Huma Finance's currency is cryptocurrency with the symbol HUMA, a token that operates within the PayFi network aimed at financing global payments relying on instant cross-chain liquidity, used to settle payments like cross-border transfers, credit cards, and commercial financing via web3
🪙 Currency details
Current price: approximately 0.0371 $USD (with slight negative change)
Market cap: between $61 to $70 million, according to sources like CoinMarketCap and CoinGecko
Circulating supply: approximately 1.7 billion HUMA, out of a maximum supply of 10 billion
⚙️ Uses and purpose
Considered a core element in the Huma Protocol architecture, often used in financing within the system, staking, and governance within the ecosystem
Supports solutions like DeFi payments to enable institutions to settle payments around the clock using blockchain liquidity
🧭 Historical overview and developments
The Huma Finance project launched through the acquisition of the Arf platform to improve cross-border liquidity, targeting to amplify trading to over $3 billion by the end of 2024
By November 2024, the project launched on the Solana network for faster settlement and lower fees, with the network's ability to handle global transactions and final rates approaching 400ms and fees of ~0.0025 AMK.
Raised funding of $38 million aimed at expanding into web 3, targeting to exceed the processed payment volume of $10 billion by 2025
🧾 Quick summary
Item Information
Token HUMA
Current price in dollars ~0.0371 $
Market cap approximately 61 – 70 million $
Circulating supply 1.7 billion out of 10 billion
Usage Payment financing, staking, governance requirements
Supporting networks Ethereum, BNB Chain, Sol
