# 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.