HumidiFi (WET) jumped sharply following simultaneous listings on South Korea’s largest exchanges, registering a roughly 45% uptick as new KRW trading pairs opened local access. The move, which started trading on December 15, 2025 at 18:30 KST, immediately expanded liquidity and drew strong trading flows for the Solana-based token.
The token began trading on Upbit and Bithumb with KRW, BTC and USDT pairs, a configuration that enabled direct fiat access for South Korean retail and institutional buyers. Reports indicate the price jumped about 45% on Upbit; some market observers recorded intraday spikes near 50% as momentum accelerated.
CoinMarketCap-listed pricing showed WET near $0.1844 during the surge, accompanied by a pronounced rise in 24-hour volume, signaling heightened participation. Earlier exchange rollouts on December 9–11 — including Coinbase, OKX, Bybit and a KRW pair on Coinone — preceded the latest push and had already produced a 157% advance after initial listings, according to market summaries.
Upbit and Bithumb together represent a large domestic footprint, with estimated user bases of about 8.3 million and 3.1 million respectively; that concentration of active accounts helps explain the so-called “Korea effect” that often amplifies newly listed tokens’ liquidity and price action. For traders, the KRW pair reduces friction by removing intermediary FX conversion, while BTC and USDT pairs preserve cross-market arbitrage pathways.
Technology, market position and risks for Humidifi
HumidiFi operates as a dark-pool decentralized exchange built on Solana and developed by Temporal. A dark pool DEX matches orders with elevated confidentiality to limit front‑running and reduce market impact; in practice this design appeals to larger counterparties seeking lower slippage and MEV protection. Data from the project’s market reports indicate HumidiFi has captured a dominant portion of Solana DEX activity—exceeding 50% of on‑chain DEX volume at times and reaching daily volumes above $1 billion—which underpins its claim of institutional-grade execution.
That technical profile increases its utility for treasuries and high-volume traders, but rapid listing-driven rallies carry attendant risks. The token’s initial ICO was cancelled amid bot interference, a past operational issue that underscores execution and distribution vulnerabilities. Short-term volatility around listings, concentrated order flow from a limited user base, and market fragmentation across multiple exchanges can produce sharp reversals; risk management and position sizing remain essential for traders and treasuries that consider exposure.
The dual listing on Upbit and Bithumb materially expanded HumidiFi’s market access and liquidity, triggering a near-45% price jump and renewed attention to its Solana dark-pool model. The immediate implication is stronger local participation and deeper order books; the medium-term test will be whether sustained volume and orderly price discovery follow.
