A tough player has recently emerged in the Solana ecosystem - the dark pool DEX HumidiFi.

Let's look at the data: In just 5 months, we achieved over $100 billion in transaction volume, directly capturing 35-40% of the Solana DEX market. This report card is impressive anywhere.

There are several highlights on the technical side worth mentioning. Their self-developed AMM combined with ultra-fast oracles can keep slippage within 5 basis points, which is essential for large traders. The design of dynamically concentrated liquidity is also very clever, with transaction fees calculated at about 0.01%—the larger the trading volume, the higher the platform's revenue; this business model is quite clear.

The key point is coming: The WET token is said to become the first ICO project on the Jupiter DTF platform. The issuance process has designed a combination of a whitelist, exclusive discounts for JUP stakers, and a first-come-first-served public offering. If successful, it will be listed for trading on Meteora, and there will be no lock-up period or VC rounds, which is considered a relatively reasonable setting in the current environment.

The token itself has both governance rights and utility functions, and it will also be used for platform incentives and community building in the future. The overall narrative logic is relatively complete; it just depends on the execution.