Question 1

What is Huma Finance (HUMA)?

Accepted Answer

Huma Finance (HUMA) is the native utility and governance token of the Huma Protocol, a decentralised finance (DeFi) infrastructure designed to support the emerging PayFi (Payment Finance) ecosystem. The protocol facilitates real-time, 24/7 global payment settlements using stablecoins and on-chain liquidity, aiming to modernise traditional financial systems.

The Huma Protocol operates in two formats:

- **Huma (Permissionless)**: Launched in April 2025, this version is open to all users, allowing retail investors to participate in Huma pools and engage with the PayFi ecosystem.

- **Huma Institutional**: A permissioned service tailored for institutional investors, providing access to curated, receivables-backed credit opportunities within a regulated framework.

Question 2

What is Huma Finance (HUMA) used for?

Accepted Answer

The HUMA token serves multiple functions within the Huma ecosystem:

- **Governance**: HUMA holders can stake their tokens to participate in protocol governance. The duration of the stake influences voting power, encouraging long-term alignment with the protocol. Stakers can vote on key decisions, including the allocation of liquidity and ecosystem incentives, adjustments to protocol parameters, and the distribution of protocol incentives.

- **Liquidity Provision and Ecosystem Rewards**: The token plays a pivotal role in incentivising liquidity providers and fostering adoption across the Huma protocol ecosystem. Participants can earn rewards for providing liquidity and engaging with the platform.

- **Value Accrual Mechanisms**: Huma employs a deflationary mechanism where 50% of borrower fees are used to buy back and burn HUMA tokens, reducing the total supply and potentially increasing the token's value over time.

- **Ecosystem Currency**: HUMA is used as the medium of exchange within the Huma ecosystem, facilitating transactions and access to various protocol features.

Question 3

Who created Huma Finance (HUMA)?

Accepted Answer

Huma Finance was co-founded in 2022 by Erbil Karaman and Richard Liu, both of whom have extensive experience in technology and finance. Karaman previously held product leadership roles at companies like Facebook, Lyft, and Earnin, while Liu has a background in engineering and venture capital.

The founding team also includes Ji Peng and Lei Du, who bring expertise from Silicon Valley and were part of the ETHDenver 2022 hackathon win that contributed to Huma's inception.

Patrick F. Campos joined the team as Chief Business Officer in February 2025, bringing experience in finance, blockchain, and regulation.

Huma Finance has received backing from prominent industry players, including Solana, Circle, Stellar Development Foundation, and Galaxy Digital.

#	Instrument	Exchange	Benchmark Score	Price	24h Change	24h Volume	24h Trades	24h Open	24h High
1	HUMA-USDT HUMAUSDT	binance	AA	0.02570USDT	7.17%	71,930,375.00HUMA	39,350	0.02398USDT	0.02642USDT
2	HUMA-USDT HUMA_USDT	whitebit	BB	0.02575USDT	7.20%	17,642,546.00HUMA	4,073	0.02402USDT	0.02642USDT
3	HUMA-USDT HUMA-USDT	okex	A	0.02578USDT	7.37%	16,482,917.50HUMA	4,898	0.02401USDT	0.02640USDT
4	HUMA-USDT HUMA_USDT	gateio	A	0.02574USDT	7.38%	14,538,237.26HUMA	11,863	0.02397USDT	0.02638USDT
5	HUMA-TRY HUMATRY	binance	AA	1.26TRY	7.17%	13,391,969.00HUMA	2,856	1.17TRY	1.29TRY
6	HUMA-USDT HUMAUSDT	bybit	A	0.02578USDT	7.42%	11,011,596.00HUMA	7,262	0.02400USDT	0.02642USDT
7	HUMA-USDC HUMA_USDC	whitebit	BB	0.02567USDC	7.36%	10,048,007.00HUMA	1,142	0.02391USDC	0.02637USDC
8	HUMA-USDT HUMA-USDT	kucoin	BB	0.02574USDT	7.29%	3,347,627.00HUMA	1,162	0.02399USDT	0.02635USDT
9	HUMA-USDT HUMAUSDT_SPBL	bitget	BB	0.02569USDT	7.09%	3,105,794.72HUMA	1,971	0.02399USDT	0.02638USDT
10	HUMA-USDC HUMAUSDC	binance	AA	0.02563USDC	7.24%	672,906.00HUMA	248	0.02390USDC	0.02604USDC
11	HUMA-USD HUMA-USD	okex	A	0.02594USD	5.58%	576,656.50HUMA	219	0.02457USD	0.02594USD
12	HUMA-USDC HUMA-USDC	okex	A	0.02565USDC	6.96%	528,316.70HUMA	253	0.02398USDC	0.02626USDC
13	HUMA-TRY HUMA-TRY	okex	A	1.26TRY	7.41%	166,478.29HUMA	144	1.17TRY	1.28TRY
14	HUMA-EUR HUMA-EUR	okex	A	0.02306EUR	9.44%	34,964.30HUMA	33	0.02107EUR	0.02306EUR
15	HUMA-USDT huma_usdt	lbank	C	0.02575USDT	7.43%	20,578,301.70HUMA	12,655	0.02397USDT	0.02638USDT
16	HUMA-USDT HUMA_USDT	coinw	-	0.02572USDT	7.17%	15,694,423.04HUMA	2,659	0.02400USDT	0.02637USDT
17	HUMA-USDT HUMAUSDT	toobit	C	0.02569USDT	7.18%	10,321,473.00HUMA	11,312	0.02397USDT	0.02640USDT
18	HUMA-USDT HUMAUSDT	bitrue	D	0.02572USDT	7.26%	7,355,328.76HUMA	5,994	0.02398USDT	0.02640USDT
19	HUMA-EUR HUMA-EUR	bitvavo	B	0.02260EUR	7.16%	7,531,857.37HUMA	712	0.02109EUR	0.02314EUR
20	HUMA-KRW HUMA_KRW	bithumbkorea	-	34.81KRW	5.58%	5,945,315.92HUMA	710	32.97KRW	35.51KRW
21	HUMA-USDT HUMA_USDT	bitunix	C	0.02571USDT	7.21%	4,740,191.00HUMA	10,122	0.02398USDT	0.02640USDT
22	HUMA-USD HUMA-USD	btse	-	0.02566USD	6.78%	4,741,060.90HUMA	33,596	0.02403USD	0.02642USD
23	HUMA-USDT HUMAUSDT	mexc	C	0.02573USDT	7.30%	3,455,758.05HUMA	4,724	0.02398USDT	0.02638USDT
24	HUMA-USDT HUMA-USDT	bingx	D	0.02568USDT	7.04%	3,124,269.64HUMA	9,012	0.02399USDT	0.02826USDT
25	HUMA-USDT HUMA_USDT	bydfi	-	0.02574USDT	7.34%	2,737,206.22HUMA	3,628	0.02398USDT	0.02638USDT
26	HUMA-USDC HUMAUSDC	mexc	C	0.02574USDC	7.29%	1,943,633.06HUMA	3,773	0.02399USDC	0.02636USDC
27	HUMA-USDT huma_usdt	digifinex	D	0.02570USDT	7.08%	1,535,097.42HUMA	1,878	0.02400USDT	0.02636USDT
28	HUMA-THB THB_HUMA	bitkub	C	0.8767THB	6.91%	134,768.42HUMA	18	0.8200THB	0.8767THB
29	HUMA-USDT HUMA-USDT	btse	-	0.02567USDT	6.91%	105,328.40HUMA	1,570	0.02401USDT	0.02641USDT
30	HUMA-BTC BTC-HUMA	upbit	B	0.0₆3100BTC	3.33%	50,162.88HUMA	31	0.0₆3000BTC	0.0₆3100BTC
31	HUMA-USDT HUMAUSDT	coinex	C	0.02553USDT	3.95%	50,648.86HUMA	8,452	0.02456USDT	0.02553USDT
32	HUMA-INR HUMAINR	coindcx	-	2.60INR	6.30%	26,030.08HUMA	19	2.45INR	2.60INR
33	HUMA-USDC HUMA-USDC	btse	-	0.02567USDC	6.96%	9,958.00HUMA	854	0.02400USDC	0.02632USDC
34	HUMA-KRW HUMA_KRW	coinone	C	30.50KRW	0.00%	0HUMA	0	30.50KRW	30.50KRW
35	HUMA-USDT USDT-HUMA	upbit	B	0.02600USDT	8.33%	3,578.83HUMA	7	0.02400USDT	0.02600USDT
36	HUMA-IDR humaidr	indodax	E	495.99IDR	23.81%	207.00HUMA	3	400.60IDR	496.00IDR