Blackhole Launches Multi-Chain Bridge for Direct Wallet Deposits

BlackholeDEX has announced **Escape Velocity Season 11**, their latest incentive program for users. **Key Details:** - New season of the Escape Velocity rewards program is now live - Qualification details available at [paragraph.com/@blackholedex](https://paragraph.com/@blackholedex/announcing-escape-velocity-season-11) - Follows Season 10 which concluded in mid-March 2026 The program appears to be a recurring initiative by BlackholeDEX to incentivize platform participation and trading activity. Users interested in participating should review the qualification criteria outlined in the official announcement. [Read the full qualification details](https://paragraph.com/@blackholedex/announcing-escape-velocity-season-11)

**Escape Velocity Season 11** is now active, offering **4,000,000 veBLACK** in rewards over a 3-week period ending April 23rd at 12:00 PM UTC. **Season 10 Results:** - Over **95M $BLACK** tokens burned - Effective rebate rate of **20%** - 5,000,000 veBLACK distributed to participants **How to Participate:** - Create supermassive veNFTs worth 2,000 veBLACK or more - Burn $BLACK tokens to qualify for rebates - Claim veBLACK and receive additional rewards at season end Since launch 8 months ago, **750,000,000 $BLACK** has been burned across all seasons. Participate at [blackhole.xyz/locks](https://www.blackhole.xyz/locks)

Blackhole's epoch 37 concluded with significant activity across the protocol: **Key Metrics:** - $220M+ in total trading volume - $110K+ distributed to veBLACK holders - $114K+ in fees generated This represents a decline from epoch 36, which saw $250M+ in trading volume and $205K+ in rewards. The weekly distribution system continues to reward veBLACK holders who participate in governance voting. **Recent Performance Context:** - Epoch 36: $250M volume, $205K rewards - Epoch 35: $396M volume, $222K rewards - Epoch 34: $310K+ in voter rewards The protocol maintains its weekly reward cycle, where users holding veBLACK tokens receive a portion of protocol fees generated during each epoch. Rewards are distributed based on voting participation in the governance system.

Camelot has released a major update to their AMM technical documentation. The update includes: - **New contract addresses** for the latest router version - **Parallel route support** in swaps for improved efficiency - **Zap liquidity provisioning** capabilities Developers integrating with Camelot's AMM are encouraged to review the updated documentation. The new router builds on recent improvements to the platform, including an upgraded aggregator with better routing algorithms and gas optimizations, as well as the v4 AMM's exit from beta with enhanced fee logic.

**ZAP functionality is now operational**, enabling liquidity providers to enter pools using any token in their wallet through a single transaction. **Key features:** - Add liquidity without pre-swapping tokens - Support for both concentrated and basic liquidity pools - Streamlined process eliminates need to hold specific pool tokens **How it works:** Liquidity providers can now deposit any asset directly into pools, with the protocol handling token conversions automatically. This removes the traditional multi-step process of acquiring specific pool tokens before providing liquidity. The feature aims to reduce friction and gas costs for users entering liquidity positions across different pool types.