Total Value Locked$8.34m
TVL by Chain
Solana$8.34m
Key Metrics
Fees 30d$458,905
Fees 30d by chain
BULK$458,905
Fees 7d$177,326
BULK$177,326
Fees 24h$2,358
BULK$2,358
Cumulative Fees$621,207
BULK$621,207
Revenue 30d$288,338
Revenue 30d by chain
BULK$288,338
Revenue 7d$111,993
BULK$111,993
Revenue 24h$1,459
BULK$1,459
Cumulative Revenue$393,013
BULK$393,013
Perp Volume 30d$928.63m
Perp Volume 30d by chain
BULK$928.63m
Perp Volume 7d$200.3m
BULK$200.3m
Perp Volume 24h$25.46m
BULK$25.46m
Cumulative Perp Volume$1.477b
BULK$1.477b
Open Interest$14.5m
Total Raised$8m
Sep 24, 2025$8mRound: SeedInvestors: Robot Ventures, 6th Man Ventures, Chapter One, Mirana Ventures, Wintermute Ventures, Big Brain Holdings, Anatoly Yakovenko
Protocol Information
BULK is a Solana perpetuals DEX built for ultra-low-latency derivatives trading with sub-20ms matching and high-throughput execution
Methodology
TVL: Counts USDC held in BULK's Solana mainnet custody vault, which backs collateral deposited for trading and margin.View code on GitHubFees: Taker trading fees measured from daily changes in BULK mainnet cumulative fee settlement.View code on GitHubRevenue: Net fee settlement after realized maker rebates during the sampling window.View code on GitHubPerp Volume: Notional volume of all trades including leverage on the perp exchangeView code on GitHubYields
Pools Tracked1
Average Supply APY4.98%
Competitors
BULK history
TVL is the default DefiLlama definition. Daily values are UTC snapshots from Jun 8, 2026 to Oct 25, 2026.
All-time high TVL: $40.61m on Jun 20, 2026. All-time low TVL: $7.7m on Sep 22, 2026.
Daily TVL, Sep 26, 2026 to Oct 25, 2026
| Date | TVL |
|---|---|
| Sep 26, 2026 | $8.03m |
| Sep 27, 2026 | $8.06m |
| Sep 28, 2026 | $8.01m |
| Sep 29, 2026 | $7.88m |
| Sep 30, 2026 | $7.99m |
| Oct 1, 2026 | $7.92m |
| Oct 2, 2026 | $7.92m |
| Oct 3, 2026 | $7.87m |
| Oct 4, 2026 | $7.86m |
| Oct 5, 2026 | $7.89m |
| Oct 6, 2026 | $7.89m |
| Oct 7, 2026 | $7.83m |
| Oct 8, 2026 | $7.85m |
| Oct 9, 2026 | $7.83m |
| Oct 10, 2026 | $7.83m |
| Oct 11, 2026 | $7.8m |
| Oct 12, 2026 | $7.87m |
| Oct 13, 2026 | $7.89m |
| Oct 14, 2026 | $7.9m |
| Oct 15, 2026 | $7.91m |
| Oct 16, 2026 | $7.91m |
| Oct 17, 2026 | $8.14m |
| Oct 18, 2026 | $8.14m |
| Oct 19, 2026 | $8.19m |
| Oct 20, 2026 | $8.29m |
| Oct 21, 2026 | $8.23m |
| Oct 22, 2026 | $8.27m |
| Oct 23, 2026 | $8.32m |
| Oct 24, 2026 | $8.3m |
| Oct 25, 2026 | $8.36m |
TVL at each month end, Jun 2026 to Oct 2026
| Date | TVL |
|---|---|
| Jun 30, 2026 | $40.05m |
| Jul 31, 2026 | $31.75m |
| Aug 31, 2026 | $20.35m |
| Sep 30, 2026 | $7.99m |
| Oct 25, 2026 (latest) | $8.36m |
Fees and revenue by UTC calendar month, Sep 2026 to Oct 2026
| Month | Fees | Revenue |
|---|---|---|
| Sep 2026 | $246,300 | $156,762 |
| Oct 2026 (to date) | $374,907 | $236,251 |
The .csv export on the chart above downloads every daily value. The same data is in the public API: https://api.llama.fi/protocol/bulk
Frequently asked questions
What is BULK's TVL?
As of Oct 25, 2026, BULK has $8.34m in total value locked. TVL has increased 3.2% over the past 30 days.
What chains does BULK operate on?
BULK operates on 2 chains: Solana and BULK. Solana holds the largest share at 100%.
How much has BULK generated in fees and revenue?
Over the past 30 days, BULK generated $458,905 in fees. Of that, $288,338 was protocol revenue. Based on the trailing year, the annualized rate is $4.52m in fees and $2.86m in revenue.
How does BULK's TVL compare to similar protocols?
Among Derivatives protocols tracked by DefiLlama, BULK ranks #24 by TVL. The category holds $1.968b across 425 protocols, and BULK accounts for 0.4% of that total. Similar protocols include Jupiter Perpetual Exchange, GMX Solana, Phoenix Perp, TurboFlow Perps, Bumpin Trade, Cardboard Trade, Parcl V3, Drift Trade, Lavarage, and Wasabi Perps.
How much perpetual futures volume does BULK process?
BULK processed $928.63m in perpetual futures volume over the past 30 days.

