Solana News Today: HumidiFi Balances Early Liquidity and Long-Term Governance in Solana's DEX Surge

Dark Pool DEX HumidiFi has surged to prominence on the Solana blockchain, logging a record 24-hour trading volume of $10.48 billion, according to Defillama data. This figure represents roughly 30% of Solana's total decentralized exchange (DEX) turnover, outpacing peers like Raydium and Orca. The protocol's unique design as a dark pool automated market maker (AMM) distinguishes it from conventional DEXs, which rely on open liquidity pools. HumidiFi's creator-internal liquidity model offers tighter slippage and built-in MEV protection, making it a strategic integration for Jupiter's routing system, where it now accounts for about one-third of Prop AMM activity.

The momentum has set the stage for HumidiFi's WET token initial coin offering (ICO), scheduled for December 3 on Jupiter's Decentralized Token Formation (DTF) platform. Tokenomics details reveal a total supply of 1 billion WET tokens, with 10% allocated to the ICO and fully unlocked at the Token Generation Event (TGE). The foundation holds 40% of the supply, with 8% unlocked at TGE and the remainder distributed linearly over 24 months. Ecosystem and lab reserves each claim 25%, with staggered unlock schedules designed to mitigate short-term supply shocks.

Presale eligibility on Jupiter DTF is segmented into tiers: Wetlist (6%) for active HumidiFi users and community members, Jupiter Stakers (2%), and a public presale (2%) according to on-chain data. This structured approach aims to balance early liquidity with long-term governance participation. Analysts note that the tokenomics' emphasis on gradual unlocks could stabilize WET's price trajectory post-launch, though investors are advised to assess dilution risks over the 24-month horizon.

Recent on-chain activity underscores growing confidence in the protocol. In the 24 hours preceding the ICO announcement, HumidiFi's volume reached $636 million, surpassing Raydium's $511 million and solidifying its position as Solana's largest DEX. The platform's integration with Jupiter further amplifies its reach, leveraging the exchange's user base and routing algorithms to attract liquidity.

As the December 3 launch nears, the market will closely monitor how WET's tokenomics and HumidiFi's performance align with broader Solana ecosystem dynamics. With institutional-grade MEV safeguards and a focus on high-volume, low-slippage trading, the DEX is positioning itself as a critical player in the next phase of decentralized finance on the fast-growing Solana network.