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Solana ‘dark’ exchange HumidiFi dominates trading with record $34bn volume
Yahoo Finance·2025-10-20 19:10

HumidiFi, a so-called dark exchange, has become the biggest trading venue on Solana after processing a record 34billionoverthepastmonth.ItbeatoutMeteora,aliquidityprotocolwhichregistered34 billion over the past month. It beat out Meteora, a liquidity protocol which registered 31 billion in volume, and Raydium, one of Solana’s oldest exchanges which handled 21billion,perDefiLlamadata.ItsamonumentalsurgeforHumidiFi,whichthreemonthsagoregularlystruggledtobreak21 billion, per DefiLlama data. It’s a monumental surge for HumidiFi, which three months ago regularly struggled to break 100 million in daily trading volume. Dark exchanges, sometimes called dark automated market makers, ...