what's HumidiFi?
HumidiFi is a decentralized exchange (DEX) built on the Solana blockchain, specializing in automated market maker (AMM) functionality to facilitate efficient token swaps and liquidity provision. It emphasizes high-speed trading enabled by Solana's infrastructure, allowing users to trade cryptocurrencies with minimal slippage and low fees. The protocol incorporates innovative features like dark pool trading, which enhances privacy by concealing order details until execution, reducing market impact for large trades. As a key player in Solana's DeFi ecosystem, HumidiFi supports a wide range of trading pairs, including major stablecoins and Solana-native tokens. Its architecture leverages Solana's parallel processing for rapid transaction settlement, making it suitable for high-frequency and institutional-grade trading. Liquidity providers can earn fees by contributing to pools, while the platform's design promotes deep liquidity through incentives and integrations with other Solana protocols. HumidiFi has gained prominence for redefining DEX dynamics on Solana, particularly through its focus on proprietary AMM strategies that prioritize volume and efficiency. It operates without intermediaries, ensuring users retain control over their assets via non-custodial wallets, aligning with core DeFi principles of decentralization and accessibility.
HumidiFi named biggest DEX success story of 2025 by TheDeFinvestor.
Links
x.com/humidifi_Processed $18 billion in volume over the last 30 days.
Named as biggest DEX success story of 2025 in a year-end review by TheDeFinvestor.
Bithumb lists WET on spot market on Dec 15 at 09:30 UTC alongside Upbit.
Upbit lists WET with a 40% price spike.
Records +50% price increase with FDV at $280M on December 15th, representing a decrease from the $325M FDV reported on December 10th.
Upbit announces WET listing with KRW, BTC, and USDT pairs for Dec 15 at 18:30 KST. The protocol captures ~47% of Solana Prop AMM market share and records $13.5B peak volume.
propAMM development involves partnerships with Humidifi, Temporal (1 billion oracle update transactions with 70% landing rate), and SCP market maker Kevin Pang.
Futures Trading Contest on HTX exchange offers $10,000 prize pool for trading $WET, contest ends December 17th.
Spreads on $SOL narrow from 30 bps to around 5 bps as the team focuses on improving institutional liquidity with a long-term goal of supporting $10M to $100M trades.
WET accounts for 60% of all Solana trading volume with a current market cap of 45m.
Harmonic block building system testing on Solana mainnet produces blocks with 10,000 Oracle updates, 25x the current average. Platform quotes tighter spreads than Binance with average fills of just a few basis points.
New collaboration with MidnightNtwrk creates Trade-&-Earn opportunity with 10M NIGHT + 2.5M WET + 60K USDT reward pool.
Post-TGE, HumidiFi ranks as the top Solana DEX by volume in the last 24 hours with $1.2 billion processed across 766,386 trades.
$WETUSDT perpetual contract launches on Binance Futures on December 10 at 07:00 UTC, adding futures trading capability alongside existing spot exchange listings.
Token price down 17.5% on the daily timeframe.
Platform captures 61% of all Solana spot DEX volume in 5 months and reaches all-time high.
Token reaches $300M market cap on first day after launch, delivering 5-6x returns to whitelist and public sale participants.
Average CU (Compute Unit) spend decreases by 70%, improving platform margins and potentially reducing user costs.
WET-USD trading pair launches in full-trading mode on Coinbase Exchange and Coinbase Advanced with limit, market, and stop orders available.
Token is available for trading on OKX exchange.
WET stealth launches its second ICO on Jupiter platform.
FDV increases to $325M as returns reach 6.5x for Wetlist and JUP stakers, nearly 5x from public sale.
Token reaches $290-300M FDV from $150M launch price, delivering 6x returns to presalers while public allocation was capped at $500 per participant.
WET lists on Binance contracts (futures trading), representing an upgrade from its previous Binance Alpha listing.
Token achieves 4-5x returns from presale/launch price. This marks Jupiter DTF's first launch with bot protection implemented.
Token price is up 100% within 24 hours following its TGE.
WET goes live after completing an ICO re-do.
Coinbase Exchange and Coinbase Advanced list WET-USD trading pair, now active in limit-only mode where limit orders can be placed and matched.
$WET is now verified on the Moonshot platform.
Wasabi adds $WET trading with 3x leverage and onchain yield opportunities. Bybit launches a 500,000 WET Prize Pool promotion for deposits and trading.
$WET lists on Coinbase and additional exchanges with FDV reaching $150M, up from $69M at the public sale.
WET is now live on Binance Alpha platform.
$WET public sale completed at $0.069 (FDV $69M) and currently trades at approximately $0.13, representing a ~2x return for public sale participants, with trading available on Whales Market.
$WET lists on Bybit Spot (coming soon) and Gate.io with Spot trading starting December 9th at 15:00 UTC, followed by Futures and Perp DEX at 15:10 UTC with up to 20x leverage.
WET is now listed on OKX spot trading platform.
Bybit lists WET on its spot trading platform.
WET goes live after the re-done ICO to exclude snipers, with pre-market prices crashing as filled buyers sell immediately.
WET token sale sold out on December 9, with TGE upcoming. (Tweet ID: 1998151159240897003)
Token sale relaunch includes embedded counterbot solutions as a new security feature. (Tweet ID: 1998091054898135353)
The public sale start time is 11am EST on December 8th, one hour later than the previously announced 10am EST, and the new token contract address is now disclosed.
Binance Alpha will be the first platform to feature WET on December 9, with eligible users able to claim airdrops using Binance Alpha Points once trading opens.
Public sale launches December 8th 10am EST with 30m tokens (3% supply) at 0.069 USDC per token (69m FDV) and 500 USDC wallet cap. Token claims and liquidity pools go live December 9th at 9am EST.
$WET token relaunches on Jupiter Exchange's DTF (Dynamic Token Forge) due to bots and mishandling from the previous presale.
Token sale opens at 3 pm UTC with 1 $WET priced at 0.069 USDC, 30M tokens for sale from 1B total supply, $69M FDV, $1K per-wallet cap, and 100% TGE unlock.
TGE date moved to December 10th, one day later than the previously announced December 9th date.
Raised $1.5 million onchain in 78 seconds, demonstrating rapid fundraising velocity during the public sale phase.
One person snipes 70% of the presale using 1,000+ wallets and demands a refund; the project cancels bot allocations and announces a pro-rata airdrop with a new audited token launch.
The Monday public sale relaunch includes anti-bot measures developed with the HumidiFi team, 900m tokens from the old voided token will be burnt, the old token is unverified on Jupiter, and Wetlist/JUP staker participants will claim through the DTF platform instead of receiving direct airdrops as previously announced.
Pre-sale snipers will not receive refunds despite previous announcements, and the rescheduled Monday sale lacks disclosed anti-bot protection measures.
Snipers and a bundle exploiter attack the presale, causing the project to convert token distribution from the DTF platform claim mechanism to direct wallet sends in airdrop format.
The project is relaunching their ICO.
A new token launch is planned following the bot sniping of most of the original supply.
Relaunch date set for December 8th, 2025; pre-market price at $0.16 with $925.1K total trading volume on WhalesMarket.
The presale sniper is identified as "Ramarxyz" who claimed 70% of the presale supply using 1,000+ wallets and requested a refund after being caught.
Team launches a new token with pro-rata airdrop to Wetlist and JUP staker buyers while excluding the sniper wallet. New public sale scheduled for Monday uses a revised DTF contract built with Temporal and audited by OtterSec.
Pre-sale snipers will be refunded and a new public sale is scheduled for Monday.
Bots captured 30-40% of the presale supply through freshly funded wallets, and Jupiter Exchange acknowledges the issue while seeking redistribution solutions for wider public access.
Presale completed at $0.069 with token currently trading on Bybit premarket at approximately $0.174, showing 2.5x returns from public sale price.
Public sale phase sells out in approximately 0.1 seconds, with bot activity dominating the sale.
Public sale launches as the first ICO on Jupiter's new platform with $69M FDV; HumidiFi processes 30-40% of SOL-USD volume and holds 50% of Jupiter's routing market share.
Pre-market price reaches $0.14 with $142.9K in 24h volume as a whale places a $14K buy order on WhalesMarket before the public sale phase opens on Jupiter.
JUP Stakers phase sold out in 78 seconds; whales trade tokens at $0.1 on whalesmarket (2x from whitelist price of $0.05) with pre-market price at $0.11 representing $110M FDV.
The project completed a $1.5 million onchain raise in 78 seconds.
Phase 1 (Wetlist) of the ICO sells out all allocated tokens, with Phase 2 (JUP Stakers) starting immediately after.
The ICO launches with 23% circulating supply at TGE with 100% tokens unlocked. JUP stakers require minimum 1000 JUP staked with time-weighting since July 2025, and Phase 1 (Wetlist) ends Dec 4 03:00 AM GMT+1, Phase 2 (JUP Stakers) starts Dec 4 03:00 AM GMT+1, and Phase 3 (Public) starts Dec 4 03:00 PM GMT+1.
Token becomes claimable December 9 at 9am EST with liquidity pools going live simultaneously; JUP Stakers phase allocation increases to 30M tokens (3%) and Public phase allocation increases to 30M tokens (3%) from previously announced 20M each.
Phase 1 (Wetlist) allocates 60M tokens at $0.05, Phase 2 (JUP Stakers) allocates 20M tokens at $0.05 with tiered caps from $200 to $10k based on stake size (1k to 1M+ JUP), and Phase 3 (Public) allocates 20M tokens at $0.069 with $1k cap.
Jup Stakers and Public allocations each increase to 3% following the Wetlist reduction. Prop AMMs now run the majority of Solana volume with HumidiFi as the market leader.
All whitelist phases overallocated with Wetlist allocation reduced to 4% from 6% based on community feedback; launch times confirmed as Dec 3 4pm EST (Wetlist), 10pm EST (Jup Stakers), Dec 4 10am EST (Public Sale).
The project conducts its ICO as the first Jupiter DTF launch at $50M FDV valuation, with allocations available to JUP stakers, HumidiFi users, and through a FCFS public round.
The Wetlist sale allocation is reduced from 6% to 4% based on community feedback.
The first sale phase (Wetlist) timing moves from 3pm UTC to 9pm UTC today, with other sale phases remaining on schedule.