HUMA Finance Unveils Explosive Q2 2025 Growth: Messari Report Insights

HUMA Finance, the Solana-based protocol behind PayFi, experienced unprecedented growth in Q2 2025. A detailed report from Messari attributes this surge to key innovations, including the launch of HUMA 2.0, an open-lending product that eliminated barriers for retail users, and the Token Generation Event (TGE) for the HUMA token. These developments boosted user engagement and drove significant increases across multiple performance metrics. Notably, daily active depositors experienced an astounding 462% quarter-over-quarter increase, alongside parallel milestones in transaction volume, credit originations, and staking activity.

HUMA 2.0 Revolutionizes Retail Lending

Launched on April 9, HUMA 2.0 marked a major turning point for the protocol’s accessibility and adoption. Unlike its earlier, institution-focused lending products, HUMA 2.0 removed Know Your Customer (KYC) and Know Your Business (KYB) requirements, making it widely accessible to retail participants. By the close of Q2, total deposits reached $64.4 million (approximately KRW 90 billion).

The product offers two deposit options for users of USD Coin (USDC):

• Classic Mode: Provides a 10% guaranteed annual return on deposits, along with reward points labeled as “Feathers.”
• Maxi Mode: Encourages users to forgo interest income, offering enhanced Feathers rewards instead.

As of June 30, 63.9% of total deposits were allocated to Maxi Mode—a strong indicator of user confidence in the protocol’s reward structure and long-term growth prospects.

Explosive Growth Reflected in Key Metrics

Several critical performance indicators underscored HUMA Finance’s remarkable momentum over the quarter:

• Transaction Volume: Monthly transaction volume reached $514.5 million (approximately KRW 715 billion) by June, reflecting a 309% year-over-year climb.
• Credit Originations: Loans issued surged 305% year-over-year to $255.8 million (approximately KRW 355 billion) in June.
• Staking Activity: Daily stakers in the platform’s pool averaged 719 users in Q2, an impressive 462% increase from the prior quarter’s 128 users.

These metrics paint a clear picture of HUMA Finance’s evolving prominence within the decentralized finance (DeFi) ecosystem.

The HUMA Token: Utility and Governance Framework

HUMA Finance took a significant step toward decentralization and community governance with the launch of its native token on May 26. Under the ticker HUMA, the token comes with an initial circulation supply of 1.733 billion, equivalent to 17.33% of the total 10 billion token supply.

A breakdown of the 500 million tokens distributed through the initial airdrop includes:

• Liquidity Providers: 65%
• Ecosystem Partners: 25%
• Community Contributors: 10%

By the end of June, 67.2% of the airdropped tokens were successfully claimed across 37,300 unique wallets.

Comprehensive Staking Infrastructure

HUMA Finance launched its staking framework alongside robust reward mechanisms on June 30. By the end of Q2, cumulative stakers reached 66,700 users, staking a total of 182.1 million HUMA tokens. The staking program offers multifaceted benefits such as:

• Governance voting rights on protocol decisions.
• Rewards based on a points system.
• Multipliers for liquidity provision rewards.
• Priority access to HUMA 2.0 deposit tiers.
• Eligibility for additional airdrop rewards from ecosystem partners.

This well-rounded staking infrastructure incentivizes active participation and drives deeper user engagement within the protocol’s ecosystem.

Strategic Collaborations Strengthen Ecosystem Expansion

Throughout Q2, HUMA Finance focused on accelerating its footprint in the PayFi sector by forging key partnerships and hosting impactful events. These strategic moves are outlined below:

• PayFi Summit: Held on May 20 in collaboration with the Solana Foundation, this event in New York spotlighted stablecoin adoption and deepened discussions on the path toward regulatory clarity.
• Global Dollar Network (GDN): In June, HUMA joined the Paxos-led initiative to promote interoperability and efficiency in dollar-based transactions.
• Stargate Finance (STG): The partnership enabled seamless bridging of HUMA tokens between Solana and BNB Chain networks.
• Superstate Collaboration: Announced in July, this partnership enhances liquidity strategies using tokenized U.S. Treasury funds via Superstate’s innovative solutions.

These initiatives underscore HUMA Finance’s commitment to becoming a trailblazer in the PayFi ecosystem while reinforcing the protocol’s position as a leader in decentralized financial services.

Positioning for Long-Term Excellence

With explosive growth in adoption metrics, robust token utility, and a strategic roadmap supported by notable partnerships, HUMA Finance has laid the foundation for sustained success in Q2 and beyond. As the PayFi sector continues to evolve, HUMA Finance is poised to solidify its leadership role and drive the future of decentralized finance innovation.