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. Now that $HUMA is officially live on Binance, let’s dive into what this innovative project is all about.

What Is Huma Finance?

Huma Finance is the first PayFi network and a pioneer within the emerging PayFi ecosystem. It enables global payment institutions to conduct settlements 24/7 using stablecoins and on-chain liquidity—bringing efficiency, speed, and transparency to traditional financial infrastructure.

With backing from major players like Solana, Circle, the Stellar Development Foundation (SDF), and Galaxy Digital, Huma has already processed over $3.8 billion in transactions and delivered double-digit real-world yields to its liquidity providers.

Huma Protocol Versions

Huma operates through two distinct models:

Huma (Permissionless): Launched in April 2025, this open-access version allows retail investors to join Huma pools and participate in the PayFi ecosystem.

Huma Institutional: A permissioned platform designed for institutional players, offering access to curated, receivables-backed credit within a compliant framework.

HUMA Token Utility

The HUMA token serves as both a utility and governance token within the Huma ecosystem. Its key functions include:

Governance: Token holders can stake HUMA to participate in decision-making. Voting power is proportional to the duration of the stake, encouraging long-term commitment. Governance decisions include liquidity allocations, incentive structures, and protocol parameter adjustments.

Ecosystem Incentives:

Liquidity Providers (LPs) earn HUMA rewards based on the amount and duration of liquidity committed.

Stakers benefit from multipliers and bonus rewards tied to their LP positions.

Ecosystem Partners are rewarded for contributing to core KPIs like transaction volume and revenue.

Community Contributors may also receive HUMA for efforts that support growth, engagement, and development.