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

Update, September 5, 2026: Season 1 pre-deposits are closed. BULK mainnet launched today; every pre-deposit converted automatically to trading margin, and trading opened invite-only. For current mainnet access and earning mechanics, see what happened to pre-deposit and the mainnet AURA guide.

BULK Season 1 launched June 1, 2026. Pre-deposits went live, referral codes went live, and 1 million AURA was allocated every week until mainnet. The formula was confirmed: USDC deposited × time held. The longer you stayed, the more AURA you earned.

This is the launch-day record of what went live and what was confirmed on June 1, 2026 — preserved here as historical reference. For the current mainnet playbook, see the BULK Season 1 AURA Guide.

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

What the Pre-Deposit Actually Is: Non-Custodial USDC That Earns AURA Each Saturday

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 1M AURA Is Distributed Every Saturday — and Who Gets the Majority

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 were available to all users in the Pre-Deposit Dashboard at app.bulk.trade — this mechanic ran through Season 1’s close on September 5, 2026.

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 $100+ continuously for 72 hours, you earn AURA for that referral (week 2 rule)
• 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: app.bulk.trade/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 app.bulk.trade — it’s visible in your account 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

Snapshot 1 (June 6, 2026): 7,520 depositor accounts, $20.6M TVL. Week 2 (June 9, 2026): 9,544 wallets, $32.4M gross deposited, $4.7M in withdrawals — all verifiable on-chain at program address BULK2CNYn3mbgfYXEXiBBFxmmDChznpjQ4oRfce8w6R4. Late June 2026: $39.5M gross deposited and still climbing. The processed withdrawals confirm the withdrawal mechanism is live and working.

At the week 2 mark, $4.7M (14.5%) of the $32.4M gross deposited had been withdrawn. Withdrawn funds no longer count toward AURA — withdrawing removes you from the weekly snapshot.

What to Do Right Now (Mainnet Is Live)

Pre-deposit is closed — here’s the current priority order instead:

1. Get mainnet access

Go to app.bulk.trade with a referral link or access code. If you pre-deposited, your USDC already converted to trading margin and you have day-1 access.

2. Share your referral link and access codes

Your referral link carried over from Season 1. New referrals now also need an access code, which auto-attaches them to your link. See the current referral guide for the mechanics.

3. Trade during the Genesis Phase

Zero maker fees run through roughly October 5, 2026 (30 days from mainnet launch).

4. Keep BulkSOL exposure

BulkSOL holders continue to earn AURA on mainnet. 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
• Historical snapshot time was 13:00 UTC every Saturday, while pre-deposits were open
• Mainnet launched September 5, 2026 — this is now confirmed, not pending

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 happened to my pre-deposit at mainnet? It converted automatically to usable margin in your BULK Exchange trading account on September 5, 2026 — no action was required.

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 now? In your account dashboard at app.bulk.trade after connecting your wallet — your Season 1 referral link carried over to mainnet.

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

Historical facts in this article are sourced from official BULK communications dated June 1, 2026. Season 1 closed September 5, 2026 at mainnet launch. Not financial advice.

Trade now → app.bulk.trade