Anatoly Yakovenko Draws Line on Solana Identity Amid BULK Expansion

The friction escalated on October 29 after BULK founder kdot announced a shift toward a multichain model. BULK, which previously focused on the Solana ecosystem, plans to connect collateral from networks including Arc, Tempo, Arbitrum, and HyperEVM to a unified order book and risk management system. Kdot argued that requiring traders to bridge assets to a single chain creates friction, whereas a shared execution layer allows for better liquidity and faster performance.

Yakovenko, who is an investor in BULK, challenged the project's branding. He emphasized that his support for the founders does not equate to an endorsement of their architectural pivot. Maintaining his longstanding stance against layer-2 scaling systems, he insisted that true Solana applications must reside directly on the main L1. For Yakovenko, the trade-off is clear: by building its own execution infrastructure, BULK has effectively migrated away from the Solana ecosystem. While kdot acknowledged the disagreement, he maintained that the platform’s primary goal remains providing seamless trading across various networks, regardless of the underlying settlement layer.