Piku brings foreign-exchange, arbitrage, and carry strategies on-chain, with emerging-market yield products listed as coming soon.
BULK
Trade markets such as BTC-USD through BULK, a decentralized exchange network that uses its BULKBFT consensus.
About BULK
BULK is a decentralized exchange network for trading markets such as BTC-USD. The directory lists it as using BULKBFT consensus. The homepage describes a leaderless network that combines what it calls institutional-grade execution with a decentralized architecture, and it highlights perpetual trading with up to 40x leverage.
The homepage also describes portfolio margining across all positions, a regime-aware risk engine, and a process for deploying new perpetual markets under the BIP-1 proposal. Its figures, including $20m total value locked, 1M+ actions per second, 20 ms block times, and up to 70% margin savings, are stated on the homepage and are not independently verified in the source. Leverage and margin figures are maximums ('up to'), and the source does not state eligibility or usage restrictions.
Key features
- Trading of perpetual markets, including BTC-USD, on a decentralized network
- Up to 40x leverage, as stated on the homepage
- Portfolio margining across all positions, with stated margin savings of up to 70%
- Regime-aware risk engine with liquidation described as stopping when positions are safe
- 20 ms block times on BULKBFT consensus
- Deployer-owned perpetual market launches described in BIP-1
Best for: Serious market participants who want leveraged perpetual trading on a decentralized exchange, and teams that want to deploy their own markets.
Good for
- Portfolio margining across all positions is presented as a way to reduce margin requirements
- The network reports 20 ms block times on its BULKBFT consensus
- Market deployers can launch markets and attract traders to them, according to the homepage
BULK at a glance
- Website
- bulk.trade
- Category
- Crypto & Blockchain › DeFi Protocols
- Type
- Website
- Pricing
- Not confirmed. Check the site
- Platforms
- Web
- Open source
- Not stated
- Language
- English
- Last checked
- Oct 6, 2026 · Online when checked
- Listed
- Oct 5, 2026
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BULK FAQ
How do I deploy a market on BULK?
The homepage invites visitors to deploy a market and find traders, and directs them to a contact page for that purpose. The source does not describe the deployment steps.
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