How Huma Finance Reconstructs Global Capital Flow with PayFi
When DeFi falls into the dilemma of 'Token Incentive Involution', Huma Finance, with a hardcore data of $4.3 billion in cumulative trading volume, tears open a crack of 'Real Yield' in the Solana ecosystem — this is not a playground for speculators but an on-chain battlefield where business owners leverage accounts receivable to unlock cash flow, a digital window for ordinary people to participate in global trade profit sharing. While Jupiter and Raydium battle for Meme tokens, the strategic union between Huma and Jupiter is defining a new paradigm of 'Real Assetization' in DeFi.
Core Content:
1. The Underlying Logic of the PayFi Revolution
Huma utilizes stablecoins and smart contract technology to bring traditional financial scenarios such as trade financing and cross-border remittances on-chain, achieving real-time settlement of capital flow. For example, small and medium enterprises can instantly obtain USDC loans by pledging accounts receivable, with an annual interest rate of 8%-15%, while liquidity providers earn a stable return of 10.5% by lending funds. This 'Payment as Financing' model directly taps into the $30 trillion PayFi market, improving efficiency by a hundred times compared to the traditional SWIFT system and reducing costs by over 90%.
2. Dominant Performance in the Solana Ecosystem
As of Q2 2025, Huma occupies 40% of the total TVL in Solana DeFi, with trading volume exceeding $4.3 billion and nearly 49,000 deposit users (a 9-fold increase from the previous month). Its core advantages include:
◦ Short-cycle Cash Flow: Annual fund turnover exceeds 50 times, with returns derived from real trade spreads rather than token inflation;
◦ Regulatory Compliance Breakthrough: By acquiring the licensed institution Arf Financial, it opens up fiat deposit and withdrawal channels, meeting regulatory requirements;
◦ Technical Integration: Deep interoperability with protocols like Jupiter and Kamino, launching composable PayFi strategy token $PST, allowing users to flexibly switch revenue models.
3. Value Anchor of the HUMA Token
The total supply of the token is 10 billion, with an initial circulation of 17.33%. Its economic model design is a model of 'Profit Sharing + Deflation':
◦ Staking Rewards: Users can share the distribution rights of the protocol’s annualized 14% return;
◦ Buyback and Burn: Monthly profits reach $9 million by April 2024, providing fundamental support for token value;
◦ Governance Premium: HUMA holders can participate in decisions regarding protocol fee distribution, with early investor lock-up mechanisms alleviating sell pressure.
