HumidiFi is a “proprietary AMM” (prop AMM) that combines on-chain execution with institutional-grade market-making logic. HumidiFi aims to tighter spreads, deeper liquidity, and execution that outperforms both DEX and CEX competitors.
HumidiFi stated on X that an incident occurred on its internal network earlier today, with the impact limited to the platform's own funds. Customer and third-party assets were unaffected. HumidiFi said the team is currently investigating the incident and has temporarily suspended trading. Further updates will be provided as appropriate following the completion of the review.
According to Token Unlocks data, tokens including HOME, WET, and ME will undergo large-scale token unlocks this week, with a total value exceeding $65 million.