Huma: The 70th Project on Binance Launchpool
Huma Finance has been introduced as the 70th project on Binance Launchpool. Users who staked BNB, FDUSD, or USDC were rewarded with free HUMA tokens. With $HUMA now live on Binance, let’s take a closer look at what this project offers.
What Is Huma Finance?
Huma is the first PayFi (Payment Finance) network, leading the development of this emerging financial category. It enables global payment institutions to conduct 24/7 settlements using stablecoins and on-chain liquidity—enhancing speed, transparency, and efficiency in what has traditionally been a slow-moving financial infrastructure.
Supported by strategic partners such as Solana, Circle, the Stellar Development Foundation (SDF), Galaxy Digital, and more, Huma has already processed over $3.8 billion in transactions and delivered double-digit real-world yields to its liquidity providers.
The Huma Protocol
Huma is offered in two formats:
Huma (Permissionless): Launched in April 2025, this open-access version allows retail investors to participate in Huma pools and contribute to the broader PayFi movement.
Huma Institutional: A permissioned product designed for institutions, offering curated, receivables-backed credit opportunities within a regulated framework.
HUMA Token Utility
The HUMA token is the native utility and governance token of the Huma ecosystem, serving several key purposes:
Governance
HUMA holders can stake their tokens to participate in protocol governance. Voting power increases with longer staking durations, promoting long-term alignment with the protocol. Stakers can vote on major decisions such as liquidity allocation, incentive structures, protocol updates, and more.
LP & Ecosystem Rewards
HUMA tokens are central to incentivizing adoption and growth within the ecosystem.
Liquidity Providers (LPs) earn HUMA for contributing capital, with larger and longer-term commitments receiving greater rewards.
Stakers benefit from staking multipliers and additional LP reward boosts.
Ecosystem Partners receive tokens based on performance metrics like transaction volume and revenue generation.
Community Contributors are rewarded for engagement, development, and ecosystem-building efforts.
Value Accrual
The Huma Foundation is exploring sustainable ways to use protocol revenues to strengthen the PayFi movement. These mechanisms will be developed transparently in collaboration with the community to align incentives, foster long-term value creation, and reward active ecosystem participants.
Ecosystem Currency
While stablecoins will remain the primary medium for real-world settlements, HUMA will unlock advanced features within the protocol, such as real-time redemption. As the protocol evolves, the utility of the HUMA token will continue to expand.
HUMA-Powered Products
Huma's protocol supports a variety of real-world financial applications, including:
Cross-Border Payment Financing: Instant payments without the need for pre-funding, reducing delays and costs.
Stablecoin-Backed Cards: Real-time settlements and lower fees using on-chain stablecoin infrastructure.
T+0 Settlement: Same-day settlements for institutions, improving capital efficiency and speeding up financial operations.
Trade Finance: Faster payments for suppliers with less friction and more growth potential.
DePIN Financing: Capital solutions designed for decentralized physical infrastructure networks (DePIN).