Humidifi to Launch $WET Token via Jupiter Exchange's DTF Platform on Dec 3
According to official sources, HumidiFi’s $WET ICO will debut on Jupiter’s DTF, which recently surpassed major Solana DEXs in trading volume.
SOL
JUP
RAY
Fact Check
The assessment is 'likely_true' with high confidence due to consistent and direct confirmation from the most authoritative sources available. The official X accounts for both the Solana blockchain, on which the project is built, and the Jupiter Exchange, the specified launch platform, have explicitly confirmed all details of the statement. This includes the project name (HumidiFi), the token ticker ($WET), the launch platform (Jupiter's DTF), and the exact date (December 3). This high-authority evidence is further corroborated by other sources, including an influential community account and an individual's post, with no conflicting information present across any of the provided materials. The convergence of information from the core entities involved makes the announcement highly credible.
Summary
HumidiFi confirmed that its $WET token will launch on Jupiter Exchange’s Decentralized Token Fund (DTF) platform on December 3, marking the first ICO conducted under this model. The announcement coincides with Jupiter's dark pool DEX achieving $636 million in 24-hour trading volume, surpassing Solana-based competitors Raydium, Orca, and Meteora.
Terms & Concepts
- Automated Market Maker (AMM): A decentralized exchange protocol that uses algorithms to price assets and enable peer-to-peer trading without order books.
- Initial Coin Offering (ICO): A fundraising method where new cryptocurrency tokens are sold to investors before they are listed on exchanges.
- Decentralized Token Fund (DTF): A platform for launching and managing token sales in a decentralized manner, without relying on centralized intermediaries.