What to Know:
- HumidiFi hit $8.55B in weekly trading volume, surpassing Raydium, Meteora, and PumpSwap.
- Dark pool privacy + Prop AMMs attract whales, institutions, and high-frequency traders.
- Built on Solana’s speed and low fees, HumidiFi is reshaping the DEX race with record activity.
HumidiFi, has quickly become the fasted growing DEX on Solana. According to reports, the dark pool platform recorded $8.554 billion in trading volume over the past seven days, overtaking rivals Meteora, Raydium, and PumpSwap to become the largest DEX on Solana.
On September 25, HumidiFi also hit a record daily trading volume of $1.917 billion, a new high that signals just how quickly its influence is expanding in the Solana ecosystem.
Last week, Marc from Blockworks reported that one-third of all trade volume on Solana was executed by HumidiFi, showing just how central the platform has become. As Marc put it, “The Solana DEX market evolves faster than its block times.”
What’s Driving HumidiFi’s Growth?
There are a number of reasons why HumidiFi’s trading activity has grown so quickly. The platform uses Proprietary Prop AMMs, which let prices change, lower slippage, and tighter spreads. This makes it easier and more appealing for advanced traders and liquidity providers to manage liquidity. HumidiFi also has dark pool features, which let big trades happen in private without showing up on public order books. This privacy keeps whales and institutions from being front-run or manipulated, which makes it easier for them to trade in large amounts.
Incentives and airdrops on the platform are another reason for growth. They often get people to trade and use the platform more in the short term. HumidiFi is now a great place for both high-frequency and institutional traders because Solana is fast and has low fees. These things together explain why the exchange has been able to beat out more established competitors and set new records for trading volume.
How HumidiFi Compares to Rivals
Raydium has been a leader on Solana for a long time and has a lot of liquidity and Serum integration. It handles about $33 million in business every day and has more than $2 billion in liquidity locked up. Meteora has a lot of liquidity and offers high yields.
PumpSwap is popular for meme tokens and quick launches, but its volumes are very unstable and don’t last very long. While HumidiFi’s Edge comes from its combination of Prop AMMs and dark pools. This mix makes it more appealing to big traders who want both privacy and efficiency.
The Impact of Dark Pools and Prop AMMs
HumidiFi’s success is based on dark pools and Prop AMMs. Prop AMMs help keep prices stable and reduce slippage. Dark pools, on the other hand, let big traders work without letting their competitors know what they’re doing.
As one X user put it, “HumidiFi topping Solana isn’t just about volume; traders clearly want speed and privacy.” Dark pools are finally getting their time to shine. “Aggregators could be the wild card here.”
Some people say that dark pools could make DeFi less clear, even though they make trading more efficient. A recent report said that Solana’s new wave of dark AMMs can make trading cheaper and faster, but at a cost. Ordinary retail traders may not be able to see or react to trades made by bigger players. This makes people wonder if privacy and fairness can really exist on decentralized platforms.
Closing Thoughts
The growth of HumidiFi shows how quickly new ideas can change the Solana ecosystem. It has been shown that privacy features, advanced liquidity models, and incentives can bring in both retail and institutional activity, with a weekly trading volume of $8.55 billion.
Raydium and Meteora are still strong players, but HumidiFi’s rise shows that the race of Decentralized Exchanges is not over yet. If the platform can keep going at this pace, it could become one of the most well-known names not just on Solana, but in the whole DeFi world.
