Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesEarnWeb3SquareMore
Trade
Spot
Buy and sell crypto with ease
Margin
Amplify your capital and maximize fund efficiency
Onchain
Going Onchain, without going Onchain!
Convert & block trade
Convert crypto with one click and zero fees
Explore
Launchhub
Gain the edge early and start winning
Copy
Copy elite trader with one click
Bots
Simple, fast, and reliable AI trading bot
Trade
USDT-M Futures
Futures settled in USDT
USDC-M Futures
Futures settled in USDC
Coin-M Futures
Futures settled in cryptocurrencies
Explore
Futures guide
A beginner-to-advanced journey in futures trading
Futures promotions
Generous rewards await
Overview
A variety of products to grow your assets
Simple Earn
Deposit and withdraw anytime to earn flexible returns with zero risk
On-chain Earn
Earn profits daily without risking principal
Structured Earn
Robust financial innovation to navigate market swings
VIP and Wealth Management
Premium services for smart wealth management
Loans
Flexible borrowing with high fund security
Dark Pool HumidiFi Becomes Solana’s Top DEX with $8.55B in One Week

Dark Pool HumidiFi Becomes Solana’s Top DEX with $8.55B in One Week

CoinspeakerCoinspeaker2025/09/28 16:00
By:By Parth Dubey Editor Julia Sakovich

HumidiFi has become the top decentralized exchange on Solana by trading volume on the weekly timeframe, surpassing Meteora.

Key Notes

  • HumidiFi has become the top decentralized exchange on Solana by trading volume on the weekly timeframe, surpassing Meteora.

HumidiFi has recently climbed to the top of Solana’s decentralized exchange rankings, recording $8.55 billion in trading volume over the past week. The dark-pool protocol, which uses proprietary automated market makers (prop AMMs), outpaced rivals Meteora, Raydium, and PumpSwap.

According to data from DeFiLlama, on Sept. 25 alone, HumidiFi processed a record $1.92 billion in trades, more than one-third of Solana’s total daily volume. Currently, it records a 24-hour trading volume of $557 million, second only to Meteora’s $700 million.

Dark Pool HumidiFi Becomes Solana’s Top DEX with $8.55B in One Week image 0

Solana DEX leaderboard by trading volume | Source: DeFiLlama

The Rise of Dark Pools on Solana

Prop AMMs, often described as dark pools, quote prices privately and route trades through aggregators rather than public order books. This results in private execution and reduced slippage, making them attractive to large traders who prefer not to reveal their moves.

Data from Sandwiched.me shows these protocols sometimes achieve negative spreads, allowing exceptionally cost-efficient swaps. This efficiency is leading to a shift from public liquidity venues like Raydium and Orca toward these quieter, algorithm-driven pools.

For instance, HumidiFi lacks a public front end or massive hype of social media, but it is drawing significant flow from professional market participants. The platform’s deep liquidity and private routing allow whales to place large trades without alerting the wider market.

Competition Remains Fierce

While HumidiFi’s numbers impress, established rivals continue to dominate the ecosystem. Raydium remains a leader of Solana’s decentralized exchange scene with its robust liquidity, consistent technical development, and community incentives.

Meteora also retains a strong market share through extensive integrations and partnerships. On the other hand, PumpSwap serves retail traders seeking quick Solana meme coins opportunities.

Meanwhile, the broader decentralized space continues to record growth. Decentralized-to-centralized exchange trading volumes now hold 18.5% share, which suggests rising interest in non-custodial platforms.

On Solana specifically, weekly decentralized trading climbed 6%, sitting at $2.7 billion as of Sept. 29.

next
0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

PoolX: Earn new token airdrops
Lock your assets and earn 10%+ APR
Lock now!

You may also like

Bipartisan Legislation Assigns Crypto Regulation to CFTC to Clarify Oversight Uncertainty

- U.S. lawmakers propose shifting crypto regulation from SEC to CFTC via a bipartisan bill, reclassifying most digital assets as commodities. - The draft aims to resolve regulatory ambiguity stifling innovation, building on stalled House CLARITY Act efforts during the 38-day government shutdown. - Market optimism surged as shutdown relief pushed Bitcoin above $105k, with ETF outflows persisting amid anticipation of clearer CFTC-led oversight. - Critics warn of CFTC resource constraints, while proponents hi

Bitget-RWA2025/11/11 05:40
Bipartisan Legislation Assigns Crypto Regulation to CFTC to Clarify Oversight Uncertainty

Solana News Update: DevvStream Invests in SOL Despite $11.8M Deficit, Shows Strong Confidence in Sustainable Blockchain Prospects

- DevvStream Corp. (DEVS) disclosed holding 12,185 SOL and 22.229 BTC, staking SOL for 6.29% annualized yield amid a $11.8M fiscal 2025 loss. - The company launched a digital asset treasury via BitGo/FRNT Financial, securing $10M liquidity from a $300M convertible note facility. - Plans include a 2026 tokenization platform for carbon credits and Solana staking, aligning with its de-SPAC/Nasdaq listing strategy. - Despite crypto market outflows, DevvStream's staked SOL attracted inflows, contrasting broader

Bitget-RWA2025/11/11 05:28

ALGO Falls by 2.28% Over 24 Hours as Short- and Long-Term Performance Shows Mixed Results

- ALGO dropped 2.28% in 24 hours to $0.1844, contrasting with 17.29% weekly and 4% monthly gains but a 44.84% annual decline. - Traders monitor ALGO's resilience amid macroeconomic shifts, though long-term bearish trends highlight structural challenges. - Key support at $0.18 could trigger bullish momentum if held, while breakdown risks further declines toward $0.15. - A backtest analyzing 15% single-day spikes aims to assess ALGO's potential for sustained gains or pullbacks post-rallies.

Bitget-RWA2025/11/11 05:16

BCH Gains 1.24% Following Banco de Chile’s Announcement of Bylaw Changes

- Banco de Chile (BCH) announced bylaw amendments on Nov 10, 2025, to strengthen corporate governance and align with regulatory standards. - The announcement coincided with a 10.81% 7-day stock surge, contrasting with a 2.07% monthly decline but supporting a 20.6% annual gain. - Investors viewed governance reforms positively, as such changes often signal improved transparency and accountability in regulated markets.

Bitget-RWA2025/11/11 05:16