#strategy

Deposit rank 45 put $120K in the BULK vault and earned 6,302 AURA — 3,253 from referrals, 3,049 from its own capital. The referral half out-earned the deposit half without spending a dollar more. The math, the case, and how to run it.

The 11 mistakes that liquidate beginner perps traders — over-leverage, no stop-loss, revenge trading — and the exact fix for each one.

Risk management — not prediction — keeps perp traders alive. Master the 1% rule, stop-losses, R-multiples, and leverage sizing before your next trade.

At $27.7M TVL, a $100 USDC deposit earns 3.6 AURA per week. One referred friend who deposits $200 earns you 2 AURA per week — permanently. As TVL grows, deposit AURA per dollar shrinks. Referral AURA does not. Here is the math that changes your strategy.

BULK Exchange was co-founded by Kobie McGlashan (CEO, goes by kdot) and Junaid Peer (CTO, goes by Jun/junbug_sol), backed by an $8M seed round including Solana co-founder Anatoly Yakovenko as an angel investor. Here is what is publicly known about the team, the funding, and protocol history.

BULK Exchange pre-deposits are held in a publicly verifiable Solana program vault. No published third-party audit exists as of June 2026. Here is what the architecture actually covers and how to think about pre-mainnet protocol risk.