Huma Finance Surpasses $4 Billion in TTV, 490% Wallet Growth in Two Weeks

Huma Finance, a pioneering PayFi network, has achieved a remarkable milestone by surpassing $4 billion in Total Transaction Volume (TTV) just two weeks after the launch of its 2.0 version on the Solana blockchain. This rapid growth signifies a major shift in how real yield is accessed and distributed within the decentralized finance (DeFi) ecosystem. The platform's success is evident in its growth rate, which has surpassed $500 million and is projected to exceed $10 billion in TTV within the year.

Erbil Karaman, Co-Founder of Huma Finance, highlighted the transformative impact of PayFi, stating that it is no longer just a concept but a live and rapidly scaling category. Traditional finance has historically locked real yield behind closed doors, but with Huma 2.0, institutional-grade returns are now accessible to every user. The platform's launch partners, Jupiter and Kamino, have played a crucial role in making these returns more accessible.

Huma 2.0 stands out for its ability to democratize real yields, which were previously only accessible to institutions. Unlike traditional banking models where depositors receive minimal returns, Huma's PayFi network allows payment companies to access stablecoin liquidity directly. This accelerates payment flows in a capital-efficient manner, while depositors receive double-digit, real-world yields in return. This model is more sustainable and reliable, as the yield is tied to fees collected during payment flows rather than speculative market conditions.

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 underscores the strong demand for real and sustainable yield within the DeFi community. Huma is now preparing to expand its PayFi network further, with upcoming partnerships involving some of the world’s largest payment institutions.

Huma Finance, as the first PayFi network, features an open-stack liquidity protocol with applications in key areas such as 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. The platform's innovative approach and user-friendly interface have resonated with the DeFi community, positioning it as a major player in the industry.