Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesEarnSquareMore
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

Astar (ASTR) Price Rally: On-Chain Usage and Institutional Engagement Fuel Lasting Expansion

- Astar (ASTR) surged 40% in late 2025 driven by on-chain adoption and institutional investments. - Q3 2025 saw 20% growth in active wallets and $2.38M TVL, supported by Agile Coretime upgrades and 150,000 TPS cross-chain infrastructure. - A $3.16M institutional investment and Astar 2.0's EVM compatibility highlight its multichain infrastructure vision and technical maturity. - Strategic partnerships with Animoca Brands and Sony Soneium, plus Chainlink CCIP integration, strengthen Astar's interoperability

Bitget-RWA2025/11/22 02:06

DASH Soars 150% in a Week: Unpacking the Factors Behind the Privacy Coin’s Comeback

- Dash (DASH) cryptocurrency surged 150% in 7 days, driven by institutional adoption and thematic investment trends in blockchain privacy solutions. - The rally coincided with DoorDash (NASDAQ:DASH) stock's media attention, creating confusion between the crypto and equity assets despite unrelated fundamentals. - On-chain data showed increased DASH activity, reflecting retail interest in privacy-focused protocols amid post-FTX market shifts and DeFi optimism . - Analysts warn of risks from ticker symbol amb

Bitget-RWA2025/11/22 01:52

Vitalik Buterin Supports ZKsync: Strategic Impact on Ethereum Layer 2 Growth and Institutional Investment in Crypto

- Vitalik Buterin endorsed ZKsync's 2025 Atlas upgrade, highlighting its role in Ethereum's scalability and institutional adoption. - The upgrade enables 15,000 TPS with near-zero fees via ZK Stack, enhancing liquidity sharing and Layer 2 interoperability. - ZKsync attracted $15B in 2025 inflows, with ZK token surging 50% post-endorsement, signaling institutional confidence. - Upcoming Fusaka upgrade aims for 30,000 TPS, strengthening ZKsync's position against rivals like Arbitrum and Optimism . - Buterin'

Bitget-RWA2025/11/22 01:52