Blackhole Foundation Completes $132K Token Buyback for Ecosystem Development

Blackhole has completed its integration with Binance Wallet, expanding accessibility for users of the trading platform. **Key Details:** - Users can now connect their Binance Wallet directly to Blackhole - This follows Blackhole's previous integration of Tron ($TRX) trading in September 2025 - The integration provides another wallet option for traders on the platform The move strengthens Blackhole's position in the multi-chain trading space by supporting one of the industry's most widely-used wallet solutions.

Blackhole DEX has surpassed **$25 billion in cumulative trading volume**, marking a significant milestone for the decentralized exchange. **Recent Performance Highlights:** - Distributed over **$35 million in cumulative rewards** to veBLACK token holders - Completed a **5.9M+ $BLACK buyback** through the Blackhole Foundation - Generated **$2B in trading volume** during January 2026 alone - Distributed **$1.4M+ in rewards** to veBLACK holders in the same month The platform continues to demonstrate strong trading activity while maintaining its rewards distribution program for token holders. The buyback initiative signals ongoing commitment to token economics and holder value. [View announcement](https://x.com/BlackholeDEX/status/2013309518608765032?s=20)

BlackholeDEX has announced **Escape Velocity Season 8**, continuing their seasonal program for the DeFi community. **Key Details:** - New season follows the recent Season 7 launch from mid-January - Program appears to be part of BlackholeDEX's ongoing engagement initiatives - Full details available in their official announcement The rapid succession of seasons (7 and 8 launching within two weeks) suggests an accelerated rollout schedule for the platform's incentive programs. [Read the full announcement](https://paragraph.com/@blackholedex/announcing-escape-velocity-season-8)

**Epoch 28 Voting Closes Soon** Blackhole's current voting epoch offers over **$275,000 in rewards** exclusively for veBLACK token holders, with just 5 hours remaining to cast votes. **Recent Incentive Additions:** - $SUPER/$BLACK pool: $19,500+ from SuperVerse - Top liquidity pools ($BTC.b/$WAVAX, $ID/$WAVAX, $WAVAX/$BLACK): $13,000+ - Additional pools ($WAVAX/$MOANI, $BLACK/$KET): $5,000+ **Context:** - Epoch 27 distributed over $320,000 to veBLACK holders - Epoch 26 reached $360,000 in rewards - Consistent high-value reward distribution across recent epochs The voting mechanism allows veBLACK holders to direct liquidity incentives across various trading pairs while earning passive income from their governance participation. *Vote before the epoch ends to claim your share of rewards.*

**veBLACK** has launched a new rewards mechanism for token holders: - **Create a veNFT** to participate in the protocol's governance system - **Vote weekly** on protocol decisions and reward distributions - **Earn protocol fees** proportional to your token lock duration The system builds on veBLACK's existing model where users lock $BLACK tokens to obtain veBLACK voting power. Previous epochs have distributed significant rewards, with over **$530,000** allocated to veBLACK holders in epoch 20. The weekly cadence allows participants to actively engage with protocol governance while earning consistent returns. Longer lock periods result in higher fee distributions, incentivizing long-term commitment to the protocol. This vote-escrowed model aligns token holder interests with protocol growth by tying rewards directly to participation and lock duration.