$H_2/O_2$ 비에 따른 Hybrid HVOF 용사된 $Cr_3C_2$-7wt%(NiCr) 용사층의 특성 및 산화거동 This study was performed to investigate the influence of fuel/oxygen ratio (F/O=3.2, 3.0, 2.8) on the characteristics and the oxidation behavior of the hybrid-HVOF sprayed $Cr_3C_2$-7wt%NiCr coatings. Decomposition and the oxidation of the $Cr_3C_2$was occured during spraying. The degree of transformation from $Cr_3C_2$to $Cr_7C_3$ was increased with decreasing the F/O ratio. The microstructural differences of the as sprayed coating with F/O ratio can not be distinguished, However, large pores were diminished and then the coatings became dense by heat treatment. Microhardness of the as-sprayed specimen which sprayed with F/O=3.0 condition was hightest ($Hv_{300}$=1140) and the hardness was increased to 1500 after heat treatment at $600^{circ}C$ for 50hrs in air. It was supposed that hardness was increased due to the formation of $Cr_2O_3$ within $Cr_3C_2$/$Cr_7C_3$matrix and the densification of coating layer during heat treatment. Apparent activation energy for oxidation was varied from 21.2 kcal$mol^{-1}K^{-1}$ to 23.8 kcal$mol^{-1}K^{-1}$ with respect to the F/O ratio. The surface morphology was changed to porous and oxide chusters were grown after oxidation $1000^{circ}C$ for 50 hours by the aggressive evolution of gas phase ($CrO_3$ and$CO_2$). The oxide cluster was composed of Ni and Cr.