kdot | bulk@kdotcrypto
After over 2 years of blood, sweat and sacrifice… Mainnet is imminent.
We have spent an inhumane amount of hours building what we believe to be not only the most complete trading venue in the world... But also infrastructure that will serve as the blueprint for the largest technological advancement for financial products in recent history.
We have come along way since the birth of perpetual contracts, but we are still a considerable distance away from offering an environment that real size is willing to deploy on
In a game of never ending exchanges, the question we have repeatedly asked ourselves is "why would people switch?"
The answer for us is simple, we offer that environment.
For the longest time the debate has been between globally distributed, or fast… And although you absolutely need both, this misses the point entirely.
The heart of an exchange is the risk engine. Where real people trade real money, you must offer the most efficient venue for protecting and enabling capital.
BULK approaches risk management like a tradfi clearing house - precise and robust. Our key differentiator is SPAN style portfolio margining, where every asset has a correlation that adjusts required margin dynamically based on market conditions. A result of this is positions hedge each other resulting in lower margin requirements.
Leading CEXs and DEXs don’t offer anything close to this, but instead they view your portfolio on a per position basis, which puts capital at risk.
For over 3 decades SPAN has been the gold standard for futures and we are brining it on chain.
Liquidations are like precise surgeries where it’s an optimisation being run in realtime. During market momentum bulk removes positions that don’t correlate and reduces your protfolio risk, instead of liquidating an entire position
To build an engine like this is incredibly expensive when it comes to compute, which is why no L1 today is able to offer the same.
There has never been a better environment for someone to disrupt this space and offer an experience that the industry so desperately needs
Competing between ourselves in crypto is too short sighted, as the true TAM for this is EVERYTHING
The best thing about this, is that because we are a complete stack, every market participant from traders and hedge funds to validators and market makers, get to become part of the network and benefit in the growth of it.
As an ecosystem, we have repeatedly told each other not to let the traditional giants come and take everything we have worked so hard to build… This is our chance to see that reality.
We are not only committed, but obsessed with building something truly capable of advancing modern finance on a global scale
One Exchange. Infinite Markets.
