Blackhole: Unlocking Liquidity through a Permissionless Approach to DeFi
Blackhole will be the DeFi one-stop-shop that provide/facilitate liquidity spot, perpetual, option, stablecoin, and leveraged token where liquidity will be shared across all products.
To-date, it's clear that DeFi is one of the best product market fit for the crypto community, accounting for >80% of all transaction volume. However, within the DeFi ecosystem (amid the different L1/L2/L3 blockchains and categories of protocols), liquidity is still quite fragmented and limited at times.
Blackhole plans to solve the DeFi liquidity fragmentation problem by providing some of the most popular DeFi products: Spot, Perp, Option, stablecoin.
Unlike existing solutions, Blackhole's unique architecture enables user to share liquidity across ALL the DeFi products thus solving the liquidity fragmentation problem.