Huma Finance reported a security breach on its V1 contract on Polygon, resulting in the theft of approximately 101,400 USDC. The incident, disclosed on May 11, did not compromise user fund security or affect the Huma Finance PST. The project's V2 system on Solana, which is a completely rebuilt version, remains unaffected by this vulnerability. The team was already in the process of phasing out the V1 liquidity pool and has now paused all V1-related contracts, focusing on completing the final closure tasks.