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Huam is a yield-bearing stablecoin protocol built on hedged DEX liquidity provision. Huam systematizes liquidity provision and derivatives hedging within a structured stablecoin framework, enabling access to high-return onchain strategies without direct management of LP positions or hedge parameters.

Key Properties

AttributeDescription
High ReturnHuam captures DEX trading fees, one of the most profitable and inherently volatile yield sources in DeFi. The strategy offers higher return potential relative to funding-rate or RWA-based models, with performance driven by market trading activity.
Collateral IsolationUSDhm remains backed 1:1 by USDC held separately from strategy capital. Strategy losses do not affect collateral backing unstaked USDhm or redemption availability.
Risk ManagementHuam applies systematic hedging to liquidity positions to mitigate directional exposure and reduce impermanent loss impact. Risk controls are embedded directly into protocol execution logic.
TransparencyLiquidity positions, hedge exposure, reserves, and performance metrics remain verifiable onchain in real time.

Core Components

Huam operates through a dual-token architecture separating stablecoin backing from yield exposure:
  • USDhm is Huam’s stablecoin. USDhm is mintable and redeemable 1:1 with USDC. Unstaked USDhm remains fully backed by USDC held in the Minter contract and is never deployed into yield strategies.
  • sUSDhm is the yield-bearing token built on the ERC-4626 vault standard. Staking USDhm converts stable collateral into strategy exposure. sUSDhm reflects realized strategy performance and may appreciate or depreciate depending on returns.
The dual-token structure maintains strict separation between stablecoin collateral and strategy capital, preserving redemption integrity while enabling performance exposure through staking.