Huma @humafinance is a project that @dov_wo's brother has continuously called after signing, my intuition tells me I must not miss it.

Recently, Huma topped the Pre-TGE rankings at @KaitoAI. The Huma 2.0 pool was fully opened in less than 24 hours, with trading volume exceeding $3.8 billion. After merging with Arf, Huma's cross-border payment capabilities have greatly increased, and it plans to expand into the Stellar ecosystem while exploring DePIN financing.

🪂 Huma's big hair is reserved.

🔗: https://t.co/HetHUCOC8s

Funding strategy: Deposit USDC into the Huma protocol.

Classic mode: 10.5% annual yield + Feathers points (linked to $HUMA airdrop, with 1x/3x/5x multipliers).

Maximus mode: 0% annual yield, 5x/10.5x/17.5x Feathers rewards, lock-up for 3/6 months with a maximum of 25x.

The core is to deposit USDC, but currently, the two pools are full, and we need to wait for new capacity. This control is good; it's better than having no limit and ending up with only reverse incentives.

📌 Feathers points estimation

Huma's Feathers points are key to participating in the $HUMA airdrop.

For every 1 USDC deposited, approximately 3 Feathers are earned (average, based on 94 million Feathers allocation).

If the total value of the airdrop is $40 million, each Feathers is worth about 0.319 USDC (i.e., 3.13 USDC for 1 Feathers).

Classic mode is suitable for stable returns (10.5% annual + Feathers), while Maximus mode offers higher Feathers multipliers for locking up (up to 25x), but it carries lock-up risks.

📌 Project Introduction

Huma's core is to solve the pain points of traditional finance: slow SWIFT cross-border payments, high fees, and long account periods. Leveraging Solana's low cost ($0.00025 per transaction) and a 400-millisecond confirmation speed, Huma provides instant settlement for businesses. In 2024, Huma processed $3.8 billion in transactions, generating $8 million in revenue, with an expected revenue surge to $30 million in 2025, maintaining a default rate of 0%. Through the Arf platform, Huma taps into the $4 trillion cross-border payment market, with revenue coming from real businesses (such as remittances and trade financing), offering an annualized return of 10-15%, with 80% of revenue distributed to LPs.

📌 Huma's Secret Weapon

> Real returns: Returns are anchored to global trade cash flows, not bill tokenization, resistant to market fluctuations.

> Inclusive design: 1 USDC can HD, retail and institutional investors share profits from the same pool, $PST tokens can earn yield on Jupiter and Kamino.

> Hardcore product: Huma 2.0 provides revolving credit and accounts receivable factoring, Classic mode offers stable USDC returns + Feathers points (linked to $HUMA airdrop), Maxi mode allows for a maximum of 25 times Feathers rewards for locking up for 3/6 months.

> Open framework: PayFi Stack integrates trading into compliance, lowering the threshold for corporate access, potentially becoming an industry standard.

Huma is also exploring DePIN financing, targeting the trillion-dollar market for decentralized infrastructure.

📌 Financing and Team

Huma raised $38 million in financing ($10 million equity + $28 million RWA), led by Distributed Global, with follow-on investments from HashKey, Folius Ventures, Stellar Foundation, and Turkey's İşbank venture capital department TIBAS Ventures. The team is led by co-founders Richard Liu (7 years as an engineer at Google) and Erbil Karaman (growth expert at Facebook), with 10 core members who possess experience in both finance and blockchain, backed by Circle and Fireblocks.