There is a quite interesting IDO opportunity on Solana. Humidifi is the first project launched under the DTF framework of the Jupiter platform, with a valuation of 50m in the allowlist round and a valuation of 69m in the public sale round.

First, let's look at the background data. Jupiter holds over 80% of the market share for DEX aggregators on the Solana chain, and Humidifi provides optimal routing and propAMM technology support, which gives a lot of room for imagination to the projects launched.

More crucially, the market performance—Humidifi captured over 30% of the trading volume on Solana DEX just six months after launch, directly pushing Raydium down from the top position. It’s worth noting that Raydium's market cap peaked at 2.2b, so this valuation doesn’t seem outrageous in comparison. Users in the English community holding the Allowlist have reported seeing 10 times their paper gains already.

The sales process is Allowlist → JUP stakers → public round, starting on December 3rd this week. If you have $JUP, you can check the staking pool to see if you have qualified, don't miss the window period.