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HumidiFi DEX Claims Near-Zero Costs and High-Speed Trading at Solana Breakpoint

New data shows HumidiFi’s SOL-USD spot trading volume surpassed Binance and all centralized exchanges combined, marking a milestone for Solana’s decentralized trading ecosystem.

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Summary

HumidiFi’s SOL-USD spot trading volume exceeded Binance’s for the first time in November 2025, according to Blockworks. Over the past three weeks, HumidiFi’s volume surpassed that of all centralized exchanges combined, with tighter spreads than CEX competitors. This achievement builds on earlier claims from core member Ben that the DEX offers near-zero transaction costs, processes tens of thousands of trades per second, and holds 60% of on-chain trading volume.

Terms & Concepts
  • DEX (Decentralized Exchange): A platform enabling cryptocurrency trading directly between users without relying on intermediaries.
  • On-chain trading volume: The total transaction volume recorded directly on a blockchain, reflecting decentralized activity.
  • Spread: The difference between the highest bid and lowest ask prices in a trading market.