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Blackhole Hits $250M TVL to Become Largest DEX on Avalanche
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Blackhole Hits $250M TVL to Become Largest DEX on Avalanche
Blackhole, a new decentralized exchange (DEX) on Avalanche (AVAX), has quickly become the network’s largest trading hub. Its total value locked (TVL) surged 55% over the past week to cross the $250 million mark on Monday, July 28, peaking at $255 million. The DEX went live in early July, experiencing exponential growth in liquidity. The three most deposited tokens in its pools are AVAX-based USDC, Wrapped AVAX (WAVAX), and USDT, which together a…
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