Overview
Bullpen provides access to prediction markets, perps, and spot markets from a single interface.
Market Types
Prediction Markets
Event-driven markets with binary outcomes
Polymarket
Perpetuals
Leveraged derivatives with no expiry
Hyperliquid
Spot (Major)
Large-cap tokens listed on Hyperliquid
UNIT / Hyperliquid
Spot (Long-tail)
Any Solana token (SPL and Token2022)
Jupiter Ultra
Support for additional chains is planned for future releases.
Each market type has its own account balance. You can transfer collateral between accounts using the transfer module in the app.
Prediction Markets
Prediction markets let you trade on the outcome of real-world events. Bullpen routes these orders through Polymarket's CLOB.
Key characteristics:
Binary outcomes priced between $0.00 and $1.00
Fully collateralized with USDC.e on Polygon
Smart money discovery, copy trading, and alerts built in
Perpetuals
Perpetual futures let you take leveraged long or short positions on crypto assets. Positions have no expiration date and remain open until you close them or get liquidated.
Key characteristics:
USDC-margined
Up to 50x leverage (varies by asset)
Funding rate payments every hour
Cross or isolated margin modes
Spot Trading
Spot trading means buying and selling the actual underlying asset.
Major assets (BTC, ETH, SOL, HYPE, etc.) trade on Hyperliquid's spot orderbook via the UNIT integration. These offer deep liquidity and tight spreads.
Long-tail assets (any Solana token) route through Jupiter Ultra, which aggregates liquidity across all major Solana DEXs and provides MEV protection.
Order Types
Bullpen supports the full range of Hyperliquid order types for perps:
Market
Limit (GTC, IOC, ALO)
Stop Market / Stop Limit
Take Profit / Stop Loss
TWAP
Scale Orders
Last updated