I look at DeFi projects for just one thing:

Whether it can rise, I can't be bothered with the rest.
It wasn't until I was chatting with a friend who was in the cross-border business that he said the company wasn't lacking orders, but that money was always on the way: the goods had been shipped early, but the payment took days to come back, and the cash flow was completely stuck. At that moment, I realized that the real pain point was "money is too slow."

Later, I went to check PayFi and while browsing, I came across @humafinance.
One look at the team reveals that the technical side comes from Richard, who is from Tsinghua, Google, and EarnIn, managing the underlying technology and financing.
The product growth is Erbil from former Meta and Lyft, responsible for making the product user-friendly and widely used;
Ji Peng brings together the operations, ecosystem, and partners with his team.
What they are doing, to put it simply:
Put the "money that will be received in the future" (salaries, accounts receivable, stable income) on the blockchain, turning it into liquidity that can be used today,
Making money relies on risk control and real business, not on storytelling to drive the market.
In the past two years, Huma has grown from 0 to tens of billions in trading volume, and has raised tens of millions of dollars in financing.
At the same time, collaborate with Solana, exchanges, and institutions to cover the compliance and security aspects.
Overall, it resembles a company working on payment infrastructure, rather than just a project that issues tokens.
@humafinance is not the type of investment that makes you rich overnight by ten times.
More like one of those people who are slowly moving the flow of money from banks to the blockchain.
Whether one is optimistic about the short-term market or not is another matter, but this direction and these people are worth keeping an eye on.