December 9th Binance Alpha $WET Project Analysis:

1. Project Introduction:

@humidifi is an automated market maker and DEX on Solana, operating as a dark pool AMM behind aggregators like Jupiter, handling about 35% of Solana's spot DEX trading volume.

2. Token Model:

Total Supply: 1 billion

Initial Circulation: 230 million (23%)

Launch Time: December 9th 17:00

Project Financing: No VC financing, public pre-sale of $5.57 million

Naruto Rating: ★ ★ ★ ☆ ☆[Comprehensive feeling, not authoritative rating]

SOL Contract: WETZjtprkDMCcUxPi9PfWnowMRZkiGGHDb9rABuRZ2U

3. Token Economics:

▶︎ Public Pre-sale: 10% (TGE 100% fully unlocked)

▶︎ Foundation: 40% (TGE 8%, remaining linear release over 24 months)

▶︎ Ecosystem: 25% (TGE 5%, remaining linear release over 24 months)

▶︎ Team: 25% (TGE 0%, linear release over 24 months)

4. Chip Analysis:

* 17:00 Binance Alpha expected 1%

* 22:00 10% of ICO fully claimable for circulation.

5. Financing Details:

* No VC financing, public pre-sale of $5.57 million

* Wetlist whitelist/community: 4%, price 0.05U, raised $2 million.

* JUP stakers: 3%, price 0.05U, raised $1.5 million.

* Public pre-sale: 3%, price 0.069 USDC, raised $2.07 million.

6. Revenue Estimates:

* Pre-market price 0.125U, corresponding circulating market value of 28 million, FDV 125 million

* Average pre-sale cost 0.055U, corresponding circulating market value of 12 million, FDV 55 million

* Binance Alpha expected to be first come, first served

7. Supplement

* As the largest proprietary Prop AMM protocol in the Solana ecosystem, with no VC financing, it relies solely on transaction fees for profitability. Since its launch mid-year, it has performed strongly, with trading volume now exceeding traditional AMMs like Raydium and Orca due to its low fee and low slippage advantages.

* The pre-sale cost compared to the pre-market price shows a potential for doubling. The main selling pressure is after 10 o'clock, but if compared with several DEXs on SOL, the value for money is good, with $RAY having a circulating market value of 300 million, $MET 160 million, and $ORCA 77 million, provided that the project can continue to maintain its advantages.

Investment research analysis will be synchronized to the channel as soon as possible. Those interested can join to get timely updates: https://t.me/LuBtc888

#WET #humidifi