What Is HSF? An Overview of the Hillstone Finance Project
HSF, short for Hillstone Finance Token, is the core utility token of the Hillstone Finance ecosystem. Hillstone Finance is a smart contract-based asset liquidity project whose primary goal is to leverage blockchain technology to bridge the gap between traditional finance and digital assets.Operated by Hillstone Partners—South Korea’s first M&A (Mergers and Acquisitions) firm—the project aims to provide liquidity for various on-chain financial products and physical assets, while offering global users convenient and diverse investment and financing channels.
The project’s initial vision is to become a decentralized financial services provider in the metaverse, facilitating asset settlement through its platform, enabling individual investors to participate in traditionally high-barrier investment areas such as private equity, and striving to protect investors from potential losses through its mechanisms.
Key Data and Market Performance of the HSF Token
The HSF token was launched in July 2021 on the Ethereum platform as an ERC-20 standard token.
- Total Supply: 100 million HSF tokens. Of this total, 5% of the tokens are allocated for development funds and are held in a multisignature wallet.
- Circulating Supply: As of July 5, 2026, according to CoinMarketCap data, the circulating supply of HSF was approximately 30.01 million tokens.However, other data sources (such as CoinLore) have reported a circulating supply significantly lower than this—for example, approximately 38,000 tokens—which may reflect differences in statistical methodologies or actual tradable volumes.
- Real-time Price: As of the time of publication in July 2026, the price of HSF fluctuated between approximately $0.0029 and $0.0035.
- Market Capitalization: As of July 5, 2026, HSF’s market capitalization was approximately $87,040.
- 24-Hour Trading Volume: As of this writing, HSF’s 24-hour trading volume is reported as $0 or extremely low (for example, CoinLore previously reported an average daily trading volume of approximately $0.01 over the past 30 days), indicating very limited market liquidity.
- All-Time High (ATH): HSF’s all-time high was reached in April 2022, ranging from approximately $6.87 to $7.17 (figures vary slightly across different data sources). Compared to the current price, this represents a significant decline.
Channels for Trading and Acquiring HSF Tokens
Given the HSF token’s market performance and extremely low trading volume, its trading channels are relatively limited, and there are significant liquidity risks.
- Centralized Exchanges: According to public information, HSF is currently tradable on a handful of centralized exchanges, such as LATOKEN, typically in the form of USDT trading pairs.HTX (HTX) has also provided market data for the HSF/USD pair. However, due to its extremely low trading volume, executing large or even small orders on these platforms may be difficult and could result in significant price slippage.
- Decentralized Exchanges (DEX): As an ERC-20 token on the Ethereum, HSF can theoretically be traded on decentralized exchanges such as Uniswap. However, similarly, extremely low liquidity means that trading HSF on DEXs also carries the risk of high slippage and difficulty in executing trades.
Risk Warning: Given the HSF token’s low market capitalization and extremely low daily trading volume, its price is highly volatile, and there is a severe lack of liquidity. Investors considering trading HSF or any similar low-liquidity asset must fully understand the associated risks, including but not limited to extreme price volatility, difficulty in buying and selling, and the potential risk of the asset’s value dropping to zero.
