HumidiFi suspends trading after network incident, limits impact to our internal funds

HumidiFi, one of the most active decentralized exchanges on Solana, has suspended trading on its platform after it disclosed a security incident against its network. 

The exchange maintains that the damage was confined to its own funds and no customer or third-party assets were affected.

What did HumidiFi disclose? 

HimidiFi revealed on its official X account that a portion of its internal network has been affected and said the team was still investigating. It told followers that the impact of the attack was limited to its own funds and that no customer or outside assets had been touched. 

Trading is currently suspended on the platform, but beyond that, the company did not reveal much about the incident. They have also not officially named the event a hack or put a dollar figure on any loss. 

DefiLlama data shows that HumidiFi handled around $213.79 million in trades in the last day, with its 30-day volume reaching about $2.468 billion.

Meanwhile, WET, the exchange’s native token, saw its own 24-hour trading volume jump nearly 192% to about $5.49 million even as its price dropped 8.66% to $0.07173. The token now sits about 78% below its December 10, 2025, all-time high of $0.336. 

What other security incidents has HumidiFi reported? 

Prior to this attack, HumidiFi organized a token sale on Jupiter that quickly collapsed after a bad actor bought nearly all of the available tokens using automated wallets.

Bubblemaps reported that at least 1,100 wallets of the roughly 1,530 that participated in the sale had identical funding and timing patterns. 

HumidiFi completely canceled the sale, writing, “The sniper is not getting shit,” in its statement, which was posted on its X account at the time. However, Cryptopolitan reported the event had still pulled in $1.39 million in USDC before it was canceled.

Following the cancellation, the team promised to organize fresh tokens and a pro-rata airdrop for legitimate buyers. 

Cryptopolitan reported the growing regularity of probes into digital asset projects during Q2 of 2026, which closed as the quarter with the most incident reports on record. Roughly 83 separate security incidents occurred through June 22, and about $775 million in losses, per DefiLlama data.

The smartest crypto minds already read our newsletter. Want in? Join them.