$BUBI becomes BullChain native token with Proof of Stake and on-chain governance

Bullbit's roadmap expects $BUBI to become the native token of its BullChain Layer 1 network sometime in the first half of 2027, alongside a move to Proof of Stake and on-chain governance for token holders. The exact date has not been announced and the timing remains tentative.

What is happening

Bullbit, a decentralized perpetual futures exchange, launched the mainnet of BullChain on November 5, 2026, and moved its exchange from Base to the new network. According to Bullbit's published roadmap, the next milestone is for $BUBI to take on the role of BullChain's native token within the first half of 2027. The roadmap pairs this with a transition to Proof of Stake and with on-chain governance for token holders.

BullChain is built on Cosmos SDK with CometBFT consensus, and its capacity is dedicated to Bullbit's order book. The network describes itself as passkey-native: signatures made with Face ID or a fingerprint are recognized directly by the chain, without an intermediary smart contract. Accounts are identified by a Bull ID, and trading messages such as order placement and cancellation do not incur gas fees.

Bullbit launched on Base in the second quarter of 2026 and reports more than $1.2 billion in cumulative trading volume and over 11,000 wallets created. BullChain went through seven months of testing before mainnet, and the BullScan explorer recorded more than 88 million testnet transactions from over 21,000 addresses as of October 26. The mainnet arrived on schedule in the fourth quarter of 2026, in line with the roadmap.

Why it matters

A native token usually underpins how a network is secured and governed. If the roadmap is followed, $BUBI would move from being an exchange-related asset to a token tied to the chain itself, with Proof of Stake and holder voting adding new functions for those who hold it. How staking and governance will be structured has not been detailed in the available sources.

For traders and holders, the key point is that the date is not confirmed: the window covers the whole first half of 2027, and roadmap timelines can shift. The first months of live trading on BullChain are described as the next measure of the dedicated-chain approach, and the network's performance in that period may influence how the token transition is perceived. This is not a forecast of any price effect.

Key details

• Date: first half of 2027 (January 1 - June 30, 2027), quarter-level precision, not confirmed
• Project: Bullbit (BullChain)
• Coins: BUBI
• Category: Mainnet Launch
• Status: Tentative
• Source: https://www.coingabbar.com/en/bullbit-migrates-to-bullchain-its-own-layer-1-for-trading