HumidiFi token rebounds after brief site outage sparks sell-off

Source Cryptopolitan

HumidiFi’s token is up about 3% after ending an almost 10% dip earlier in the day as investors panicked over an earlier announcement from the team that the site is facing downtime. 

Not much else was said at the time, other than that the team is in the process of investigating and will deploy a fix as soon as possible. However, as of writing, the project is back online after it clarified that a server hold was placed on its previous site, so it went the faster route of a new domain to return online.

HumidiFi's WET token returns into the green after site downtime panic
HumidiFi’s WET token is back in the green after its site returned online. Source: CoinMarketCap

Downtime affected HumidiFi’s WET token 

The initial announcement did not reveal the cause behind the site’s downtime and appeared to have triggered panic and uncertainty among holders, leading to a price dip of almost 10%. 

While the cause was not revealed, there is currently no evidence that the crash was caused by a major exploit or long-term issue. It was simply a temporary outage, which is not an uncommon occurrence among high-performance DeFi projects. 

Broader crypto market conditions, especially the volatility facing Solana ecosystem tokens, may have amplified the move, but the WET token is no stranger to such moves, as it has shown swings since its launch. 

The token is currently trading at $0.1036 with a $23.82 million market cap and a 24-hour trading volume of over $14 million, indicating significant liquidity despite the dip. 

The announcement has come at a critical time for HumidiFi as it is getting ready to launch something called “Aquarium.” Nobody knows exactly what it is, but the team has been teasing its launch in tweets on X. 

One day ago, the team shared on X that it would be giving a talk about the Aquarium at Catlumpurrrr, a major community summit and event put together by Jupiter Exchange, so community members expect more details then. 

HumidiFi had an eventful launch in December 

HumidiFi’s WET token launched in December 2025, but the launch did not proceed without significant onchain drama that had the space buzzing for weeks after. 

The propAMM platform planned to launch the token via Jupiter’s Decentralized Token Formation, and the sale had tiers as there was an allowlist for community and early supporters, as well as allocations for $JUP stakers, and a public round. 

The token went live around December 4 and within seconds of the public phase opening, the entire allocation was completely drained by automated bots, leaving nothing for the legitimate users (weterans). 

Reports claim a single coordinated bot farm used thousands of wallets, all pre-funded to execute bundled/batch transactions. They exploited the DTF contracts’ handling of deposits at launch, as bots were able to spam high-priority transactions faster than humans refreshing the front end.

The HumidiFi team quickly alerted the community to what had happened, then scrapped the initial $WET token entirely, making tokens that were acquired in the sniped sale worthless. 

They also teamed up with Jupiter to make reparations, issuing a pro-rata airdrop to legitimate wetlist participants and $JUP stakers, while excluding snipers and bots. They deployed a new token contract, and a revised public sale was held on December 8, 2025, with anti-bot measures. 

The relaunch was oversubscribed but successful, raising over $2 million with over 4,000 real users participating. Jupiter also apologized later on for the initial lack of robust protections, claiming to have learned from it while praising the outcome as a win for the weterans.

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Disclaimer: For information purposes only. Past performance is not indicative of future results.
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