Huma Finance's PST token hits $322M market cap on Solana
- —PST market cap grew from $158 million in April to $322 million in September
- —Token yield is about 8% annual in USDC with zero defaults
- —Cumulative protocol transaction volume exceeded $14 billion by end-June
- —PST is integrated with Morpho and Fluid on Ethereum; Bitwise and Coinbase AM have shown interest
Why it matters: PST's growth shows institutional demand for tokenized credit and yield-bearing assets in DeFi, strengthening Solana's position as a base for RWAs.
Source: Crypto Briefing