

The practical implication: Depositing early and holding continuously maximizes your AURA. Withdrawing and re-depositing resets your time-held clock on those funds.

The Referral Program Is Live

Referral codes are now available to all users in the Pre-Deposit Dashboard at early.bulk.trade/deposit.

Referral mechanics (confirmed):

• Your referral must deposit and hold $100 or more to be eligible — accounts below $100 do not count
• When an eligible referral holds through the weekly snapshot, you earn AURA for that referral
• If a referral withdraws before the snapshot, you receive no AURA for that deposit that week
• There is no cap on the number of referrals

The snapshot time is 13:00 UTC every Saturday — make sure funds are in before then.

Use code yeti to get started: early.bulk.trade/deposit?ref=yeti

The First AURA Allocation: 500,000 Retroactive

Before the weekly cadence begins, BULK made a retroactive allocation of 500,000 AURA on June 1, 2026.

A snapshot was taken on May 31, 2026. Eligible wallets included:

• BulkSOL native stakers (holding BulkSOL through Titan Exchange)
• BulkSOL holders on Exponent Finance, Loopscale, and P0
• Alphanet participants (early access users)
• Paper trading competition participants (the $50,000 competition that ran May 19–28)
• OG and Contributor Discord role holders

If your wallet was active in any of these campaigns, check your AURA balance at early.bulk.trade/deposit. The balance is visible in the Pre-Deposit Dashboard.

Missed this snapshot? The weekly allocations start June 6 — the retroactive drop was one-time, but the ongoing program runs until mainnet.

Where the Money Actually Sits

As of June 3, 2026, the BULK program vault holds $14,206,438 USDC across 4,356 on-chain depositor accounts, verifiable on-chain at program address BULK2CNYn3mbgfYXEXiBBFxmmDChznpjQ4oRfce8w6R4. Deposits are flowing in continuously — transactions settle to the vault every 20–120 seconds throughout the day.

The gap between the API-reported 4,575 wallets and the 4,356 on-chain accounts represents approximately 219 wallets that deposited and then fully withdrew. They exist in historical records but have no active on-chain state and are receiving zero AURA.

What to Do Right Now

Season 1 rewards holding time. The earlier you deposit, the more Saturday allocations you accumulate before mainnet. Here is the priority order:

1. Deposit USDC

Go to early.bulk.trade/deposit, connect your Solana wallet, and deposit USDC. The minimum is $10. Deposit what you are comfortable holding — remember it is withdrawable at any time, and will become your trading margin at launch.

2. Get your referral code

Once you’ve deposited, find your unique referral code in the Pre-Deposit Dashboard. Share it. Every $100 your referrals hold through the weekly snapshot earns you 1 AURA.

3. Hold through Saturday snapshots

AURA is allocated each Saturday starting June 6. The formula rewards continuous holding. Withdrawals reduce your USDC × time calculation going forward.

4. Keep BulkSOL exposure

BulkSOL holders continue to receive AURA in Season 1. If you hold BulkSOL on Exponent, Loopscale, or through Titan, you are still earning alongside your pre-deposit. See BulkSOL staking guide for the mechanics.

AURA Allocation Calendar

Risk Disclosure

What is confirmed:

• 1 million AURA allocated weekly (officially announced June 1, 2026)
• Pre-deposits are withdrawable at any time (BULK official communication)
• Formula: USDC × time held (officially confirmed)
• Referral rate: 1 AURA per $100 (officially confirmed)

What is not confirmed:

• The AURA-to-BULK-token conversion rate at TGE has not been published
• The total BULK token supply and vesting schedules are not fully documented
• Snapshot time: 13:00 UTC every Saturday
• Mainnet launch date is not officially confirmed

Pre-deposits carry the standard risks of any pre-launch product. USDC is withdrawable at any time, which limits lock-up risk. AURA points do not guarantee any specific token allocation. This is not financial advice.

Frequently Asked Questions

Can I lose my pre-deposit? Pre-deposits are in USDC and withdrawable by you at any time. There is no lock-up. The primary risk is smart contract risk, which exists for any on-chain program.

Does holding more USDC earn proportionally more AURA? Yes. The formula is USDC held × time held. $1,000 held for one week earns 10× more than $100 held for one week, and 2× more than $500 held for one week.

What happens to my pre-deposit at mainnet? It converts to usable margin in your BULK Exchange trading account automatically.

Can I withdraw and re-deposit to game the timeline? You can withdraw and re-deposit freely, but doing so resets your time-held calculation for those funds. Continuous holding is always optimal.

Where do I find my referral code? In the Pre-Deposit Dashboard at early.bulk.trade/deposit after connecting your wallet.

Season 1 strategy hub: BULK Season 1 AURA Guide — multi-vector playbook

Back to cluster hub: BULK Token Airdrop Guide

Related:

• Season 1 AURA Guide — complete strategy playbook
• Pre-Deposit USDC Guide — mechanics and safety in depth
• AURA Points Explained — the AURA system mechanics
• BulkSOL AURA Guide — how BulkSOL holders earn Season 1 points
• BULK Referral Code — use code YETI
• Airdrop Checklist — every action ranked

All facts in this article are sourced from official BULK communications dated June 1, 2026. Updated same-day. Not financial advice.

Pre-deposit now → early.bulk.trade/deposit