> For the complete documentation index, see [llms.txt](https://docs.superverse.co/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://docs.superverse.co/superverse-docs/phases/phase-iii-innovation/super-innovation-defi-+-gamefi-technology/blackhole-dex.md).

# Blackhole DEX

* Built on Avalanche
* $260M TVL and $5B volume in the first month
* 10% of protocol fees are programmatically directed to $SUPER buybacks via smart contracts
* Governance via veNFTs (ve(3,3) system)
* SUPERMASSIVE NFT holders can access protocol rewards and fee-based incentives

Gamification: Incentive-driven voting and bribing mechanisms enable LPs to direct emissions.\
Integration Network: LayerZero, SwissBorg, Off the Grid, Mog, SPX6900, Vertical AI, and others