Bullpen
Bullpen Labs operates a non-custodial crypto trading app that unifies token spot trading, perpetual futures, and Polymarket prediction markets into a single mobile interface. Founded in 2025 in New York City, it serves active retail crypto traders through a self-serve, social-discovery model.
- Company typePrivate
- Founded2025
- HeadquartersNew York City, United States
- Headcount11–50
- GTM typeB2C
- OfferingSoftware
What Bullpen does
Bullpen Labs, Inc. operates a non-custodial cryptocurrency trading application that unifies token spot trading, perpetual futures (via Hyperliquid), and Polymarket prediction markets within a single mobile-friendly interface. Founded in 2025 and headquartered in New York City, the platform targets active crypto traders seeking to consolidate fragmented onchain workflows across spot, perps, and event-based markets. The technology stack is built on Solana and integrates Jupiter Ultra for execution optimization (priority fees, Jito tips, slippage controls), Turnkey for enterprise-grade key management, and supports both SVM and EVM wallets in one account model.
The company monetizes primarily through transaction fees on token swaps routed via third-party decentralized exchanges, while publicly positioning the platform around "no extractive platform fees" for core trading functionality and free advanced order types (limit, DCA). A $BULL points program gamifies social sharing of trades on X but lacks a clearly disclosed utility or token economics structure. Secondary products include a Telegram-integrated Bullpen Bot for mobile execution, the Bullpen Blog (an extensive educational content hub), and the Bullpen Brief newsletter distributed via Telegram. The platform pursues a product-led growth and community-led GTM model — leveraging social leaderboards, follower systems, verified PnL attribution, and influencer co-marketing rather than traditional sales.
The company raised a seed round on December 9, 2025, led by 6th Man Ventures with participation from Delphi Ventures, Karatage, Manifold, Sparta, and Temporal. Distribution is anchored by high-reach crypto influencer partnerships — Banks and Ansem, with combined social audiences exceeding 10 million followers, co-host the Market Bubble podcast series presented by Polymarket and launched in partnership with HardScope in April 2026. Operating with 11–50 employees, Bullpen is targeting active retail and semi-pro crypto traders rather than enterprise or institutional customers.
Bullpen firmographics
Firmographics- Name
- Bullpen
- Legal name
- Bullpen Labs, Inc.
- Website
- https://bullpen.fi
- Company type
- Private
- Founded year
- 2025
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- Bullpen Labs operates a non-custodial crypto trading app that unifies token spot trading, perpetual futures, and Polymarket prediction markets into a single mobile interface. Founded in 2025 in New York City, it serves active retail crypto traders through a self-serve, social-discovery model.
- Ownership category
- akta.pro rank
Bullpen industry classification
Industry- Product category
- Crypto Trading Platform
- NAICS
- Securities, Commodity Contracts, and Other Financial Investments and Related Activities (523), Commodity Contracts Intermediation (523160)
- SIC
- Commodity Contracts Brokers & Dealers (6221), Security & Commodity Brokers, Dealers, Exchanges & Services (6200)
- akta.pro primary industry
- Digital Asset/Crypto Trade Execution Platforms (FSAFANAO)
- akta.pro secondary industries
- Derivatives Trading Venues (perps, futures, options) (FSAPADAE), Prediction Markets & Event Derivatives (Crypto) (FSADAGAG), Stablecoins & On-Chain Money (fiat-backed, crypto-backed, algorithmic; issuance/redemption) (FSAPAEAB)
Keywords
Where Bullpen is headquartered
LocationHeadquarters
- HQ city
- New York City
- HQ country
- United States
- HQ region
- North America
Offices1 record
Markets served
Bullpen business model
Business model- GTM type
- B2C
- Offering type
- Software
- Cost components
- Personnel, Technology or R&D, Marketing or Sales, Operations, Infrastructure
Revenue model
- Swap/Trading Fees: Fees are charged for access to Functionality including fees charged on token swaps executed on third-party exchanges via the Swap Function. Fee mechanics vary with frequency, venue, and priority bidding.
- $BULL Points Program: Users earn $BULL points for sharing trades to X, which may have future utility within the platform ecosystem.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Transaction based/ take rate | Pay-as-you-go | Standard Trading |
| Freemium | Pay-as-you-go | Core Trading Features |
Go-to-market motion2 records
Distribution channels2 records
Marketing channels6 records
Bullpen product offering
Product offeringCore offering
Bullpen operates a non-custodial, unified onchain trading application that lets users trade tokens, perpetual futures (via Hyperliquid), and prediction markets (via Polymarket) from a single mobile-friendly interface. Execution is powered by Jupiter Ultra with real-time optimization of transaction landing, priority fees, Jito tips, and slippage, alongside MEV protection and Turnkey-secured key management. The platform layers in social discovery via leaderboards, trader following, and $BULL points for sharing alpha on X.
Product overview
Bullpen is a unified crypto trading platform consolidating token spot trading, perpetual futures (perps), and Polymarket prediction markets into a single non-custodial app. The core product, the Bullpen App, is supplemented by the Telegram-integrated Bullpen Bot for mobile access and on-the-go trade execution. The platform provides social discovery features including live leaderboards, verified PnL attribution, and trader following functionality, allowing users to track and replicate top performers' trades. Execution is powered by Jupiter Ultra and Hyperliquid, while security is handled by Turnkey's enterprise-grade key infrastructure. Educational content is delivered through the Bullpen Blog (articles on prediction markets, trading strategies, tokenomics) and the Bullpen Brief newsletter distributed via Telegram.
Differentiator
Problem solved
Functional benefit
Products and services
- Bullpen App Unified non-custodial onchain trading application that lets individual crypto traders buy and sell tokens, trade perpetual futures, and trade prediction markets from a single mobile-friendly interface. Built on Solana with SVM + EVM wallet support, executed via Jupiter Ultra and Hyperliquid, secured by Turnkey, and layered with social discovery via public PnL leaderboards, trader following, and $BULL points for sharing alpha on X.
- Bullpen Bot Telegram-integrated application that allows users to establish Bullpen accounts with Turnkey-based key management, pull data from decentralized applications (Dapps), view blockchain network addresses, broadcast transactions, and initiate peer-to-peer token swaps using third-party Dapp routing. Designed for mobile, on-the-go trade execution alongside the main Bullpen App.
Quantifiable outcome
- 10x faster and 10x cheaper execution compared to alternatives
Companies that use Bullpen
Customer profileSegments3 records
Ideal customer profiles3 records
Bullpen technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Integration5 records
Feature7 records
Bullpen partnerships and signals
Strategic signalPartnerships
Seven partnerships are on record, tiered core and minor.
- HardScopecoreHardScope, a creator-led media company, collaborated with Bullpen Labs to launch 'Market Bubble,' the internet's first original series dedicated to prediction market discourse. The podcast is presented by Polymarket and hosted by Banks and Ansem with combined social audiences exceeding 10 million followers. The partnership combines HardScope's format creation and creator talent packaging with Bullpen's deep expertise in the prediction market ecosystem.
- PolymarketcorePolymarket, the world's largest prediction market, is integrated into Bullpen's platform and is the presenting partner for the Market Bubble podcast series. Bullpen provides unified access to Polymarket prediction markets alongside tokens and perpetuals in a single interface.
- Jupiter UltracoreJupiter Ultra provides the execution engine powering Bullpen's world-class trading execution with real-time transaction optimization, including priority fees, Jito tips, and slippage controls.
- HyperliquidcoreHyperliquid provides perpetual futures execution and onchain data including net positioning, open interest, and volatility metrics. Powers the Hyperliquid Insights feature in Bullpen.
- TurnkeycoreTurnkey provides enterprise-grade infrastructure for managing private keys with an air-gapped architecture. Bullpen's non-custodial security is powered by Turnkey, enabling users to establish accounts and manage digital assets with recovery via email and/or Passkeys.
- BanksminorCrypto influencer with significant social following, co-host of the Market Bubble podcast series presented by Polymarket.
- AnsemminorCrypto influencer and content creator, co-host of the Market Bubble podcast series and author of Polymarket-related educational content on Bullpen's blog.
Scale indicators2 records
Recent moves6 records
Expansion highlights6 records
Bullpen competitors and assessment
Company assessmentDirect peers
- Drift Protocol: Solana-based perpetual futures DEX with spot and prediction-market ambitions — directly comparable on-chain trading venue serving the same Solana retail trader base.
- dYdX: Decentralized perpetuals exchange with its own app and order book; comparable in perps trading and increasingly in social/copy-trading features.
- Backpack: Non-custodial exchange and wallet on Solana with spot, perps, and an integrated app experience — comparable multi-asset offering and similar Solana-first, self-custody positioning.
- Jupiter: Leading Solana DEX aggregator whose routing engine Bullpen white-labels via Jupiter Ultra; Jupiter is simultaneously a partner and a competitive threat as it expands into perps and a full trading app.
- DexScreener: Token discovery and smart-money tracking platform whose 'whales,' 'runners,' and chart analytics overlap directly with Bullpen's Runners, Whales, and Hyperliquid Insights features.
- Zeta Markets: Solana-native perpetuals DEX with a consumer app experience — directly comparable perps offering for the same onchain retail segment.
- Phantom: Solana-native non-custodial wallet with built-in swap, perps, and NFT trading — the closest direct competitor in the unified onchain retail interface category that Bullpen targets.
Broad incumbents
- Polymarket: Largest prediction market and Bullpen's presenting partner on Market Bubble; overlaps with Bullpen on prediction-market UX and could itself launch a multi-asset interface that subsumes Bullpen's role.
- Hyperliquid: Dominant onchain perpetual futures venue whose execution layer Bullpen integrates; comparable in perps trading and increasingly comparable as Hyperliquid expands its own UI and token-discovery features.
Emerging players
- Banana Gun: Telegram-based Solana trading bot with strong retail mindshare; comparable Solana retail flow and a competing mobile-first trading entry point that pulls users away from full-app experiences.
Market position
Strengths4 records
Weaknesses4 records
Competitive moat5 records
Key risks6 records
Key highlights6 records
Customer concentration
Bullpen social profiles
Digital presenceBullpen financial estimates
Financial estimateRevenue estimate
Valuation estimate
Bullpen leadership team
Management profileNumber of profiles
Profiles1 record
Bullpen funding detail
Funding detailFunding overview
Funding rounds1 record
Investors6 records
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Bullpen M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Bullpen
What does Bullpen do?
Bullpen operates a non-custodial, unified onchain trading application that lets users trade tokens, perpetual futures (via Hyperliquid), and prediction markets (via Polymarket) from a single mobile-friendly interface. Execution is powered by Jupiter Ultra with real-time optimization of transaction landing, priority fees, Jito tips, and slippage, alongside MEV protection and Turnkey-secured key management. The platform layers in social discovery via leaderboards, trader following, and $BULL points for sharing alpha on X.
Is Bullpen a public or private company?
Bullpen is a private company. It is classified as venture growth investor backed and is currently operating.
When was Bullpen founded?
Bullpen was founded in 2025. It employs 11 to 50 people.
Where is Bullpen based?
Bullpen is headquartered in New York City, United States, in the North America region.
How does Bullpen make money?
Two revenue lines are on record. Swap/Trading Fees are the primary driver. The others are $BULL Points Program.
Who are Bullpen's main competitors?
Direct peers on record are Drift Protocol, dYdX, Backpack, Jupiter, DexScreener, Zeta Markets and Phantom. Broad incumbents are Polymarket and Hyperliquid. Banana Gun is listed as an emerging player.
Does Bullpen have an API?
No public API is recorded for Bullpen.
What industry is Bullpen in?
Bullpen's product category is Crypto Trading Platform. Its primary akta.pro industry code is FSAFANAO, Digital Asset/Crypto Trade Execution Platforms, with a secondary code of FSAPADAE, Derivatives Trading Venues (perps, futures, options). Its NAICS code is 523 and its SIC code is 6221.