Humidifi Launches Aquarium Public Onchain Market-Making Program on Solana

The new program is designed to shift market making on Solana from opaque centralized exchange arrangements to a model with fixed fees, transparent spreads, pool metrics, and real-time dashboards.

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Summary

Humidifi has launched Aquarium, a public onchain market making program on Solana. According to the announcement, the product aims to replace opaque centralized exchange market-making deals with a more transparent structure built around fixed fees, visible spreads, pool metrics, and real-time performance dashboards. In crypto markets, market making helps support trading activity by placing buy and sell orders, while onchain systems can make execution data and liquidity conditions more visible to participants.

Terms & Concepts
  • Onchain market making: A trading and liquidity provision model executed on a blockchain, allowing participants to see activity, rules, and performance data more directly.
  • Solana: A blockchain network known for high throughput and low transaction costs, often used for trading, payments, and decentralized applications.
  • Centralized exchange market making: A liquidity provision arrangement on a centralized trading venue, where pricing, fees, and performance terms are often less visible to the public.