${ project.token } (${ project.short_token }) #${ project.rank }
${ project.name }
@${ project.slug }
${ project.price_btc } BTC
Socials
Explorers
${explorer.short}MarketCap | $ ${ project.market_cap } |
---|---|
Volume(24h) | $ ${ project.volume_24 } |
Circulating Supply | ${ project.circulating_supply } ${ project.short_token } |
Total Supply | ${ project.total_supply } ${ project.short_token } |
About the project
The implementation of new bank regulations for liquidity, mandatory clearing, and margin requirements for OTC derivatives have caused a significant increase in demand for High Quality Liquid Assets (HQLAs). As a result, there exists a heightened need for a marketplace to facilitate large scale, cost efficient collateral transfers across the global financial eco-system. The main cost drivers and hurdles for traditional collateral transfers are capital costs associated with balance sheet usage, and settlement / operational bottlenecks associated with the delivery of securities across a fragmented securities settlement system. The vision behind HQLAX is to provide market participants with a platform that helps improve collateral fluidity by creating a new, more efficient, more transparent and more cost effective marketplace for liquidity transfers.