HumidiFi Suspends Trading After Network Incident, Says Only Internal Funds Affected
Key Takeaways
- •HumidiFi has suspended trading after a security incident affected a portion of its internal network, with the company asserting that only its own funds were impacted and no customer or third-party assets were touched.
- •The exchange has not officially described the event as a hack, disclosed a dollar figure for losses, or provided a timeline for resuming trading while its investigation remains open.
- •WET, the exchange's native token, fell 8.66% to $0.07173 while its 24-hour trading volume jumped nearly 192% to about $5.49 million, leaving it roughly 78% below its all-time high.
- •This is the second adversarial event for the project, following a Jupiter token sale that was canceled after bots snapped up nearly all tokens and still collected $1.39 million in USDC.
- •Neither the outcome of the current network investigation nor the delivery of replacement tokens and the pro-rata airdrop promised to legitimate buyers has a stated timeline.
HumidiFi, one of the most active decentralized exchanges on Solana, has suspended trading after disclosing a security incident affecting its network. The exchange maintains that the damage was confined to its own funds and that no customer or third-party assets were affected.
What HumidiFi disclosed
In a post on its official X account, HumidiFi said a portion of its internal network had been affected and that the team was still investigating. The company 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 the company has disclosed little else about the incident. It has not officially described the event as a hack, nor has it attached a dollar figure to any loss. The "internal funds only" assessment is HumidiFi's own, issued while its investigation remains open, and the company has not indicated when trading might resume.
The halt itself also illustrates that the platform, despite operating as a decentralized exchange, retains the operator control needed to freeze activity across its venue — a point that often features in discussions of how much control decentralized exchanges actually cede.
DefiLlama data shows the exchange handled roughly $213.79 million in trades over the past day, with its 30-day volume reaching about $2.468 billion.
WET, the exchange's native token, saw its 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.
Previous security incidents
Prior to this attack, HumidiFi organized a token sale on Jupiter that quickly collapsed after a bad actor used automated wallets to buy nearly all of the available tokens. Bubblemaps reported that at least 1,100 of the roughly 1,530 wallets that participated in the sale had identical funding and timing patterns.
HumidiFi canceled the sale entirely, writing in a statement posted to its X account at the time: "The sniper is not getting shit." Cryptopolitan reported that 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.
The current incident marks the second time the project has had to manage fallout from adversarial activity, and it leaves two unresolved tracks running in parallel: the outcome of the network investigation and the delivery of the replacement tokens and airdrop promised after the aborted sale. Neither currently has a stated timeline.
Cryptopolitan also 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, with about $775 million in losses, per DefiLlama data.
