Black holes and dark matter must have formed early in the universe's development for galaxies and stars to later form, according to this document. It proposes that fundamental particles called dyons, which carry both electric and magnetic charges, aggregated in the early exponentially expanding universe to form black holes and dark matter. As the universe expanded and its energy density decreased, these dyon aggregates could have evaporated or dissociated into the elementary particles observed in experiments today. The document presents models showing how fundamental particle energies may have decreased exponentially as the universe expanded, in a way that could explain the formation of black holes and dark matter from dyon aggregates in the early universe.