Bullbit AI Perp DEX

Bullbit AI Perp DEX is the flagship product of the Bullbit ecosystem and the first AI-powered decentralized perpetual futures exchange. More than just a trading platform, it is the definitive answer to the Great Migration from CEX to DEX. The platform is built on a Central Limit Order Book (CLOB) architecture, delivering ultra-fast execution, deep liquidity, and a full suite of professional trading tools.

Advanced Trading Features

The platform replicates and extends the trading experience of CEXs:

• Professional Order Types: Market Orders, Limit Orders, Stop Orders, Post-Only Orders, and more.

• AI Analytics: Embedded AI modules for Market sentiment analysis, volatility shifts, trend identification, and predictive modeling.

• Automated Trading Agents: On-chain trading agents capable of executing algorithmic strategies with real-time responsiveness.

Risk Management & Margin System

Bullbit’s risk management system is designed to provide maximum flexibility for traders while ensuring platform-wide safety.

• Cross-Margin: All available balance in the Perpetual Account is shared across positions. Profit from one position can offset the loss of another.

• Tiered Margin System: The MMR varies by asset risk.

  • Tier 1 (BTC, ETH): 0.50% MMR

  • Tier 2 (SOL, XRP, DOGE): 1% MMR

  • Tier 3 (High Volatility - PEPE, WIF): 2% MMR

  • Tier 4 (New Assets): 5% MMR

Core Trading Definitions & Formulas

To ensure transparency and help traders better calculate their positions, Bullbit provides the following standard definitions:

• Mark Price: Used for liquidation and PnL calculation to prevent price manipulation.

  • Mark Price = Index Price + Funding Basis Adjustment (Ema 300 of Perp Price - IndexPrice)

• Equity: The total value of your account.

  • Equity = Total Account Balance (USDC) + Unrealized PnL

• Unrealized PnL: The current profit or loss of an open position.

  • PnL (Long) = Size * (Mark Price - Entry Price)

• Position Value:

  • PV = Size * Mark Price

• Initial Margin (IM): The minimum capital to open a position.

  • IM = (Position Value / Leverage)

• Maintenance Margin (MM): The minimum equity to keep a position open.

  • MM = Position Value * MM Rate

Trading Fees (Maker/Taker) Bullbit uses a tier-based fee system determined by rolling 14-day volume.

• Maker Orders: Add liquidity (Limit/Post-only).

• Taker Orders: Remove liquidity (Market).