🔍 What is Huma Finance?
@Huma Finance 🟣 is the world’s first **PayFi** (Payment Finance) network, designed to accelerate global payment settlements 24/7 using **stablecoins and on-chain liquidity**.
* Targets payment institutions, merchants, entrepreneurs, to individual users by enabling unsecured credit access to traditional crypto assets; simply with income or future receivables.
🚀 Protocol & Technology
* Initially a permissioned platform for institutions (Huma Institutional), it has now launched the **Huma 2.0** version based on Solana which is **permissionless and compliant**.
* Utilizes Solana + stablecoins for fast settlement, as well as an LP token called **\$PST** that can be used in the Solana DeFi ecosystem.
📈 Performance & Impact
* Has processed over **USD 3.8–4.5 billion** in transaction volume with **zero credit default**, generating **annual revenue \~USD 9 million**.
* Since the launch of Huma 2.0 in April 2025, users have increased **9× in one month**.
💰 Yield & Yield Model
* Offers real yield (real-yield) in double digits USDC for liquidity providers through financing of real-world payment activities (6–10 basis points daily, capital recycled multiple times a year).
* This approach reduces dependence on fluctuations in the crypto market.
🏆 $HUMA Token & Tokenomics
* Utility and governance token; maximum total supply of **10 billion**, with an initial circulating supply of \~1.73 billion (\~17.3%).
* Allocation:
• 5% for airdrop Season 1
• 31% for liquidity providers & ecosystem
• 20.6% investors
• 19.3% team & advisors
• 11.1% protocol treasury
* There is a vesting lock-up: team & investors 12 months + vesting 3 years; LP rewards released on a quarterly deflationary basis.
🛠 Use Cases
* Opens credit access for SMEs (invoice tokenization), employees (salary tokenization), cross-border payments, card settlements, trade finance, DePIN, and real-world assets.
💼 Team & Funding
* Key founders: **Erbil Karaman** (CEO) and **Richard Liu** (Co-founder, previously Google, Earnin).
* Support from investors and partners such as Stellar Foundation, Circle Ventures, Galaxy Digital, Hashkey Capital, Distributed Global, Folius Ventures, and others.
⚖️ Regulation & Security
* The platform combines permissionless traits for individuals with compliance for institutions.
* The smart contract has been audited and there is a risk management system, as well as a bug bounty program.
✅ Conclusion
Huma Finance presents innovation in the DeFi ecosystem by combining **real-world yield**, instant settlement with stablecoins, and unsecured credit access to crypto assets. This platform is relevant for both institutional and retail users and has been rapidly growing since the launch of Huma 2.0 on Solana.
