HumidiFi on Solana Sets Record $34B Monthly Trading Volume, Surpassing Meteora and Raydium in Dark Pool Market

HumidiFi, a Solana-based on-chain dark pool venue, has surged to the top of Solana‘s trading landscape, recording approximately $34 billion in activity over the past month. Data from DefiLlama show the platform eclipsing Meteora‘s $31 billion and topping Raydium‘s $21 billion, a dramatic rise from under $1 billion months earlier.

Dark pool trading platforms on Solana operate largely behind the scenes. They typically lack public front-end sites and do not invite passive liquidity provision. Trades are routed through market-makers via aggregators such as Jupiter, with liquidity supplied predominantly by the operators themselves rather than external users.

While on-chain activity remains visible, operator anonymity is common among dark pool projects. HumidiFi has remained anonymous to date, with on-chain signals and social activity offering clues rather than confirmation. Investors should weigh the potential execution advantages against the opacity of governance and ownership in this niche.