HumidiFi has become the largest trading platform on Solana with a monthly trading volume of $34 billion.

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On October 20, the dark pool trading platform HumidiFi has become the largest trading platform on the Solana blockchain, processing a record trading volume of 34 billion USD in the past month.

According to data from the platform, HumidiFi has surpassed the liquidity protocol Meteora with a trading volume of 31 billion USD and also outperformed the well-established DEX Raydium on Solana (with a trading volume of 21 billion USD), while just three months ago, the platform's average daily trading volume often struggled to exceed 100 million USD.

The dark pool trading platform (also known as dark pool automated market maker or proprietary market maker) is a type of trading platform on the Solana blockchain that has gained popularity in recent months. Unlike the largest decentralized trading platform, some DEX, dark pool market makers operate in the background. They usually do not have an official website and do not allow users to provide liquidity to earn exchange fees. These platforms often rely entirely on the liquidity provided by their creators (usually anonymous) and only accept trades routed through trading aggregators like Jupiter.

Although dark pool market makers are more transparent than centralized trading platforms because all transactions are publicly verifiable on-chain, their transparency is lower in other aspects. Dark pool operators typically choose to remain anonymous as they only connect with aggregators and do not interact directly with traders. The HumidiFi development team remains anonymous to this day, although their social media account activity suggests that they may reveal their identity soon.

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LiquidatedDreamsvip
· 3h ago
Dark Pool bull market, Solana is really good.
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BugBountyHuntervip
· 8h ago
Dark pools are better than DEX, those who understand will understand.
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SchrodingerPrivateKeyvip
· 10-20 12:06
The darkness is the reason for the chaos, haha.
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probably_nothing_anonvip
· 10-20 12:06
The brothers are all panicking.
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ZenChainWalkervip
· 10-20 12:05
The leader of the Sol ecosystem is here.
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NFTArchaeologisvip
· 10-20 11:54
The interesting stories unearthed on-chain today reflect the undercurrents of Web1 from 20 years ago.
View OriginalReply0
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