HumidiFi Developer: Solana is revolutionizing retail finance, and HumidiFi's spread "beats" CEX

On December 12th, Core team member Ben of the dark pool DEX HumidiFi stated at the Solana Breakpoint Conference, “On the road to transforming the world, Solana can now process tens of thousands of transactions per second at near-zero cost and near-instant settlement. Anyone worldwide can access — through a new seat licensing and membership level system, entering a fully open, permissionless, Wall Street-grade quality, programmable, global market. We recently built a decentralized trading platform called ‘HumidiFi,’ which offers tighter bid-ask spreads than CEXs, with an average trading spread of only a few basis points. But what I really want everyone to realize is: this system is fundamentally reshaping retail finance. Retail investors can now access better spreads than on any traditional brokerage platform, narrowing to just a few basis points on average. Currently, this system accounts for 60% of all on-chain trading volume — and we are just getting started.”

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