Blackhole

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.

Blackhole has announced an official partnership with Gamma Strategies to upgrade liquidity provision on its platform. **Key Features for Liquidity Providers:** - Automatic price range rebalancing - Auto-compounding of trading fees - Significantly improved capital efficiency This collaboration brings professional-grade active liquidity management tools to all users on the Avalanche network. The integration aims to make sophisticated liquidity strategies accessible to everyone, not just institutional players. The partnership represents a significant step forward in democratizing advanced DeFi tools for retail liquidity providers.

Avalanche's epoch 35 concluded with significant activity metrics: - **Total trading volume**: $396M+ - **Voter rewards distributed**: $222K+ The rewards were distributed exclusively to voters participating in the Avalanche ecosystem's governance mechanism. This epoch represents a snapshot of the network's trading activity and incentive distribution during the period. The figures demonstrate ongoing participation in Avalanche's voting and trading infrastructure, with rewards flowing to active governance participants.

**SuperVerse has allocated over $5,900 in rewards** to the $SUPER / $BLACK basic liquidity pool for the current epoch. - Liquidity providers can earn rewards by voting for @SuperVerse - The incentive program continues from previous epochs, with $5,800+ added in epoch 32 - Previous rewards reached $8,000 in mid-February The rewards are distributed through the Blackhole platform, encouraging community participation through voting mechanisms. Liquidity providers who stake in the $SUPER / $BLACK pool can claim their share of the allocated rewards. **To participate:** Vote for SuperVerse and provide liquidity to the designated pool.

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)