What is Bullbit Perp Dex?

Bullbit is a perpetual decentralized exchange (perp DEX) aiming to solve the Blockchain paradox, combining centralized exchange performance with decentralized security, making on-chain trading feel simple and effortless.

Bullbit is currently built on Base Layer 2, and will migrate to its sovereign Layer 1, known as BullChain. The transition gives the platform full control over consensus parameters, gas mechanics, and infrastructure, eliminating dependency on external chains.

Bullbit has been audited by Certik, Verichains, QuillAudits, and Hacken.

What is $BUBI?

$BUBI is the utility and governance token of Bullbit. $BUBI currently operates as an ERC-20 token on Base, where traders can already use it to pay transaction fees. Once the migration to BullChain L1 is complete, $BUBI will become the network's native gas token, with enhanced staking mechanics and deeper protocol integration.

Token specs: - Fixed supply: 4,000,000,000 BUBI - Standard: ERC-20 on Base → native token on BullChain - Utilities: DAO governance, staking, fee discounts, and future gas on BullChain.

What Technology Does Bullbit Use?

Bullbit's in-memory CLOB matches orders in RAM, processing up to 10,000 transactions per second with latency under 50ms. Matched trades are batched and settled on Base, and users can verify their transaction hashes on Basescan. Account Abstraction smart wallets enable Passkey login (Face ID, Touch ID or device passcode), with gas sponsored for new users and during incentive programs.

As Bullbit migrates to BullChain L1, these technologies will be optimized at the consensus layer with native Account Abstraction embedded directly into the blockchain.

What Trading Features Does Bullbit Offer?

Bullbit offers perpetual futures on crypto assets with up to 150x leverage, using a tiered margin system in which maximum leverage decreases as position size increases. The platform also offers RWA perpetuals on commodities, stocks and ETFs with up to 50x leverage. Copy Trading allows followers to automatically replicate the trades of selected Trading Masters, with each Master's performance history visible on the platform.

How Many BUBI Tokens Are There in Circulation?

BUBI has a fixed total supply of 4,000,000,000 tokens. At the Token Generation Event (TGE), 300,000,000 BUBI (7.5% of total supply) were unlocked and entered circulation.

Further tokens are released according to the following vesting schedules: https://bullbitperpdex.gitbook.io/bullbit-docs/tokenomics/tokenomics/allocation-and-vesting-schedule

Where Can I Buy Bullbit (BUBI)?

$BUBI is currently available for trading on BingX and LBank.

Related CMC AI Articles

• https://bullbit.ai/blog/en/introducing-bubi
• https://bullbit.ai/blog/en/bullbit-completes-certik-smart-contract-audit
• https://bullbit.ai/blog/en/why-bullbit-chose-base
• https://bullbit.ai/blog/en/how-to-trade-on-bullbit