Within 72 hours of launch in July, Blackhole flipped incumbents in TVL and Volume that had dominated the Avalanche chain for over four years. That is the power of a best-in-class ve(3,3) DEX. In its first month, Blackhole reached ~$300MM in Total Value Locked, with peak daily volume of ~$500MM.  

In just the past four months since launch, Blackhole has generated over $22 Billion in volume and distributed ~$30 Million in revenue to veNFT holders, over 10x that of other leading ve(3,3) DEXs during their early epochs.

Blackhole is an advanced DEX with market-leading features, and it has proven that it can "eat" market share. And today it’s announcing its plans to do it again with Supernova.

Supernova is a next-generation ve(3,3) DEX deployed directly on Ethereum. We have distilled every lesson learned from Blackhole to build a protocol that doesn’t just participate in the DeFi ecosystem, but elevates it. With the Ethereum network stronger and more scalable than ever, the time has come to bring a cutting-edge, native trading experience back to the source.

Supernova combines superior UI/UX, refined tokenomics, and state-of-the-art technology to serve as the ultimate liquidity anchor for the EVM world. Built on Ethereum, for Ethereum.

The Blackhole Mission Continues

Nothing will change with regard to the Blackhole project and mission. Blackhole will remain on Avalanche and continue to iterate to become the best liquidity engine for the ecosystem, as evidenced by recent additions like TWAP, Limit Orders, ALM, and more. This critical work will continue and the team remains fully committed to serving the Avalanche ecosystem in perpetuity. 

If you hold veBLACK, you have already secured your ticket to Supernova. No action is required. But to make things interesting, we've created ways for you to increase your exposure even more with Warp Speed.

To kick off the Supernova journey, we are excited to announce Warp Speed: a program designed to accelerate growth and drive community engagement as we expand into Ethereum's vibrant ecosystem. Warp Speed will give even more ownership of Supernova to users performing key functions on Blackhole.

By participating in Warp Speed, active Blackhole users earn Nova Points, giving these early contributors a meaningful stake in Supernova's long‑term governance. Key contributions to Blackhole are now effectively receiving a second stream of incentives. 

Once again, if you hold veBLACK you already have secured your respective chunk of Supernova; the Warp Speed program simply allows you the opportunity to get even more.

Warp Speed introduces Nova Points as the campaign’s accounting layer. Nova Points are not tokens; they are a scoring system used to allocate veNOVA once Supernova is live.

A dedicated Dune dashboard will provide an overview of each participant’s Nova Points standings, similar to the Escape Velocity seasons. Users can access it directly from the campaign banner, and all data is refreshed every 6 hours to keep rankings up to date.

The leaderboard is sorted in descending order by total Nova Points and includes the following columns:

• Rank

• Beneficiary (Participant wallet address)

• Total Nova Points accumulated

• BLACK Burned

• BLACK Emissions Collected

Burn BLACK to create or grow a Supermassive veNFT to start accruing Nova Points. Provide liquidity to Nova‑eligible pools and earn BLACK emissions, while stacking up even more Nova points. Look for the purple Supernova icon on the Liquidity page to identify eligible pools:

Nova Points start from the launch date of Warp Speed. Unclaimed emissions do not earn Nova Points. Emissions from Liquidity Pools that are not eligible do not earn Nova Points.

Stay tuned for official Supernova updates by following us on X here. Warp Speed is your express lane from dedicated veBLACK supporter to founding Supernova power user. Buckle up, this is where your conviction hits ignition!

Follow us on Twitter and Discord:

Twitter: https://x.com/BlackholeDEX

Discord: https://discord.gg/blackholedex