According to CoinMeta, Richard Liu, co-founder of Payfi, stated that on October 22, an early-stage LP wallet was hacked, resulting in the sale of approximately 12 million HUMA tokens obtained through airdrops. From November 2 to 7, the number of open contracts increased from around 620 million to 1.1 billion, and the funding rate turned negative starting from November 4. The volume of perpetual trading reached 7 to 10 times that of spot trading. The Huma Foundation and its affiliated entities have not conducted any HUMA transactions in the past three months and plan not to sell tokens during the upcoming unlocking period. Since TGE, the liquidity of Huma DEX has been provided by the Huma Foundation.