Solana News Update: Jupiter's DTF Platform Introduces WET Token to Address Fairness Challenges in DeFi ICOs

Solana's DeFi sector is on the verge of another significant shake-up as HumidiFi, the blockchain's largest dark pool automated market

(AMM), gets ready to introduce its native token, WET, this November. The token will make its first appearance through Jupiter's Decentralised Token Formation (DTF) platform, representing a major milestone for both HumidiFi and the wider community, as reported by .

HumidiFi has quickly become a dominant force in Solana's decentralized trading environment, handling more than $33.3 billion in transactions over the last month—accounting for almost a quarter of all Solana DEX trades, according to DeFiLlama. Unlike conventional AMMs such as

, which depend on liquidity from users, HumidiFi runs as a "prop AMM," utilizing only liquidity provided by its founders. This approach enables it to actively counteract bot activity and maintain narrower spreads, making it a favored choice for trading aggregators like .

The WET token rollout, confirmed by Jupiter’s “cat-herder” Kash Dhanda during a livestream, will be the inaugural project on Jupiter’s DTF platform. This platform features a multi-tier allocation process: tokens are initially set aside for whitelisted groups (such as team members and backers), followed by an allocation for

stakers, and finally a public sale on a first-come, first-served basis, according to the DL News report. This method is designed to address concerns with newer ICO models, where pro-rata allocations can be dominated by large investors. Jupiter’s legal advisor, Yu Kheng Pek, highlighted that the first-come approach is intended to promote fairness, moving away from what he called “manipulable” systems.

The DTF platform also incorporates extra protections. Tokens sold to the public will be immediately tradable on Meteora, a DEX linked to Jupiter, while insider allocations will be locked onchain to prevent rule evasion. JUP stakers will have the opportunity to participate in a discounted pre-sale, a benefit Dhanda suggested could become standard for future DTF launches, as noted by DL News.

This launch highlights the increasing sophistication of Solana’s DeFi ecosystem. HumidiFi’s achievements as a prop AMM demonstrate the network’s capacity to push beyond traditional AMM frameworks. By integrating with Jupiter’s ecosystem, the project seeks to reinforce Solana’s reputation as a fast, cost-effective alternative to Ethereum-based platforms, according to

.

Experts suggest that the WET token could serve purposes beyond governance, such as encouraging liquidity provision or trading activity. Nevertheless, there are still risks, including price swings and potential vulnerabilities in smart contracts typical of new protocols, BitcoinWorld also warned.

HumidiFi’s ascent mirrors broader developments in decentralized finance. As dark pool AMMs like HumidiFi capture a growing share of trading volume, they are transforming the landscape of onchain trading. Jupiter’s DTF platform, by offering a structured approach to token launches, may drive further advances in capital formation and liquidity strategies, according to

.

With WET’s launch scheduled for November, the Solana community is eager to see if this partnership between two major DeFi entities will spark the next phase of growth. For now, attention is on the technical rollout of the token and how it performs after launch, as reported by

.