- •HumidiFi leads Solana DEXs with $8.554B in 7-day volume
- •Reaches record $1.917B daily volume on September 25
- •Uses dark pool model with private pricing and aggregator execution
HumidiFi, a relatively lesser-known decentralized exchange (DEX), has taken the lead in the Solana ecosystem. According to DeFiLlama, it recorded an impressive $8.554 billion in trading volume over the past seven days. This performance has pushed HumidiFi ahead of well-established platforms like Raydium, Meteora, and PumpSwap, making it the largest DEX on Solana for the week.
The spike in activity reached its peak on September 25, when HumidiFi reported a record-breaking $1.917 billion in daily trading volume. These numbers not only reflect growing interest in alternative DEX models but also highlight HumidiFi’s increasing dominance in the Solana DeFi landscape.
What Makes HumidiFi Different?
Unlike traditional automated market makers (AMMs), HumidiFi operates as a “dark pool” or Prop AMM. In this model, pricing information is quoted privately rather than being publicly visible. This offers advantages for traders seeking less slippage and reduced front‑running risks.
Instead of routing trades through public liquidity pools, HumidiFi relies on aggregators to match orders with optimal pricing behind the scenes. This model appeals to institutional and high‑volume traders looking for discretion and efficiency.
The rapid rise in HumidiFi’s volume shows that there’s strong demand for more private, efficient DEX models—especially on fast, low‑fee networks like Solana.
What This Means for Solana DeFi
HumidiFi’s surge in volume suggests a shift in user behavior within the Solana ecosystem. While platforms like Raydium and Meteora have long been dominant, HumidiFi’s dark pool strategy is proving highly effective in attracting serious trading activity.
With Solana continuing to attract attention for its speed and scalability, platforms like HumidiFi are well‑positioned to capitalize on this momentum. As traders seek more efficient and discreet ways to execute large trades, dark pool DEXs may become a more common fixture in the DeFi world.