HumidiFi is designed to evolve alongside Solana, leveraging every technical upgrade to create one of the most efficient, high-performance, and transparent market ecosystems: true internet capital markets.

HumidiFi’s Core Concept and Problem Solving

Traditional AMMs form the backbone of DeFi but are designed for simplicity, not performance. Static liquidity curves struggle to adapt in real time, creating several issues:

• Prices cannot respond instantly to market changes.

• Capital is inefficiently distributed, away from active trading zones.

• Wide spreads and poor price discovery harm user experience.

• Lack of user segmentation puts retail traders at a disadvantage versus arbitrage or bot activity.

• Liquidity is fragmented across pools and platforms.

• LPs face impermanent loss and reduced returns due to inefficient capital usage.

• High slippage and poor execution reduce retail trader satisfaction.

HumidiFi solves these problems with an active liquidity (prop AMM) approach:

• Predictive quoting: Real-time market data and risk metrics generate accurate price quotes.

• Dynamic inventory management: Exposure is continuously balanced, maximizing capital efficiency.

• On-chain settlement, off-chain intelligence: Computation is off-chain while custody and settlement remain fully on Solana.

• Retail-first design: Retail users receive better spreads and lower congestion than bots or arbitrageurs.

HumidiFi delivers low slippage, fast execution, and institutional-level liquidity, bringing Solana DEX performance closer to CEX standards.

Team and Partners

HumidiFi is supported by the Zero Position Foundation, a memberless organization without central owners. Core engineering contributions are provided by Butterfly Research (DBA Temporal), which specializes in protocol engineering, validator optimization, and liquidity infrastructure on Solana.

Additional support comes from independent engineering teams, liquidity providers, and product advisors, enhancing HumidiFi’s performance, resilience, and long-term sustainability.

Project Architecture and Features

HumidiFi is optimized for Solana’s high throughput and parallel execution:

• Proprietary Quoting Engine: Core liquidity and pricing logic is private and not open-sourced.

• Off-Chain Oracle & Predictive Model: HFT-powered oracle continuously updates market data.

• Optimized Solana Integration: Millisecond-level transaction confirmation, low network congestion.

• Universal Liquidity Layer: New pools are independent but share oracle and execution frameworks.

Integrations: Jupiter, DFlow, Titan, OKX Router, and other Solana infrastructure.

Roadmap

HumidiFi aims to go beyond being a DEX on Solana and establish a universal liquidity layer. Planned milestones include platform AMM services for institutional partners, issuer pools, and cross-chain expansion.

• May 2025: HumidiFi protocol launch on Solana.

• Oct/Nov 2025: Reaching top DEX volume in the Solana ecosystem.

• Nov/Dec 2025: $WET Token Launch via Jupiter DTF platform.

• Near Future: Full governance rollout and additional DeFi product launches.

Governance

$WET serves as HumidiFi’s governance token. Token holders can stake or lock $WET to vote on protocol upgrades, fee structures, and development decisions, ensuring decentralization and community influence.

Token Details

• Total Supply: 1,000,000,000 WET

• Max Supply: 1,000,000,000 WET

• Circulating Supply: 230,000,000 WET

$WET Token Use

• Staking for trading fee rebates and tier-based benefits.

• TGE (Token Generation Event) on December 5, 2025, via Jupiter DTF.

• Max supply: 1 billion WET (SPL standard).

• Distribution: Wetlist (6%), Jupiter stakers (2%), public pre-sale (2%).

$WET is a utility token, not an investment.

Token Allocation

• Foundation: 40%

• Ecosystem: 25%

• Labs: 25%

• ICO / Public Sale: 10%

Token Ecosystem & Features

• Active liquidity DEX (prop AMM)

• Predictive quoting and dynamic inventory management

• CEX-level, on-chain transparent execution

• Retail-focused design

• Parallel execution for low latency and minimal slippage

HumidiFi represents DeFi 2.0 on Solana, creating adaptive, efficient liquidity for true internet capital markets.

Official Links

• Website
• Twitter
• Litepaper

You can also freely share your thoughts and comments about the topic in the comment section. Additionally, don’t forget to follow us on our Telegram, YouTube, and Twitter channels for the latest news and updates.

The post What is HumidiFi (WET) ? appeared first on Coin Engineer.

Innovative mechanisms such as DLMM (Dynamic Liquidity Market Maker), Dynamic AMM Pools, and Dynamic Vaults allow Meteora to optimize user yield, reduce slippage, and increase capital efficiency. This ensures a fair, transparent, and profitable market experience for both traders and liquidity providers.

Team and Founders

Meteora is the rebranded version of Mercurial Finance, a long-standing project in the Solana ecosystem. The founding team consists of experienced DeFi developers:

• Meow – Co-founder

• Ben Chow – Co-founder

• Soju – Lead Developer

The team actively contributes to the Solana community and focuses on developing next-generation liquidity models.

Project Concept

Meteora aims to make liquidity management smarter, sustainable, and more efficient in the DeFi ecosystem. Traditional AMM models often face issues such as fixed price ranges and low efficiency. Meteora addresses these problems with dynamic pools that adjust according to market volatility.

• Liquidity automatically rebalances based on market conditions.

• LPs earn passive income optimized by price movements.

• Users benefit from low-slippage trading.

How the Protocol Works

DLMM Pools (Dynamic Liquidity Market Maker):
Liquidity is divided into dynamic ranges and updated automatically according to market prices, providing higher capital efficiency than classic AMMs.

Dynamic AMM Pools:
Flexible pricing models support adaptable trading pairs while maintaining liquidity efficiency in volatile markets.

Dynamic Vaults:
Automatic auto-compounding system for LPs. Users can create LP positions in a single transaction, and rewards are reinvested automatically.

Additional features:

• Anti Sniper Suite (bot and front-running protection)

• Zap & Lock (single-click LP management)

Governance

MET token holders can vote on the future of the Meteora ecosystem. Governance decisions include protocol updates, fee settings, staking rewards, and new product integrations.

Phoenix Rising (M3M3) Plan

The M3M3 Plan, also known as Phoenix Rising, symbolizes the transition from Mercurial Finance to Meteora. MRV token holders were able to migrate to MET, ensuring the community is integrated into the new liquidity infrastructure.

Partnerships & Integrations

Meteora benefits from a strong Solana partnership network:

• Jupiter: Trade routing and swap engine integration

• Kamino: Automated investment strategies

• Tensor: NFT liquidity

• Marinade: Staking and liquidity pools

• Raydium: Swaps and LP optimization

MET Token Use Cases

MET token powers:

• Protocol fee payments

• Launchpad access

• Revenue sharing

• Liquidity incentives

Token Info & Distribution

• Total Supply: 1,000,000,000 MET

• Max Supply: 1,000,000,000 MET

• Circulating Supply: 480,000,000 MET

Distribution

• Team: 18%

• Meteora Reserve: 34%

• M3M3 Plan: 2%

• Off-Chain Contributions: 2%

• Jupiter Stakers: 3%

• Launchpads & Launchpool Ecosystem: 3%

• TGE Reserve: 3%

• Mercurial Reserve: 5%

• Remaining: Community contributions, ecosystem incentives, and development fund

Roadmap

• 2021: Mercurial Finance launch

• 2022: Rebrand to Meteora

• 2023: Introduction of DLMM and Dynamic Vaults

• 2024: MET token preparations, testnet, community incentives

• 2025: MET launch, governance model, cross-chain integrations

Note: MET token will be listed on Binance Alpha on October 24, 2025, providing early access and increased liquidity.

Ecosystem & Security

Meteora implements OtterSec and Solana Foundation security protocols. Multi-signature (multisig) and timelock mechanisms ensure fund safety. Developers can integrate dApps using Meteora’s open infrastructure and incentive pools.

Key Features

• High speed and low cost on Solana

• Dynamic liquidity management

• Advanced AMM architecture

• Auto-compounding vault system

• Community-driven governance

• Strong partnership network

• Sustainable tokenomics

Official Links

• Website
• Twitter
• Discord

You can also freely share your thoughts and comments about the topic in the comment section. Additionally, don’t forget to follow us on our Telegram, YouTube, and Twitter channels for the latest news and updates.

The post What is Meteora (MET) ? appeared first on Coin Engineer.

Toly’s New Perpetual DEX Initiative

According to shared information, Yakovenko’s personal GitHub account hosts a newly discovered repository called “Percolator.” The repository description states, “A sharded perpetual exchange protocol for Solana,” suggesting the development of a continuous contract-based decentralized exchange protocol on Solana.

The project includes modules like Router Program and Slab Program, indicating a scalable DEX architecture designed for low-latency execution. While there is no official confirmation whether Yakovenko is directly a co-founder or lead developer of this DEX, developers and analysts in the SOL community interpret his active GitHub contributions as a strategic step for the Solana DeFi ecosystem.

GitHub Code Updates Draw Attention

Yakovenko’s commits under the username “aeyakovenko” include code related to perpetual trading mechanisms, liquidity pools, and match engine modules.
Contributors to the GitHub repository include aeyakovenko (Anatoly Yakovenko) and claude (Claude). This highlights Yakovenko’s active role in the development process and suggests the project may still be in a test phase.

Meanwhile, the BULK team recently raised $8 million in seed funding for another Solana-based perpetual DEX, with Yakovenko listed among the investors.

Many users and developers also view Toly’s initiative as the start of a new era of decentralized perpetual exchanges on Solana. However, until official announcements are made, the project should still be considered an early-stage initiative.

Also, you can freely share your thoughts and comments about the topic in the comment section. Additionally, please follow us on our Telegram, YouTube and Twitter channels for the latest news and updates.

The post Toly Launches New Perpetual DEX on Solana! appeared first on Coin Engineer.

Leading protocols included Raydium ($19.1B), Pump.fun ($14.2B), and Orca ($13.9B). BNB Chain maintained its top position with $159.6 billion volume, while Solana rose to second place by increasing its market share throughout June. Despite this rise, overall network activity remained 91% lower compared to January. 

Declines in the memecoin market have increased pressure on Solana. Over the past 16 days, tokens like Giga (-42%), Popcat (-35%), Fartcoin and PNUT (-31%), Bonk and WIF (-25%) lost significant value. This decline shook investor confidence despite rising DEX volume. Additionally, Hyperliquid’s dominance in the perpetual futures market, with trading volume surpassing competitors by 84%, has deepened threats to Solana. This success sparked speculation that some projects may build independent chains separate from Solana. 

What’s Next for SOL Price? 

Since June 12, SOL price dropped 15%, falling to $143.03, driven by declining memecoin interest and low network activity. Negative funding rates in derivatives markets indicate weakening demand for leveraged long positions. However, the SEC’s decision on a Solana spot ETF, expected in October, is seen as the biggest catalyst for price movement. Davo from Drift Protocol highlighted Solana’s robust infrastructure enabling token usage on the collateral side. 

Although Solana’s DEX volume attracts attention, memecoin declines and the Hyperliquid threat make investors cautious. Analysts note that due to low fees and high scalability, SOL has potential to retest $180 before October. 

You can also freely share your thoughts and comments about the topic in the comment section. Additionally, don’t forget to follow us on our Telegram, YouTube, and Twitter channels for the latest news and updates.

The post Solana Surpasses Ethereum in DEX Volume but Faces Challenges appeared first on Coin Engineer.

In October, Solana’s largest DEX platform, Raydium, reached $22.3 billion in trading volume, while Uniswap on Ethereum maintained its leading position with $38 billion in volume. Raydium managed to increase its market share from 7.6% at the beginning of the year to 18.4%. While Uniswap remains the most traded DEX in the Ethereum ecosystem, Solana is showing a strong increase in market share thanks to Raydium’s rapid rise.

Raydium is particularly notable for its high-frequency trading of new tokens. This is supported by the rise of pump.fun tokens, which make up a significant portion of the DEX volume on Solana. Recently, an AI bot called Truth Terminal launched various tokens on Solana, generating interest on social media and increasing on-chain activity.

Solana’s DEX volume surpassing Ethereum’s mainnet is seen as a significant development; however, Ethereum’s total DEX ecosystem includes Layer 2 solutions as well as the mainnet. As Layer 2s grow in popularity, Ethereum could have a greater impact on total DEX volume and reshape the volume balance between Solana and Ethereum.

Might interest you: What is BabyDoge?

Furthermore, the nature of trading activity on both chains is also different. Raydium focuses mostly on trading newly released tokens, while Uniswap trades more established token pairs. These differences suggest that the two chains are addressing different market needs rather than competing directly with each other.

While this increase in volume is an impressive milestone for Solana, it is important to note that raw volume metrics do not fully reflect the overall health or long-term sustainability of ecosystems.

You can join our Telegram channel to not miss the news and stay informed about the crypto world.

The post Solana DEX Volume Rises to 168% of Ethereum’s Mainnet appeared first on Coin Engineer.