# Base Hourly Fee **Base Hourly Fee**\ The Base Hourly Fee is the main cost of keeping a loan active on Liqfinity. It adjusts dynamically with market conditions to keep positions safe from liquidation. #### Key Features * **Market-Responsive:** Fees rise when markets are volatile, and are generally lower when prices trend upward than when they fall. * **Fair and Transparent:** The same fee model applies to all users—no tier favoritism. * **Flexible Outcomes:** In a downturn, you can choose to hold your position, close and reborrow later, or exit completely. #### Why Repay Fees Frequently The longer you let fees build up, the more expensive your loan becomes over time. By repaying fees regularly, you reduce your future costs and keep your position more efficient. --- # Agent Instructions: Querying This Documentation If you need additional information that is not directly available in this page, you can query the documentation dynamically by asking a question. Perform an HTTP GET request on the current page URL with the `ask` query parameter: ``` GET https://docs.liqfinity.com/features/borrow/base-hourly-fee.md?ask= ``` The question should be specific, self-contained, and written in natural language. The response will contain a direct answer to the question and relevant excerpts and sources from the documentation. Use this mechanism when the answer is not explicitly present in the current page, you need clarification or additional context, or you want to retrieve related documentation sections.