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Humidifi Becomes Solana’s Top Protocol by Daily and Weekly DEX Volume

The post says Humidifi, a proprietary automated market maker on Solana, ranked first by both daily and weekly decentralized exchange trading volume.

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Terms & Concepts
  • AMM (automated market maker): A blockchain-based trading system that uses liquidity pools and pricing formulas instead of traditional order books.
  • DEX volume: The amount of trading activity executed on a decentralized exchange over a given period.
  • Solana: A blockchain network known for high-speed transaction processing and low fees.