Blackhole BLACKPrice $ 0.0576

Blackhole is a decentralized exchange (DEX) built on Avalanche, designed as a unified liquidity hub for emerging DeFi, GameFi, and AI projects . It employs a ve(3,3) tokenomics model featuring two vote-escrow NFTs: a time-limited Singularity veNFT and a permanently locked/burned Supermassive veNFT, which grants non-decaying voting power and bonus rewards. Team and project tokens are converted into Supermassive veNFTs, locking them permanently and removing them from circulation to align incentives and prevent future sell pressure. The protocol introduces Genesis Pools, enabling community-backed liquidity bootstrapping for new tokens via fixed-price campaigns and LP token rewards. It supports multiple AMM types—including concentrated liquidity (clAMM), classic, and stablecoin pools—with configurable fees per pool. Emissions are distributed weekly through gauges directed by veNFT holders, with optional bribe incentives from projects. Rewards flow from both swap fees and emission tokens, enhancing yield for voters and liquidity providers. Backed by the Avalanche Foundation, Blackhole combines high throughput and low fees with advanced on-chain governance and deflationary supply mechanics.