A chaotic token launch on Solana has positioned decentralized finance platform HumidiFi and Jupiter Trade underneath intense scrutiny after blockchain investigators linked a single actor to the mass botting of the $WET public presale, capturing nearly all of the allocation inside seconds.
In line with an in depth on-chain investigation printed by Bubblemaps, one entity working underneath the alias “Ramarxyz” used greater than 1,000 wallets to say roughly 70% of the $WET public presale allocation.
BREAKING: We discovered the identification of the $WET sniper
"Ramarxyz" claimed 70% of the @HumidiFi presale utilizing 1,000+ wallets
Then dared to ask for a refund↓ pic.twitter.com/YhWnOrZRNZ
— Bubblemaps (@bubblemaps) December 5, 2025
The sale, which befell by way of Jupiter’s Decentralized Token Formation (DTF) launchpad, offered out in simply two seconds earlier than most retail contributors may work together.
HumidiFi Confirms Bot Assault as Blockchain Knowledge Traces Sale to One Actor
HumidiFi later confirmed that a big bot farm had overwhelmed the general public sale. Bubblemaps discovered that a minimum of 1,100 of the 1,530 collaborating addresses had been managed by the identical actor.
The wallets adopted a repetitive funding sample, with every receiving precisely 1,000 USDC from centralized exchanges shortly earlier than the sale.
One pockets allegedly broke the sample by receiving funds from a non-public tackle that may very well be traced to the Twitter deal with @ramarxyz by way of earlier public blockchain exercise.
Slightly than acknowledging the exercise, the person later publicly prompt that HumidiFi ought to refund the sniper’s allocation, regardless of being linked to the exploit.
Shortly afterward, HumidiFi confirmed that every one suspected bot allocations had been canceled and that professional presale contributors would as an alternative obtain a prorated airdrop.
A separate on-chain evaluation by dealer Gautam Mgg confirmed that 4% of the general public allocation went to only 10 wallets, with 4 wallets alone committing 40% of the complete public sale provide utilizing bots.
$WET @humidifi : 4% Public Sale Provide went to only 10 wallets
Presale was utterly botted, principally rugged And sure, @JupiterExchange can also be at fault.
Right here’s the proof: These 4 wallets alone dedicated 40% of the 4% public sale allocation utilizing bots (discovering extra… pic.twitter.com/5dGz3bHwjZ— Gautamgg
(@Gautamguptagg) December 4, 2025
The wallets had been publicly listed utilizing Solana explorers. Gautam additionally blamed Jupiter Trade for failing to introduce primary bot safety measures, comparable to CAPTCHA or last-minute tackle rotation.
Jupiter had earlier introduced that the $WET token sale was totally accomplished, elevating $5.57 million throughout its Wetlist, JUP stakers, and public sale phases.
It’s official: Public sale part for $WET has SOLD OUT!
The Decentralized Token Formation for @HumidiFi is now formally concluded, elevating a grand complete of $5.57m throughout the Wetlist, JUP stakers and public sale phases.$WET token for profitable contributors will likely be claimable… pic.twitter.com/o5Hleg91z1— Jupiter (
,
) (@JupiterExchange) December 4, 2025
The general public part supplied 30 million tokens at $0.069 per token, capped at $1,000 USDC per pockets. The token is scheduled to turn into claimable on December 9 alongside the launch of liquidity swimming pools.
HumidiFi to Reissue Token After Aborting Disrupted $WET Launch
Following the incident, HumidiFi introduced it could abandon the compromised launch and create a brand new token as an alternative.
The protocol mentioned all professional Wetlist and JUP staker contributors would obtain a pro-rata airdrop underneath a newly deployed contract that has been audited. A brand new public sale is now scheduled.
Some actual dry shit occurred at this time.
Humidifi began 6 months in the past from nothing, straight from the trenches of DeFi 1.0.
In these 6 months, for SOL-USD, we began quoting tighter and doing extra quantity than Binance. We didn’t kiss any ass or bend the knee to anybody. We began…— HumidiFi (@humidifi) December 5, 2025
HumidiFi launched in mid-2025 and has grown into one among Solana’s most lively decentralized exchanges, processing over $1 billion in day by day buying and selling quantity and sometimes accounting for greater than one-third of all spot buying and selling on the community.
In line with DefiLlama, its Dex quantity presently sits near $30 billion over 30 days, whereas its cumulative quantity sits at over $122 billion.
The $WET token was launched because the protocol’s staking and fee-rebate asset and was promoted as a community-driven distribution utilizing Jupiter’s DTF platform.
The incident has revived broader issues over token distribution equity throughout launchpads.
In September, Bubblemaps additionally flagged a separate Sybil assault linked to the MYX token airdrop, the place roughly 100 newly created wallets claimed practically $170 million in tokens after being funded concurrently from OKX.
That case equally raised questions on identification controls and launch design weaknesses.
Jupiter DTF was launched as a clear, trust-minimized various to conventional token launches, combining curation and on-chain verification. The $WET sale was its first dwell deployment, making the failure a serious take a look at for the mannequin.
Neither Jupiter Trade nor the people accused have issued an in depth technical breakdown of what failed on the infrastructure stage.
The put up Uncovered: “Ramarxyz” Sniped 70% of $WET Presale With 1,000+ Wallets – Then Demanded Refund appeared first on Cryptonews.