Blackhole (BLACK)

Total Value Locked$109.24m

TVL by Chain

Avalanche$109.24m

Key Metrics

Fees (Annualized)$18m

Fees 30d$1.48m

Fees 7d$317,049

Fees 24h$42,676

Cumulative Fees$15.52m

Revenue (Annualized)$17.98m

Revenue 30d$1.47m

Revenue 7d$316,508

Revenue 24h$42,602

Cumulative Revenue$15.4m

Holders Revenue (Annualized)$17.98m

Holders Revenue 30d$1.47m

Holders Revenue 7d$316,508

Holders Revenue 24h$42,602

Cumulative Holders Revenue$15.4m

Incentives (Annualized)$14.55m

Incentives 30d$1.19m

Incentives 7d$271,214

Incentives 24h$45,783

Cumulative Incentives$44.79m

Earnings (Annualized)$3.43m

Earnings 30d$280,964

Earnings 7d$45,294

Earnings 24h-$3,181

Cumulative Earnings-$29.39m

DEX Volume 30d$2.31b

DEX Volume 7d$480.23m

DEX Volume 24h$53.06m

Cumulative DEX Volume$22.525b

Market Cap$15.12m

$BLACK Price$0.071

All Time High$1.52

All Time Low$0.05

Fully Diluted Valuation$15.22m

Outstanding FDV$8.47m

$BLACK Volume 24h$528,101

CEX Volume$149,262

DEX Volume$1.02m(193.59% of total)

Protocol Information

Blackhole is a next-generation decentralized exchange (DEX) built on the Avalanche blockchain

Methodology

TVL: Total value of all coins held in the smart contracts of the protocol

Fees:
Blackhole AMM: All swap fees paid by traders.View code on GitHubBlackhole CLMM: All swap fees paid by users.View code on GitHub

Revenue:
Blackhole AMM: Portion of swap fees attributed to staked LPs, which are routed through the Gauge and distributed to veBLACK voters as bribes.View code on GitHubBlackhole CLMM: All swap fees are revenue.View code on GitHub

Holders Revenue:
Blackhole AMM: Portion of swap fees attributed to staked LPs, which are routed through the Gauge and distributed to veBLACK voters as bribes.View code on GitHubBlackhole CLMM: All revenue are distributed to veBlack holders.View code on GitHub

DEX Volume: Volume of all spot token swaps that go through the protocol

Incentives: Tokens allocated to users through liquidity mining or incentive schemes, typically as part of governance or reward mechanisms.

Earnings: Revenue of the protocol minus the incentives distributed to users

Income Statement for Blackhole

Q4 2025*Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024
Fees$5.48m$10.04m$0$0$0$0
Revenue$5.47m$9.93m$0$0$0$0
Incentives$7.58m$37.21m$0$0$0$0
Earnings-$2.11m-$27.28m$0$0$0$0
Token Holder Net Income$5.47m$9.93m$0$0$0$0