The First PayFi Network
The First PayFi Network
馃捀 Future Money Just Changed
PayFi emerges as a pioneering DeFi protocol focused on income-backed lending and borrowing. The network enables users to:
- Use future receivables as collateral
- Access DeFi lending markets with real-world income
- Earn yields by providing liquidity
The protocol aims to democratize lending by expanding beyond traditional crypto collateral, making DeFi more accessible to mainstream users. This marks a significant shift in how lending markets evaluate creditworthiness.
The First PayFi Network
PayFi Summit Returns to Singapore During Token2049
The 4th PayFi Summit, co-hosted by Huma and Solana Foundation, is scheduled for October 1st in Singapore, coinciding with Token2049. The event follows a successful previous summit in Hong Kong. - Focus on on-chain finance and stablecoins - Explores innovations in global payments and liquidity - Brings together industry leaders and innovators Register here: [PayFi Summit Registration](https://lu.ma/6z717qxo) Previous summits have served as key platforms for advancing the PayFi ecosystem and redefining possibilities in global finance.
Huma Introduces Three New Achievement Badges
Huma launches three exclusive badges for community members: **OG LP Badge** - For early liquidity providers before April 2025 - Maintain 100+ USDC liquidity to keep badge - Includes exclusive perks **Vanguard Badge** - For $HUMA stakers based on airdrop amount - Alternative path: Stake 100k $HUMA for 6 months - Maintain 10k $HUMA to keep badge **Anchor Badge** - Deposit 1k+ USDC with 6-month lockup - Re-deposit within 3 months after maturity - Earn 2x deposit limit or wallet cap increase *Deadline for Vanguard qualification: June 15*
Huma Finance AMA with SuperteamJapan
Huma Finance announces a collaborative AMA session with SuperteamJapan, featuring Co-Founder Erbil (@0xErbil). The session will cover: - Latest Huma updates - Genius Act developments - Stablecoin discussions **Event Details:** - Date: Thursday, August 14 - Time: 1PM UTC / 10PM JST - Language: Japanese - Platform: [Twitter Spaces](https://x.com/i/spaces/1yoJMPRNLpoGQ) *This follows their successful January collaboration discussing PayFi and global payment innovations.*
PayFi Reports Significant Growth in Transaction Volume and Revenue
PayFi demonstrates substantial growth with transaction volume increasing 3.4x year-over-year from $1.7B to $5.7B, targeting $10B by end of 2025. - Total Active liquidity grew 19.4x YoY from $7M to $136M - PayFi Assets up 50% to $98M this month - Capital efficiency: Huma protocol turns over 4.1x monthly (50x annually) - Annualized Revenue reached new ATH of $17M (16x YoY growth) The protocol's growth is driven by increased institutional demand following stablecoin regulation changes. Each $1 of liquidity settles $50 in annual payments, generating sustainable double-digit yield.