Solana-based DEX HumidiFi has reached a nearly $5.57 billion trading volume in the last 24 hours, second only to Meteora.

BlockBeats News, September 29th, according to Defillama data, Solana-based Prop AMM DEX HumidiFi had a 24-hour trading volume of $5.57 billion, on par with Raydium and second only to Meteora.

Unlike traditional AMMs with publicly liquid pools, HumidiFi does not allow external liquidity providers and relies only on the creator's internal liquidity to provide narrower slippage tolerance and MEV protection. HumidiFi has been integrated into the Jupiter route, occupying nearly one-third of the platform's Prop AMM activity.