Bot Farm Snipes Entire HumidiFi WET Token Supply in Milliseconds—Here’s How
Bot armies just executed a perfect supply raid—and left retail investors holding empty wallets.
The Mechanics of a Digital Heist
Automated scripts, likely running on custom infrastructure, bypassed standard transaction queues. They didn't just get in early; they got everything. The entire initial liquidity pool vanished before a single human trader could click 'buy.' It's high-frequency trading for the crypto age—only the playing field isn't a regulated exchange.
Who Really Wins in DeFi?
This isn't just a bad launch; it's a feature, not a bug, in many permissionless systems. The code is law, until someone writes better code. Projects promise decentralization, but the capital concentration at launch often tells a different story—one where the 'fair distribution' whitepaper section reads more like creative fiction.
The playbook is now standard: sniff the mempool, front-run the block, repeat. It turns every new token launch into a race where the starting gun is a silent blockchain event, and half the runners are supercomputers. The irony? This hyper-efficiency is celebrated as 'innovation' while effectively replicating the very gatekeeping Wall Street was supposed to disrupt. Some disruption—just swap the pinstripe suit for a hoodie and a shell script.
HumidiFi will launch new WET token after a repeated presale
In total, the event was counted as successful, raising $1.39M in USDC, for a valuation of $69M at the initial presale price. The IDO was held in three stages, distributing one tranche of 60M tokens and two additional presales of 20M tokens, one for Jupiter stakers and one for a public presale.
Whoever acquired the token in the initial sniping, may be left with a worthless asset. The HumidiFi team has not mention a refund for the deposits. The WET presale used Jupiter’s platform, which did not put up sufficient account filtering and bot defenses.
WET caused significant hype, rising to $0.25 in pre-market trading. The premarket price then sank to $0.15, with much lower volumes.
Since WET was supposed to be unlocked immediately, the initial trading may have led to a further price drop. The tokens were preparing for a launch on Meteora, as well as the MEXC centralized exchange.
WET tokens had to be distributed on December 9, but the new situation may delay the token generation event. Since the token was not created yet, there is no danger of competing assets with the same ticker.
HumidiFi offers access to dark liquidity pools
HumidiFi is different from other Solana DEX, as it offers access to dark liquidity pools. The exchange’s volumes and liquidity are not transparent, and the exchange has not published its fees.
The HumidiFi approach aims to prevent sniping and front-running orders, which is one of the biggest problems for retail on Solana.
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