The dark pool trading platform HumidiFi has reached a trading volume of 34 billion dollars in the past month, becoming the largest DEX on Solana

ChainCatcher news, the dark pool trading platform HumidiFi has become the largest trading platform on the Solana chain, processing a record trading volume of $34 billion in the past month.

HumidiFi surpassed the liquidity protocol Meteora with a trading volume of $31 billion and outperformed the established Solana DEX Raydium (with a trading volume of $21 billion), while just three months ago, the platform's average daily trading volume often struggled to exceed $10 million. Dark pool trading platforms (also known as dark pool automated market makers or proprietary market makers) are a type of trading platform on the Solana blockchain that has gained popularity in recent months. Unlike the largest decentralized trading platform Uniswap, dark pool market makers operate in the background. They typically do not have an official website and do not allow users to provide liquidity to earn trading fees. These platforms often rely entirely on the liquidity provided by their creators (usually anonymous) and only accept trades routed through aggregators like Jupiter. Although dark pool market makers are more transparent than centralized trading platforms because all trades are publicly traceable on-chain, they have lower transparency in other aspects. Dark pool operators often choose to remain anonymous because they only interface with aggregators and do not directly engage with traders. The HumidiFi development team remains anonymous to this day, although their X account activity hints that they may reveal their identity soon.