Pioneering PayFi network, Huma Finance, announced today that it has surpassed $4 billion in Total Transaction Volume (TTV).
While this milestone comes in just two years after its launch and within two weeks of its upgrade to Huma 2.0, it signals a major shift in how real yield is accessed and distributed in DeFi.
With its design, Huma2.0 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.
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.”
According to the announcement, the platform had grown to over $500 million as of April. Also, it is on track to exceed $10 billion in total value within the year.
Moreover, 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.
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.”
Huma 2.0 operates differently from traditional payment networks, where money deposited into banks is leveraged for slow, costly transfers, like SWIFT, while returning almost nothing to the depositor.
Huma2.0 addresses this issue with its PayFi network, which 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.
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.
Since launching Huma 2.0 on Solana, the number of active wallet addresses on Huma has increased by over 490%, rising from 5,600 to 33,000 in just two weeks. This rapid growth demonstrates a growing appetite for real and sustainable yields.
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.