HumidiFi, a relatively new decentralized exchange in the Solana ecosystem, has reached the top monthly volume among the network's DEXs, surpassing established platforms such as Raydium, Meteora, and PumpSwap. Launched in June as a proprietary automated market maker (AMM), the protocol processed approximately $34 billion in trades last month.
This performance surpassed Meteora, which registered $31,5 billion in volume, and Raydium, with approximately $21,4 billion. This rapid growth has attracted attention in the cryptocurrency market, especially among investors following emerging opportunities within Solana.
thats a beautiful chart…lets make another one https://t.co/FpvTMQoyFc
— HumidiFi (@humidifi_) October 20, 2025
HumidiFi's unique selling point lies in its proprietary AMM model, known in the industry as "prop." This type of solution reduces slippage by avoiding adverse flow, resulting in more efficient operations for traders. By offering better quotes, the protocol attracts greater liquidity and organic growth in trading volume, quickly establishing itself among Solana's top DEXs.
With the growing attention, the HumidiFi team fueled rumors about a possible token launch and token generation event (TGE). In a social media post, the project responded to a user who asked about the possibility of an airdrop with the phrase "soon." The post, however, was later deleted, heightening anticipation among market participants.
Solana's DEX sector has been the scene of fierce competition since the network's recovery in 2024. Raydium, Meteora, PumpSwap, and now HumidiFi have been alternating in the lead in trading volume, demonstrating that the fight for dominance remains fierce within the ecosystem.
While the prospect of a possible airdrop generates excitement among active users on the network, HumidiFi consolidates its presence as a relevant name among Solana-based DEXs, driving debates on new liquidity pool strategies and AMM efficiency in the crypto market.