Performances
RD Popularity Index
RD Growth Index
| 1h | 24h | 7d | 30d | 60d | 90d |
|---|---|---|---|---|---|
| 0.44% | 2.21% | 16.13% | 16.85% | 24.17% | 31.32% |
Revenue & Burn
Protocol income
-$27.13Buyback funds
--Burn funds
--Buyback ratio
--Protocol funds over time
Monthly amounts & ratios
| Period | Protocol income | Buyback funds | Burn funds | Buyback ratio |
|---|---|---|---|---|
| Nov 2026 | -$27.13 | -- | -- | -- |
| Oct 2026 | $9.04K | -- | -- | -- |
| Sep 2026 | $380.79K | -- | -- | -- |
| Aug 2026 | $52.33K | -- | -- | -- |
| Jul 2026 | $69.83K | -- | -- | -- |
| Jun 2026 | -$15.82K | -- | -- | -- |
Comparison
Tokenomics
Unlock Progress
Unlock Event
| Date | Unlocked Token Amount | Unlocked M.Cap | M.Cap (%) | Allocation |
|---|---|---|---|---|
| Dec 9, 2026 | 192.5M WET | $9.15M | 112.74% | 3 Allocation |
| Jun 9, 2027 | 192.5M WET | $9.15M | 112.74% | 3 Allocation |
Follow Updates
Follow Lists
People
About HumidiFi
HumidiFi is a decentralized exchange on Solana that runs a professional market maker model: liquidity is not open token-pair pools but vaults managed by professional trading teams, with quotes generated offchain and filled onchain, aiming to give major pairs depth and spreads close to centralized venues.
It targets slippage and impermanent loss in Solana AMMs, where public pools are arbitraged during volatility and makers absorb inventory risk. Delegating market making to professionals bounded by onchain vaults improves quote quality at the cost of decentralization: pricing power is concentrated and users must trust the makers' risk controls. Impersonation is a further risk, with a same-name presale site previously trading on its brand.
HumidiFi launched in mid-June 2025 and quickly became the leading AMM DEX on Solana, capturing 47.1% of all proprietary AMM trading volume within two months and surpassing legacy competitors like Meteora and Raydium in 30-day volume. In late October 2025, Jupiter selected HumidiFi as the first project on its DTF launchpad, with the WET token public sale raising $5.57 million and selling out instantly at a $69 million FDV. A second public sale round also sold out immediately, followed by listings on Binance Alpha (December 9), Upbit, and Bithumb for KRW/BTC/USDT trading pairs. In early 2026, HumidiFi experienced two security-related incidents: an internal network breach (customer assets unaffected) and a temporary website outage, both of which the team investigated and resolved. These events mark the project's rapid ascent, its pioneering role in Jupiter's DTF ecosystem, and its resilience through operational challenges.
Trading halt: On August 22 an internal network incident forced a full trading halt; losses were confined to the platform's own market-making capital while user and third-party assets were unaffected, but neither the size of the loss nor a restart date was disclosed, marking the third major operational disruption in about eight months.
Business and token: Peak daily volume exceeded $1 billion, at times 30-40% of Solana spot DEX volume. KuCoin listed a WET perpetual with up to 20x leverage on August 20. Supply is capped at 1 billion with roughly 170-230 million circulating in mid-August, staked for tiered fee rebates.
HumidiFi's cumulative trading volume surpassed $100 billion in May 2026, continuing to route orders for Solana aggregators such as Jupiter. On August 20, KuCoin Futures listed the WETUSDT perpetual contract with up to 20x leverage, broadening institutional and leveraged access
Future strategy and roadmap: On August 22, an internal network incident affecting its own operational funds prompted HumidiFi to proactively halt all trading; the team confirmed user and third-party funds were safe, while the loss size and recovery timeline remain undisclosed.
Kevin Pang — Co-founder; previously led teams at Paradigm and Jump Trading, with high-frequency trading experience at Citadel and SCP.
Cathy Yoon — General Counsel.
Core engineering is contributed by Butterfly Research (DBA Temporal), a Solana protocol engineering and validator optimization firm.