BlackholeDex Becomes Leading DEX on Avalanche
BlackholeDex Becomes Leading DEX on Avalanche
🕳️ Blackhole Swallows Competition
BlackholeDex has established itself as the dominant decentralized exchange on Avalanche, marking a significant milestone in DeFi innovation.
Key achievements:
- #1 DEX by revenue on Avalanche
- Leverages Algebra's Integral Modular CLAMM technology
- Implements v4 plugins for enhanced functionality
The platform's success stems from its modular architecture and advanced features:
- Total Value Locked (TVL): $258M
- V4 pools: $93M
- 24h trading volume: $138M
Technical advantages:
- Enhanced liquidity depth
- Reduced slippage
- Up to 80% improved efficiency
- Advanced features including limit orders and dynamic fees
Revolutionary tech defines a #1 project. @BlackholeDex leads @avax not just as the #1 DEX by revenue, but as a top-tier DeFi project overall. 💪 How? With Algebra's Integral Modular CLAMM & v4 plugins, powering the coolest projects in DeFi. The future is modular. $AVAX 🦙
Algebra Protocol Achieves Remarkable Trading Efficiency
Camelot DEX, powered by Algebra Protocol, has demonstrated exceptional capital efficiency by generating $87M in 24-hour trading volume with only $39M total value locked (TVL) - a 2.3x ratio. This follows Algebra's recent milestone of $295M TVL all-time high and $809M daily trading volume across its ecosystem. The protocol now powers over 50 DEXes across multiple chains, processing over 180M transactions and $146B in cumulative volume.
BlackholeDex Launches on Avalanche with Algebra Integral V4
BlackholeDex has launched on Avalanche, implementing Algebra's Integral V4 pools architecture. The DEX features a modular design with a lightweight core and plugin capabilities. Key metrics: - $74.6M Total Value Locked (TVL) - $69M Trading volume - Part of Algebra's ecosystem spanning 15+ chains The launch builds on Algebra Integral's success, which achieved $76M+ overall TVL across multiple chains. The platform utilizes Concentrated Liquidity Automated Market Maker (CLAMM) technology. [View detailed statistics](https://algebra.finance)
Algebra Reaches 180M Transactions Milestone, Powers 50+ DEXes
Algebra has achieved a significant milestone with 180 million transactions processed through its CLAMM (Concentrated Liquidity Automated Market Maker) technology. The protocol now powers more than 50 decentralized exchanges across 40+ blockchain networks. Notable integrations include: - CamelotDEX and Tonco.io listed on Binance Wallet - $100M+ in cumulative trading fees across integrated DEXes The platform continues to expand its presence in the DeFi ecosystem, demonstrating sustained growth in adoption and utility across multiple chains. *Want to learn more about Algebra's CLAMM technology? Visit their [official documentation](https://algebra.finance)*
BabyDogeCoin Adopts Modular Architecture with Algebra Integral on BNB Chain
**BabyDogeCoin**, a top-200 token with $260M+ market cap, is implementing Algebra Integral's modular DEX architecture on BNB Chain. Key features include: - Modular AMM architecture with V4 plugins - Dynamic fee adjustment system - Concentrated liquidity pools - Enhanced APRs with reduced slippage - Flexible plugin system for DeFi developers The integration allows for customizable pool configurations and live upgrades without disrupting liquidity. This marks a significant advancement in DEX functionality on BNB Chain.