Tomorrow, December 3rd, @ humidifi will release a new product without any VC and with a very low valuation Although Teacher Feng has a quota But in my personal opinion, hitting it should be a must earn. Opening at 65M is very reasonable Humidifi is a good project, and the credit limit is not a matter of whether it can be used or not, but whether it can be used or not Actually, 99% of people write this because they didn't understand it clearly Including a fraudulent female donor Everyone doesn't quite understand what Humidifi does You can understand that humidifi is a DEX, All transactions through JUP on Solana will prioritize selecting the optimal price For example, if you buy 1000 SOLs in JUP, @Jupiter Exchange will select the best quote from RAY and Meteora, and Humidifi will also participate in bidding Who provides the price for Humidifi? Market makers provide For example, A market maker provides selling and buying depth for SOLs, holding 100000 SOLs with over 10 million positions But it opened a SOL short position of equal value in the Binance contract Now you need to buy 1000 SOLs, and the market maker will sell you 1000 SOLs. It will reduce its position in Binance contracts. Due to the very low commission rate in Binance contracts, adding a sliding point of 10000 may earn you a profit of 20000 to 30000 Then, there will be several market makers here who will bid and offer the lowest price With this set of things, Humidifi took away nearly half of the trading volume in the SOLNA market Using CEX and DEX to aggregate liquidity, market makers spread liquidity onto the chain This is also a major reason for Meteora and Ray's decline One question is, after asking around, hardly anyone understands what this project is for. This is the real elephant in the room