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.

Solana DEX leaderboard by trading volume | Source: DeFiLlama

The Rise of Dark Pools on Solana

Prop AMMs, often descri

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