Redemption

Redeeming your position on Huma is straightforward, subject to committed lockup periods.

No Lockup

• You can redeem anytime, with no waiting period.

• Redemption requests are processed on a first-come, first-served basis.

• Most redemptions are completed within 1 business day, though it may take up to 7 days, per our service-level agreement (SLA).

Locked Positions (3-Month or 6-Month)

• Locked positions become redeemable only after the lockup period ends.

• Once the lockup expires, your position behaves like a no-lockup position and can be redeemed anytime.

• The same SLA applies: typically processed within 1 business day, with a maximum of 7 days.

Daily Redemption Cap

To maintain protocol stability, Huma enforces a global daily redemption cap. This cap is configurable and resets daily at 00:00 UTC.

• Once the cap is reached, additional redemption requests for that day will be rejected.

• A future update will introduce the ability to submit capped redemptions with a fee, allowing users to bypass the daily limit if needed.

• LPs can redeem instantly by swapping via the PST-USDC pool on Jupiter / Meteora, as long as sufficient liquidity is available. These redemptions are not subject to Huma's Daily Redemption Cap.