Solana ecosystem perpetual contract DEX BULK completes $8 million seed round financing

ChainCatcher news, Solana ecosystem perpetual contract DEX BULK has completed a $8 million seed round financing, led by 6th Man Ventures and Robot Ventures, with participation from Big Brain Holdings, Wintermute, and Solana co-founder Anatoly Yakovenko.

According to reports, BULK aims to address issues such as skyrocketing priority fees and network congestion by directly integrating the execution layer into Solana's validator stack. BULK is expected to launch its testnet in the coming weeks and plans to officially launch its mainnet in the fourth quarter.