WET-USD · catalysts, narrative & risks

What WET is

WET is the native token of HumidiFi, a decentralized exchange (DEX) built on the Solana blockchain [3], [6]. It is an SPL token on Solana [DOC-5], [DOC-6]. HumidiFi launched in June 2025 and describes itself as Solana's leading DEX by volume, processing roughly $1 billion daily and capturing about 35% of the network's spot DEX activity [3], [6]. Its differentiator is a "proprietary AMM" (prop AMM) model that merges on-chain execution with active, predictive market-making logic [6].