TREE NEWS update: Solana-based perp DEX BULK launched its mainnet in invite-only mode on September 5, ending its pre-deposit campaign and converting users’ deposited USDC into trading margin. The project is now in a Genesis phase running through October 5 with zero maker fees and AURA points. BULK had raised an $8 million seed round led by 6th Man Ventures and Robot Ventures.
BULK Launches Invite-Only Mainnet on Solana After $8M Seed Round
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AI take
The invite-only launch, following an $8 million seed round, signals that BULK is prioritising liquidity quality over open access in its early phase. The zero maker fees and points programme during the Genesis window are a bid to seed order books before wider competition begins. The question worth watching is whether the project can sustain trader activity once incentives taper and the invite gate lifts.
Generated by AI for reference only.
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