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	0.02428USDT	-3.42%	21,574,570.00HUMA	10,753	0.02514USDT	0.02587USDT
2	HUMA-USDT HUMA-USDT	okex	A	0.02428USDT	-3.19%	10,303,051.80HUMA	3,050	0.02508USDT	0.02581USDT
3	HUMA-USDT HUMA_USDT	whitebit	BB	0.02428USDT	-3.54%	5,986,167.00HUMA	8,151	0.02517USDT	0.02586USDT
4	HUMA-TRY HUMATRY	binance	AA	1.17TRY	-3.55%	5,508,348.00HUMA	1,243	1.21TRY	1.24TRY
5	HUMA-USDT HUMAUSDT	bybit	A	0.02426USDT	-3.35%	4,747,827.70HUMA	3,256	0.02510USDT	0.02583USDT
6	HUMA-USDC HUMA_USDC	whitebit	BB	0.02435USDC	-2.91%	3,257,707.00HUMA	890	0.02508USDC	0.02585USDC
7	HUMA-TRY HUMA-TRY	okex	A	1.16TRY	-3.98%	537,406.34HUMA	61	1.21TRY	1.24TRY
8	HUMA-USDT HUMAUSDT_SPBL	bitget	BB	0.02427USDT	-3.31%	530,717.98HUMA	713	0.02510USDT	0.02580USDT
9	HUMA-USDT HUMA_USDT	gateio	A	0.02431USDT	-3.22%	514,848.45HUMA	200	0.02512USDT	0.02585USDT
10	HUMA-USDT HUMA-USDT	kucoin	BB	0.02431USDT	-3.12%	463,810.00HUMA	343	0.02510USDT	0.02580USDT
11	HUMA-EUR HUMA-EUR	okex	A	0.02111EUR	-3.17%	322,115.30HUMA	39	0.02180EUR	0.02240EUR
12	HUMA-USDC HUMA-USDC	okex	A	0.02423USDC	-3.77%	314,132.00HUMA	119	0.02518USDC	0.02575USDC
13	HUMA-USDC HUMAUSDC	binance	AA	0.02429USDC	-3.69%	195,878.00HUMA	132	0.02522USDC	0.02580USDC
14	HUMA-USD HUMA-USD	okex	A	0.02406USD	-4.68%	68,293.70HUMA	28	0.02524USD	0.02570USD
15	HUMA-USDT huma_usdt	lbank	C	0.02429USDT	-3.34%	6,117,850.20HUMA	4,695	0.02513USDT	0.02584USDT
16	HUMA-USDT HUMAUSDT	toobit	C	0.02427USDT	-3.50%	4,948,895.00HUMA	7,146	0.02515USDT	0.02584USDT
17	HUMA-USD HUMA-USD	btse	-	0.02423USD	-3.58%	3,953,176.20HUMA	36,028	0.02513USD	0.02587USD
18	HUMA-USDT HUMA_USDT	coinw	-	0.02431USDT	-3.34%	3,466,764.44HUMA	1,800	0.02515USDT	0.02583USDT
19	HUMA-USDT HUMA_USDT	bitunix	C	0.02428USDT	-3.50%	3,399,279.00HUMA	6,566	0.02516USDT	0.02584USDT
20	HUMA-KRW HUMA_KRW	bithumbkorea	-	32.83KRW	-3.47%	3,079,880.03HUMA	402	34.01KRW	34.90KRW
21	HUMA-USDT HUMAUSDT	bitrue	D	0.02430USDT	-3.30%	3,026,329.42HUMA	4,887	0.02513USDT	0.02585USDT
22	HUMA-USDT HUMAUSDT	mexc	C	0.02427USDT	-3.46%	2,079,003.69HUMA	3,048	0.02514USDT	0.02582USDT
23	HUMA-USDC HUMAUSDC	mexc	C	0.02432USDC	-3.15%	2,066,936.49HUMA	3,111	0.02511USDC	0.02581USDC
24	HUMA-USDT HUMA_USDT	bydfi	-	0.02427USDT	-3.46%	1,704,456.45HUMA	3,098	0.02514USDT	0.02582USDT
25	HUMA-USDT HUMA-USDT	bingx	D	0.02427USDT	-3.50%	1,672,633.33HUMA	5,638	0.02515USDT	0.02586USDT
26	HUMA-EUR HUMA-EUR	bitvavo	B	0.02098EUR	-4.49%	1,053,428.88HUMA	108	0.02197EUR	0.02237EUR
27	HUMA-USDT huma_usdt	digifinex	D	0.02428USDT	-3.38%	971,211.78HUMA	958	0.02513USDT	0.02579USDT
28	HUMA-USDT HUMA-USDT	btse	-	0.02426USDT	-3.58%	102,561.10HUMA	1,457	0.02516USDT	0.02586USDT
29	HUMA-BTC BTC-HUMA	upbit	B	0.0₆3000BTC	-3.23%	51,046.91HUMA	15	0.0₆3100BTC	0.0₆3200BTC
30	HUMA-USDT HUMAUSDT	coinex	C	0.02544USDT	0.35%	49,737.48HUMA	8,323	0.02535USDT	0.02586USDT
31	HUMA-USDT USDT-HUMA	upbit	B	0.02500USDT	0.00%	0HUMA	0	0.02500USDT	0.02500USDT
32	HUMA-USDC HUMA-USDC	btse	-	0.02430USDC	-3.15%	8,443.80HUMA	795	0.02509USDC	0.02583USDC
33	HUMA-INR HUMAINR	coindcx	-	2.45INR	-0.68%	7,960.41HUMA	16	2.46INR	2.54INR
34	HUMA-THB THB_HUMA	bitkub	C	0.8053THB	1.78%	6,232.62HUMA	5	0.7912THB	0.8126THB
35	HUMA-IDR humaidr	indodax	E	449.79IDR	13.80%	3,170.00HUMA	20	395.25IDR	450.00IDR
36	HUMA-KRW HUMA_KRW	coinone	C	29.60KRW	0.00%	0HUMA	0	29.60KRW	29.60KRW