According to Wu, Meteora community member gosha questioned HumidiFi's ICO, arguing that the team wasn't making money. Gosha believes that while HumidiFi accounts for nearly 50% of Solana DEX's trading volume, they actually charge extremely low fees, such as 0.001% or even lower. Gosha stated that even a 0.04% fee rate is difficult to maintain profitability for a limited partner (LP), and HumidiFi's fees are far below that, meaning the extremely low fees cannot offset hedging costs or rebalancing losses.
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