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We scored multiple projects this week. Here are a few you should know about:

• Gavel

• Blackhole 

• Boundless

• UniversalX

Please remember that some of these projects still need our code review process. Still, we want to highlight them here because they initially caught our attention through our fundamental analysis process.

1. Gavel

Website | X(Twitter)

Sector - Launchpad

Status - Active

Gavel is an on-chain platform built on Solana, designed to revolutionize token distribution and liquidity bootstrapping. It addresses critical challenges faced by projects launching tokens, such as high fees charged by centralized exchanges, sniper attacks by bots, and toxic Maximal Extractable Value (MEV) that degrades transaction quality.

For users, Gavel aims to create a fairer token economy by mitigating issues like sandwich attacks and opaque insider deals. By leveraging Solana’s high-performance infrastructure, Gavel offers a transparent, decentralized, and efficient solution for token launches, positioning it as a potential game-changer in the Solana ecosystem.

1.1. Features

• Sniper-Resistant Capital Formation: Gavel employs mechanisms to prevent bots from front-running token purchases, ensuring that tokens are allocated to genuine participants rather than automated snipers. This addresses the issue of bots exploiting low initial prices in traditional bonding curve launches, which often disadvantages retail users.

• Sandwich-Resistant Liquidity Bootstrapping: The platform utilizes a sandwich-resistant automated market maker (AMM), which retains the benefits of always-on, two-sided liquidity while protecting users from sandwich attacks. These attacks, which extract significant value from Solana traders daily, are mitigated to ensure better trade execution.

• Flexible Distribution Mechanisms: Teams launching tokens on Gavel can choose from a variety of fair distribution methods, such as Dutch auctions, fixed-price first-come-first-served (FCFS), or permissioned sales, allowing customization to meet specific project needs.

• Two-Phase Launch Process: Gavel’s token launch process occurs in two stages. In the first phase, users deposit SOL during an initial distribution period to receive token allocations. In the second phase, tokens are automatically listed on a decentralized exchange (DEX), providing immediate liquidity and streamlining the launch process.

1.2. Token

$IBRL is a test token that exists solely to demonstrate the Gavel protocol in production. The token has no present or future utility. 100% of the funds collected and 100% of the token supply are allocated through the Gavel mechanism.

1.3. Where to Buy the Token?

$IBRL is trading on decentralized exchanges like Meteora, Raydium, PumpSwap, and on centralized exchanges like WEEK, XT.COM, BingX, and others.

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Now let’s get back to the rest of the hidden gems.

2. Blackhole DEX

Website | X(Twitter)

Sector - DeFi

Status - Testnet

Blackhole is a next-generation decentralized exchange (DEX) built on the Avalanche blockchain, designed to serve as a unified trading and liquidity hub for blockchain projects.

It integrates features from leading DeFi protocols like Curve Finance, Uniswap V3, and Solidly, while introducing innovative mechanisms like Genesis Pools and a dual vote-escrowed token model. Supported by the Avalanche Foundation and co-founded by notable figures like EllioTrades, BlackHole aims to redefine DeFi with community-centric tokenomics.

2.1. Features

• Vote-Escrowed Token Model:

• Singularity veNFT: Allows token locking for one week to four years, granting voting power and rewards.

• Supermassive veNFT: Permanently burns locked tokens, offering non-decaying voting power, a 10% rebase rate boost, and 10% extra voting power, eliminating team selling pressure for long-term trust.

• Advanced Trading Features: Combines the ve(3,3) model (from Solidly, Aerodrome, Velodrome), clAMM Pools (Uniswap V3), and custom fees per pool (Uniswap V4) for flexible and efficient trading.

• Genesis Pools: Addresses pre-token generation event (TGE) liquidity challenges. Projects deposit native tokens into a smart contract vault, community members contribute paired assets (e.g., $BLACK, $AVAX, $USDC), and at the pool’s end, tokens form a Liquidity Pool. LP tokens are auto-staked for yield and distributed to participants, reducing capital needs and preventing predatory tokenomics.

• Avalanche Foundation Support: Leverages Avalanche’s high-performance infrastructure to become the "Unified Liquidity Hub" for blockchain projects, ensuring fast and efficient trading.

3. Boundless

Website | X(Twitter)

Sector - Interoperability

Status - Active

Boundless, developed by RISC Zero, is a universal protocol designed to bring Zero-Knowledge (ZK) proofs to every blockchain, enabling verifiable compute across any chain. It simplifies the integration of ZK proofs, allowing developers to build efficient, high-throughput applications with enhanced security. Backed by significant funding and ecosystem integrations, Boundless is positioned to drive innovation in blockchain scalability and developer accessibility.

3.1. Features

• Verifiable Compute and Rewards: Nodes contribute compute resources and earn rewards based on the complexity of developer requests, introducing Proof of Verifiable Work, which allows miners to secure multiple chains.

• Flexible Rollup Frameworks: Provides ZK-upgraded rollup frameworks that offer hour-long finality and enhanced security for rollups on any blockchain, improving transaction efficiency.

• Decentralized Architecture: Decouples execution from consensus, scaling compute capacity with more prover nodes. Each node generates execution proofs verifiable by any blockchain without re-execution, reducing redundant computation while maintaining security.

• Steel ZK-Coprocessor: A ZK-coprocessor for the Ethereum Virtual Machine (EVM) that offloads complex computations offchain, aggregates data, and returns a small, verifiable proof onchain in constant gas, regardless of computation volume.

• Developer-Friendly Tools: Includes the Boundless Market SDK (Rust APIs for smart contract interaction and ZK proof handling) and boundless-cli (a command-line interface for managing deposits, withdrawals, staking, and proof requests).

• Proof Lifecycle: Developers write programs for a zkVM, broadcast proof requests to the Boundless market, provers bid and submit proofs, and rewards are released upon verification, enabling developers to use proofs in applications.

• Integration with OP Kailua: Natively integrates OP Kailua, a hybrid ZK approach for Optimistic rollups, combining optimistic and ZK proof benefits for efficient, secure, and cost-effective dispute resolution.

• Market-Driven Efficiency: Leverages a decentralized market to handle complex computations, generate succinct and reusable proofs, and drive efficiency through aggregation, fostering blockchain innovation.

4. UniversalX

Website | X(Twitter)

Sector - DeFi

Status - Active

UniversalX, developed by Particle Network, is poised to redefine decentralized trading as the first chain-agnostic, 100% non-custodial platform. It enables users to trade any token across multiple blockchains, including Ethereum, Binance Smart Chain, Polygon, Avalanche, and Solana, without the need for bridging.

Built on Particle Network's Universal Accounts, UniversalX offers a unified balance, seamless cross-chain transactions, and flexible gas payments using any token. The platform enhances accessibility with instant cash-to-crypto purchases through various payment methods, such as credit/debit cards, Google Pay, and Apple Pay, and is available on mobile, web, and as a Telegram Mini App.

By addressing pain points like complex wallet management and bridging delays, UniversalX aims to deliver a user-friendly, efficient trading experience for both novice and experienced crypto users, positioning it as a potential leader in the Web3 trading landscape.

4.1. Features

• Chain-Agnostic Trading: Users can trade any token on supported chains, such as Ethereum, BSC, Polygon, Avalanche, and Solana, without bridging, simplifying the trading process and eliminating additional fees or delays associated with cross-chain transfers.

• Unified Account System: Powered by Particle Network’s Universal Accounts, the platform provides a single account and spendable balance across EVM chains and Solana, removing the need for multiple wallets and enhancing user convenience.

• Flexible Gas Payments: Allows users to pay gas fees with any token on any supported chain, with the system automatically selecting the most cost-effective route, ensuring a seamless and cost-efficient trading experience.

• Instant Cash-to-Crypto Purchases: Supports rapid purchases of thousands of tokens, including memecoins, using various payment methods like crypto, credit/debit cards, Google Pay, and Apple Pay, enabling users to capitalize on market trends quickly.

• Multi-Platform Availability: Accessible on mobile devices, web browsers, and as a Telegram Mini App, making it convenient for users to trade anytime, anywhere, and broadening its reach.

• Real-Time Data and Fast Transactions: Offers zero-latency price, onchain, and qualitative data for tokens, coupled with fast trade confirmations and full Miner Extractable Value (MEV) protection to ensure secure and efficient trading.

• Seamless Onboarding: Users can connect existing wallets or use Web 2.0 social logins for easy access, lowering the entry barrier for new traders.

• Cross-Chain Asset Management: Enables users to deposit tokens from supported EVM chains and Solana, trade using a unified balance, and send assets directly to and from any chain, streamlining asset management without intermediaries.

4.2. Token

UniversalX does not have its own separate token. Instead, it uses a reward system called $PARTI Diamonds, which are points earned through activities like trading and referrals. These Diamonds can be claimed as Particle Network’s $PARTI token during airdrop events, suggesting a connection to the $PARTI token rather than a distinct token for UniversalX itself.

4.3. Where to Buy the Token?