# HLiquity

> Track HLiquity's market cap with daily on-chain data. Compare HLiquity with other stablecoin issuers. See charts and datasets in one place. Updated daily.

Source: [HLiquity on Token Terminal](https://tokenterminal.com/explorer/projects/hliquity). This page has no metric values. For current values, use the [Token Terminal API](https://tokenterminal.com/docs/api-reference/introduction) or the [MCP server](https://tokenterminal.com/docs/mcp/introduction).

- Token: HLQT
- Sectors: Stablecoin issuers
- Chains: hedera

## About

### What it is

HLiquity is a decentralized, non-custodial borrowing protocol on Hedera, forked from Liquity. It enables interest-free borrowing against HBAR collateral and issues HCHF, a Swiss Franc-pegged stablecoin. The protocol is immutable and governance-free.

### Who uses it

HBAR holders seeking liquidity without incurring interest charges, and users comfortable with Swiss Franc-pegged stablecoins.

### How it works

Users deposit HBAR as collateral to take out interest-free loans disbursed in HCHF, a stablecoin pegged to the Swiss Franc. Loans require a minimum collateral ratio of 110%.

## Metrics

Token Terminal tracks these metrics for HLiquity daily. Each page has a chart with the full history.

- [Price](https://tokenterminal.com/explorer/projects/hliquity/metrics/price)
- [Fully diluted market cap](https://tokenterminal.com/explorer/projects/hliquity/metrics/market-cap-fully-diluted)
- [Token trading volume](https://tokenterminal.com/explorer/projects/hliquity/metrics/token-trading-volume)
- [Token turnover (fully diluted)](https://tokenterminal.com/explorer/projects/hliquity/metrics/token-turnover-fully-diluted)
- [Active addresses (daily)](https://tokenterminal.com/explorer/projects/hliquity/metrics/active-addresses-daily)
- [Active addresses (weekly)](https://tokenterminal.com/explorer/projects/hliquity/metrics/active-addresses-weekly)
- [Active addresses (monthly)](https://tokenterminal.com/explorer/projects/hliquity/metrics/active-addresses-monthly)
- [Transaction count (contracts)](https://tokenterminal.com/explorer/projects/hliquity/metrics/transaction-count-contracts)
- [Gas used](https://tokenterminal.com/explorer/projects/hliquity/metrics/gas-used)

## Links

- [website](https://hliquity.org/)
- [twitter](https://twitter.com/HLiquity_)