In a report published on November 12, 2026, at 14:49 UTC+8, Odaily cited a statement by Huma co-founder Richard Liu about recent HUMA market volatility. Liu said the Huma Foundation and its affiliated entities had not traded HUMA in the preceding three months and planned not to sell tokens during the upcoming unlock window.
Liu said an early liquidity provider’s wallet was hacked on October 22 and approximately 12 million airdropped HUMA tokens were sold. He also said HUMA open interest rose from about 620 million to 1.1 billion tokens between November 2 and 7, funding rates turned negative from November 4, and perpetual-contract trading volume reached seven to ten times spot volume. In his assessment, recent market activity appeared to be concentrated mainly in perpetuals.
Liu added that the Huma Foundation had provided HUMA’s DEX liquidity since the token generation event. These figures describe trading activity, not user growth or sustained adoption.