Hibt Loans — FAQ
Hibt Loans — FAQ
1. What is HiBT Loans?
HiBT Loans is a service that allows you to obtain additional liquidity while keeping your assets.
You can pledge your assets as collateral and borrow stablecoins or other liquid funds to seize more market opportunities.
HiBT Loans adopts an overcollateralized model, where you must maintain a required Loan-to-Value (LTV) ratio. As long as your LTV remains within the allowed range, you can keep using the borrowed funds indefinitely.
Please note that if your LTV rises too quickly, the system will issue a margin call requiring you to add collateral or partially repay the loan to lower the LTV. Always keep an eye on your LTV to avoid liquidation risk.
2. How can I use the borrowed funds?
Borrowed funds can be used across various trading scenarios within the HiBT platform, including:
• USDT-M Futures
• Hibt Event Contracts
• Copy Trading (Lead Trader operations)
… and more.
3. Can I use my pledged assets for other purposes during the loan period?
No. Your pledged assets are locked in your Funding Account and cannot be traded or withdrawn.
However, you may check their status and value at any time in your account.
4. What is LTV (loan-to-value)? How much can I borrow from Hibt Loans?
Loan-to-value (LTV) represents the ratio between the value of the assets you borrow (including accrued interest, if any) and the value of your pledged collateral. Initial LTV settings vary by collateral asset. Values are measured using each asset’s price index.
LTV = borrowed value / collateral value
Example: If the initial LTV for USDT is 65% and you pledge 1,000 USDT as collateral, you may borrow up to 650 USDT worth of assets.
5. Are there limits on collateral and borrow amounts?
Yes. Maximum collateral and borrow limits vary by asset and by loan plan.
For example:
If you pledge 1 BTC (assuming the collateral cap is 70,000 USDT) and borrow 60,000 USDT, you may still add collateral worth up to 20,000 USDT and borrow up to an additional 20,000 USDT.
Limits may change — please refer to the latest rules on the platform.
6. What is liquidation and what is the liquidation LTV?
For secured loans, if the borrower (user) defaults, the lender (Hibt) has the right to obtain ownership of the collateral. This typically occurs when the current LTV exceeds the liquidation LTV — for example, when collateral value falls or the borrowed asset value increases due to accrued interest.
7. What happens when a loan position is liquidated?
If any asset reaches its maximum liquidation threshold (for some assets this may be 91%), full liquidation will occur. The loan will be repaid using the equivalent value of the collateral for that loan position.
During liquidation you will not be able to adjust the LTV or repay the corresponding loan order manually. The platform will deduct collateral at market price to cover the debt, and any remaining assets will be returned to your account.
If market volatility causes collateral value to be lower than the total debt during liquidation execution, you are responsible for immediately repaying any remaining shortfall.
8. What is a margin-call (warning) notification?
A margin-call (warning) notification is issued when a specific collateral-loan pair approaches the margin-call LTV (for example, 85%). The margin-call LTV is a warning threshold before liquidation. When your LTV reaches or exceeds this level, you should add collateral or partially repay the loan to reduce your LTV and avoid liquidation.
Example: For a BTC/USDT collateral-loan pair with a margin-call LTV of 85%, the system may remind you to top up collateral when (outstanding loan + accrued interest) / collateral value ≥ the defined threshold.
9. Will I receive notifications for margin calls or liquidations?
You will receive in-app notifications if a margin call or liquidation is triggered. Notifications are risk alerts only; Hibt does not guarantee timely delivery.
There may be circumstances in which SMS or email notifications are delayed or not delivered (for example, network congestion, local restrictions, service provider policies, or device issues). If a margin call and liquidation occur very close together, the margin-call notification may be superseded and you may only receive the liquidation notification. Hibt reserves the right, but has no obligation, to send notifications.
10. Which interest rates apply to my loan?
Hibt publishes all relevant borrowing rates. Borrowing rates for each collateral and loan asset are updated frequently (for flexible loans, rates may update every minute). Rates can change at any time, so monitor the applicable rate carefully. You may choose to repay at any time. Please refer to the Loan Data page for detailed rate information.
11. How is interest calculated on loan positions?
Interest accrual depends on the interest method you select when placing the loan order:
Daily accrual — Interest is calculated at 00:00 (server time) each day and deducted from your repayment account.
Hourly accrual — Interest is calculated each hour (on the hour) for the preceding hour and deducted at that time.
Please ensure your repayment account has sufficient balance before the scheduled deduction times.
12. How do I repay a loan or add collateral?
To repay: From your loan order page, select Repay and complete the repayment. Before performing a full repayment, ensure your repayment account available balance > total repayment amount + interest due.
To add collateral: From your loan order page, select Add Collateral to increase collateral value and lower your LTV.
13. Which assets can be used as collateral or borrowed?
Hibt supports a variety of loanable and collateral assets, including but not limited to USDT, BTC, and ETH.
Note: The same asset cannot be used as both collateral and borrowed asset in a single loan position (for example, you cannot pledge BTC and borrow BTC within the same position). You may open multiple loan positions with different collateral-loan pairs (for example, pledge BTC to borrow USDT). Supported assets for collateral and borrowing are updated from time to time. Please refer to the Loan Data page for the current list.