HumidiFi Public Sale Exploited by Bots, Team Voids Sale and Announces Relaunch

05.12.2025 05:55 8 sources neutral

HumidiFi's highly anticipated public token sale for its WET token collapsed within seconds on Friday, December 5, 2025, due to a large-scale bot attack. The team confirmed that automated wallets, organized into a bot farm, overwhelmed the sale at launch, draining the entire allocation and locking out regular users. The attacker used thousands of wallets, each preloaded with 1,000 USDC, to trigger batch transactions into the DTF contract, executing massive purchases in a single block window. Each bundle reportedly bought roughly 24,000 USDC worth of tokens, equivalent to about 350,000 WET per batch.

In response, HumidiFi chose to void the entire exploited sale. The team confirmed that the sniped tokens will not be honored and those wallet addresses will receive zero allocation. A brand-new token contract is being deployed. To protect real users, HumidiFi announced that all Wetlist users and JUP stakers who qualified for the original sale will receive a pro-rata airdrop under the new contract. The Temporal team rewrote the DTF contract, and OtterSec completed a full audit on the updated code to prevent a repeat of the automated attack. The new public sale is now scheduled for Monday, with fresh details to be shared before launch.

This incident occurs amidst a pre-existing debate about HumidiFi's business model and profitability. Just days before the sale, on December 4, Meteora community member gosha publicly challenged the rationale behind the ICO, arguing that the protocol's ultra-low fee structure—potentially as low as 0.001%—makes it unprofitable despite controlling nearly 50% of Solana's DEX volume. He questioned claims of $3 million in monthly fees, stating the math does not align with the current model. This has cast doubt on whether the token launch is for expansion or to plug a revenue gap.

Supporters, like Drift creator Squid, remain bullish, citing strong technical teams and the token's low initial float with a presale fully diluted valuation of $69 million. However, the bot exploit has significantly shaken community trust. HumidiFi's rapid decision to scrap the sale and relaunch is seen as an attempt to repair confidence. The success of Monday's sale is now critical for the project's credibility within the Solana DeFi ecosystem.