We are running one of the coolest experiments at
@bulktrade right now
spent last few months stress testing every part of executor (risk matching ledger) through various traffic profiles
At peak we had more than 60k daily active users who placed orders, managed trades and stress tested the system
We also ran a gated trading comp with paper margin to stress test liquidations, margining engine and also collected all the data points to improve our offering.
Our sell is simple - get access to best margining engine in crypto, every single asset live on the platform today offers correlation hedging, reducing your margin requirements on trades up to 70%.
This is the next step in evolution of risk on crypto derivatives, SPAN style margining has been around since 1980 and various exchanges like CME maintain this model to offer the efficiency on your capital.
BULK evolves this model further to bring live regime switching instead of t 1 days offered by CME. This gives traders a reliable mechanism to calculate margin requirements for the next regime without depending on bulk team to disclose it.
Pre deposits are the first step towards awarding our feedback loop and aligning with power users! If you are a trader, mm, fund - go try out true portfolio margining and give us your feedback