Citing Biji.com, Jupiter, a leading decentralized exchange (DEX) on Solana, is set to launch the WET token (HumidiFi) in a three-phase initial coin offering (ICO) starting on December 3, 2025. The token sale, with a final valuation of $69 million, aims to enhance transparency and liquidity in DeFi. The first phase is reserved for WET whitelist and community members, followed by stakers and the public. WET will serve as both a governance and utility token, with applications in protocol management and transaction rewards. The DEX has already achieved a 24-hour trading volume of $10.48 billion, indicating strong market demand.
Jupiter Launches $69M WET Token Sale to Boost Solana DeFi Ecosystem
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