According to Bullbit, the decentralized perpetual futures exchange launched $BUBI on June 23, with a fixed maximum supply of 4 billion tokens operating on Base L2 under the ERC-20 standard. Initial circulating supply is 300 million tokens (7.5% of total), while the token will be listed on BingX on the same day.
Tokenomics allocate 55% (2.2 billion tokens) to Ecosystem & Airdrop, 13% to the development team, and 32% combined to Staking, Treasury, Liquidity, and Advisor roles, all subject to long-term vesting. $BUBI holders unlock exclusive Trading Tiers with fee discounts, higher referral commissions, and voting rights on protocol parameters. The token will serve as staking reward for validators and native gas on the upcoming BullChain network.