Humidifi Targets Liquidity Boost for Institutions in Solana Trades

Co-founder Kevin Pang reports spread reductions on Solana from 30 to about 5 basis points, aiming to support $10 million–$100 million transactions.

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Terms & Concepts
  • Automated Market Maker (AMM): A decentralized trading protocol that uses algorithms to price assets and provide liquidity without traditional order books.
  • Basis Points (bps): A unit equal to one-hundredth of a percentage point, used to express interest rates or spreads in finance.
  • Solana (SOL): A high-performance blockchain network designed for fast transactions and low fees, often used for decentralized applications and crypto trading.