Huma Finance Surpasses $4 Billion in Transaction Volume in Two Weeks

Huma Finance, the pioneering PayFi network, has achieved a significant milestone by surpassing $4 billion in Total Transaction Volume (TTV) just two weeks after the launch of Huma 2.0 on the Solana blockchain. This rapid growth underscores a transformative shift in how real yield is accessed and distributed within the decentralized finance (DeFi) ecosystem.

As of April, the platform is experiencing exponential growth, with a transaction volume increasing at a rate of over $500 million per month. This trajectory positions Huma Finance to surpass $10 billion in TTV within the year, highlighting the platform's potential to revolutionize the financial landscape.

Erbil Karaman, Co-Founder of Huma Finance, expressed his enthusiasm about the platform's success, stating, "PayFi is no longer simply a concept or emerging category; it’s live and scaling faster than we ever anticipated. For years, traditional finance has locked real yield behind closed doors. With Huma 2.0 we’re tearing those doors down and putting institutional-grade returns in the hands of every user. We are deeply grateful to our launch partners Jupiter and Kamino for making it even more accessible."

Huma 2.0 stands out for its innovative approach to democratizing real yields, which are typically reserved for institutional investors. Unlike traditional banking systems where depositors receive minimal returns, Huma's PayFi network allows payment companies to access stablecoin liquidity directly. This not only accelerates payment flows in a capital-efficient manner but also provides depositors with double-digit, real-world yields.

One of the key advantages of PayFi is its sustainability. Unlike traditional DeFi, where yields are often tied to speculative market conditions, PayFi's yield is derived from fees collected during payment flows. This makes it a more reliable and consistent source of income for users, especially in a volatile financial environment.

Since the launch of Huma 2.0 on Solana, the number of active wallet addresses on the platform has surged by over 490%, from 5,600 to 33,000 in just two weeks. This rapid growth in user adoption underscores the growing demand for real and sustainable yield within the DeFi space.

Looking ahead, Huma Finance is poised to expand its PayFi network even further. The platform is preparing to announce upcoming partnerships with some of the world’s largest payment institutions, which will further enhance its capabilities and reach.

For more information about Huma 2.0 and upcoming announcements, visit huma.finance.

Huma Finance is the first PayFi (Payment Finance) network, featuring an open-stack liquidity protocol with applications in cross-border payments, stablecoin-backed cards, and trade finance. The network addresses a total market estimated at over $30 trillion, with a mission to accelerate the movement of money for a world that’s always on.