Lookonchain APP

App Store

HumidiFi will issue its WET token through the Jupiter-owned ICO platform

3 hours ago

On October 30th, the Solana dark pool trading platform HumidiFi is going to release its WET token via Jupiter's ICO platform DTF. The Solana ecosystem DEX Jupiter previously announced the establishment of a new ICO platform, with the first project scheduled to commence in November. This platform is intended for community-funded projects, offering permissioned capital raising and granting exclusive access to JUP stakers. The community has conjectured that HumidiFi is its first project. The dark pool trading platform HumidiFi has emerged as the largest on-chain trading platform on Solana, handling a record-breaking $34 billion in transaction volume in the past month. Dark pool trading platforms (also known as dark pool automated market makers or proprietary market makers) are a kind of trading platform on the Solana blockchain that operates in the background, typically without an official website, and does not permit users to provide liquidity to earn exchange fees. These platforms often rely entirely on the liquidity provided by their creator (often remaining anonymous) and only accept trades routed through trading aggregators like Jupiter.
Relevant content

Powell: Will Promptly Complete the Federal Reserve Chair Reappointment Process

On October 30th, Federal Reserve Chair Powell stated: We will promptly complete the reappointment process of the Federal Reserve Chair. (Golden Ten)

19 minutes ago

Powell: More and More Officials Want to Postpone Rate Cut

On October 30th, Federal Reserve Chairman Powell stated that an increasing number of Fed officials are prepared to postpone the upcoming rate cut. Powell said, "After having cut rates at the previous two policy meetings, some officials felt the need to adopt a wait-and-see attitude. Now, an even greater number of people think that perhaps we should at least wait for one cycle." (FXStreet)

19 minutes ago

Powell: There Will Be Reason to Slow Down Interest Rate Cuts If There Is No New Information

On October 30th, Federal Reserve Chairman Powell stated that if no new information is received and the economic situation remains unchanged, there would be grounds to decelerate the pace of interest rate cuts. It is hoped that by December, more sufficient data can be obtained. The absence of data during the government shutdown may imply the necessity to slow down the pace of policy adjustments. The debate on whether to slow down interest rate cuts in December will continue for an undetermined period. (Oriental Fortune Network)

19 minutes ago

Fed's Bullhorn: FOMC Not Fully Endorsing Market's Pricing of Rate Cut in December

On October 30th, "Fed Whispers" Nick Timiraos wrote that Powell's press conference suggested that the FOMC as a whole did not concur with the market's previously high pricing of a December rate cut. Powell stated, "There exists a range of views regarding December, and I believe we will take those into account as we make decisions moving forward." And he emphasized that a December rate cut "is not something that should be regarded as a given. It is far from being determined." This went beyond their usual assertion that "policy is not on a preset course" and was evidently an attempt to regain some policy flexibility in order to avoid being constrained into a specific action. What if there is no government data available to assist in clarifying the economic situation? Powell noted that this means there is a "very high degree of uncertainty, and that can become a factor in a more cautious approach."

19 minutes ago

Powell: AI Different From 1990s Bubble, Firms Already Profitable

On October 30th, Federal Reserve Chairman Powell stated that artificial intelligence is distinct from the bubble in the 1990s because companies are already generating profits. It is clear that AI investment serves as one of the key drivers of growth. (Xinhua News Agency)

19 minutes ago

Powell: Absence of Economic Data Could Justify Pause in Rate Adjustments

On October 30th, Federal Reserve Chairman Powell stated: The absence of economic data might offer a justification for pausing interest rate adjustments. In the absence of data, it may be necessary to exercise more caution. It can be anticipated that a government shutdown may have an impact on the December meeting. (FXStreet)

19 minutes ago