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#WET HumidiFi is a decentralized exchange protocol built on the Solana blockchain, occupying an important position in the Solana DeFi ecosystem with its unique mechanism. Here is its core information:
1. Core Technology and Advantages: Its main competitive edge is the proprietary “Prop AMM” model, essentially a dark pool mechanism that processes orders in a private pool before trade settlement. This design reduces slippage and front-running issues, while achieving extremely low trading fees (as low as 0.001%). Its capital efficiency is claimed to be 154 times that of traditional AMMs, previously accounting for over 35% of the Solana DEX market share, with a single-day trading volume reaching up to $1.92 billion.
2. Ecosystem Core Token WET: The platform’s native token WET has a fixed total supply of 1 billion tokens, serving both practical and governance purposes. Users staking WET can enjoy trading fee discounts, which are linked to the amount staked and lock-up duration; it is also a key credential for participating in platform governance and receiving fee refunds. The token was generated on December 9, 2025, after raising approximately $5.57 million through multiple funding rounds.
3. Platform Features and Controversies: Its advantages include leveraging Solana’s high throughput and low latency to meet the large trading needs of individual and institutional traders. The quick rectification after bot attacks during initial token sales also demonstrates its security responsiveness. However, there are controversies, such as the pressure on profitability due to ultra-low fees, and the distribution details of the token team and advisors are not fully disclosed. Its long-term sustainability remains to be observed.
The description found on Doubao suggests that if it's real, it's at least a pump coin level, right?
Currently, the circulating market cap is only $40 million, which is somewhat low, so consider buying some spot to hold.