They lied to us saying DEX efficiency comes from deep liquidity, we can prove this is false now. @humidifi processes $1.1B in daily volume on @solana with only $10M TVL, making them the #1 DEX by volume, ahead of giants like @Uniswap and @PancakeSwap. It's not a traditional DEX. It runs a dark AMM model with a single market maker, no public pools, and no user-provided liquidity. Execution is completely hidden from traders, which makes the system far more efficient. They currently capture 42% of all Solana DEX volume, which puts them far above every other DEX on Solana. Pros: > No MEV because execution is hidden > Almost zero slippage > Extremely high liquidity efficiency Cons: > Black-box architecture > Liquidity fully controlled by one market maker > Anonymous team Their token $WET launches in 3 days, with no VC allocation, and it will be the first token ever launched on @JupiterExchange. $JUP stakers will naturally get priority access. And there are several reasons why this sale looks extremely attractive: > First-ever ICO on Jupiter > Top DEX on Solana by volume > First dark AMM to truly succeed > Closest competitor to PancakeSwap and Uniswap in terms of volume dynamics When you compare Volume / FDV ratios across the top DEX tokens, WET’s potential valuation is somewhere between $200M and $1.8B FDV depending on the ratio used. If the sale launches with a FDV below $150M that would be a good deal based on the current on-chain performance.
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