What is HumidiFi? New DEX Tops Solana Charts with $1.1B Volume

With the Solana blockchain gaining traction in recent times, it has become a fertile ground for many new and innovative crypto projects to thrive. One of these new entrants is HumidiFi, which has only been in existence for a few months but has gained attention in the market as the top choice for many Solana users.

What is HumidiFi?

Launched in mid June 2025, HumidiFi is a decentralized exchange (DEX) platform on Solana with a few features that make it stand out from its competitors. Unlike many traditional Automated Market Makers (AMMs) with public liquidity pools, HumidiFi functions as a “dark pool” using proprietary (Prop AMMs or Dark AMMs) to execute trades privately.

Solana Prop AMMs operate privately, using vault-based liquidity managed by a single market maker, without public interfaces or front ends available online.  As a result, HumidiFi offers tighter spreads for users and reduced slippage, especially for large trades. It also integrates with aggregators like Jupiter.

Hence, many large traders on Solana who do not want to reveal their moves on public order books have adopted HumidiFi as their go-to DEX for transactions. 

Over $1.1B 24-Hour Trading Volume

Remarkably, the few-month-old decentralized exchange has made headlines as a significant force in Solana’s liquidity market. According to data from DefiLlama, HumidiFi has become the leading DEX on the Solana blockchain within the past 24 hours, with $1.103 billion in trading volume.

It has surpassed many famous exchanges, including Meteora, which ranks second on the list with $1.07 million in trading volume. Raydium and Orca combined were unable to reach the same 24-hour trading volume as HumidiFi, as they only recorded about $921 million daily volume.

Notably, this is not the first time HumidiFi has hit this milestone. In September 25, it witnessed its busiest trading day with approximately $2 billion in trading volume.

According to Dune data, approximately one million traders have placed over 41.05 million trades on HumidiFi. Moreover, HumidiFi has also emerged as the leading DEX on Solana within the past seven days with $9.7 billion weekly volume. On the monthly side, activity by various traders on the platform has surpassed $30 billion.

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