Huma Finance is a cryptocurrency with the symbol HUMA, a token operating within the PayFi network aimed at financing global payments relying on instant liquidity across chains, and is used for settling payments such as cross-border transfers, credit card payments, and trade financing through Web 3.
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🪙 Coin Details
Current Price: About 0.0371 $USD (with slight negative change)
Market Cap: Between 61 to 70 million USD, according to sources like CoinMarketCap and CoinGecko.
Circulating Supply: About 1.7 billion HUMA, out of a maximum supply of 10 billion.
⚙️ Uses and Purpose
It is considered a fundamental element in the Huma Protocol architecture, and is 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 was 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 was launched on the Solana network to enable faster settlements and lower fees, with the network's ability to handle global transactions and finality rates approaching 400ms and fees of ~0.0025.
Raised $38 million in funding to expand into Web 3, targeting to exceed the processed payment volume of $10 billion by 2025.
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🧾 Quick Summary
Element Information
Token HUMA
Current Price in USD ~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, Solana
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