Huma Finance Surpasses $4 Billion in TTV, Active Wallets Surge 490%

Huma Finance, a pioneering PayFi network, has achieved a significant milestone by surpassing $4 billion in Total Transaction Volume (TTV) within just two weeks of unveiling its Huma 2.0 platform. This remarkable feat underscores the rapid growth and adoption of Huma Finance's innovative financial solutions.

Huma 2.0 features an open-stack liquidity protocol with applications in key areas such as cross-border payments, stablecoin-backed cards, and trade finance. The platform focuses on democratizing real yields that are usually only accessible to institutions. This design allows payment companies to access stablecoin liquidity directly, accelerating their payment flows in a capital-efficient way. Depositors receive double-digit, real-world yields in return, addressing the issue of slow, costly transfers and low returns in traditional payment networks.

Erbil Karaman, Co-Founder of Huma Finance, commented on the milestone, saying, “PayFi is no longer simply a concept or emerging category; it’s live and scaling faster than we ever anticipated.” The platform had grown to over $500 million as of April and is on track to exceed $10 billion in total value within the year. The number of active wallet addresses on Huma has surged over 490% from 5,600 to 33,000 in just two weeks since it launched Huma 2.0 on Solana. This rapid growth demonstrates a growing appetite for real and sustainable yields.

Huma’s PayFi also differs from traditional DeFi, as its yield is tied to fees collected during payment flows, rather than speculative market conditions. This makes it a more sustainable and reliable alternative for users seeking consistent returns in a volatile environment. Karaman further emphasized the platform’s growth, saying, “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.”

While Huma provides users with the real and sustainable yield they need, it is now preparing to expand the PayFi network even further. Huma has disclosed upcoming partnerships involving some of the world’s largest payment institutions. This expansion is set to further accelerate the growth and adoption of Huma Finance's innovative financial solutions, solidifying its position as a leading player in the PayFi network space.