Figure Heloc

Figure HELOC (FIGR_HELOC) is a tokenized real-world asset that represents home equity lines of credit — loans secured against a borrower's home — that have been converted into on-chain digital form on the Provenance Blockchain. The project aims to address the inefficiency and opacity of traditional institutional debt markets by standardizing and digitizing loan assets so they can be originated, traded, and settled more transparently. The primary audience is institutional participants in credit markets, not retail loan borrowers.

The token lives on Provenance Blockchain, where Figure Connect handles the primary market by packaging HELOC loans into composable on-chain formats, and Figure Markets provides a secondary venue where these tokenized loans can be traded and settled around the clock with both crypto and fiat on-ramps. Each token represents an interest in the underlying loan pool, so its value tracks the performance and principal of those real-world credit assets rather than a native protocol utility function. No consensus algorithm is recorded for this asset, and block time is logged as zero, reflecting that the relevant mechanics belong to the Provenance Blockchain infrastructure rather than to this token itself.

The data provided does not include a fee stream, revenue figure, or protocol earnings for FIGR_HELOC, so no fee-based measures are available on this page. What is recorded is that 100 percent of the supply is already in circulation, the max supply is null, and the dilution overhang stands at 0.0 percent, meaning no additional tokens are known to be pending issuance. The economic return for holders, if any, would derive from the underlying HELOC assets themselves rather than from protocol fees, but that detail is not captured in the data stored here.