Hylo Protocol
Hylo Protocol is a Solana-native DeFi system featuring a dual-token model (hyUSD + xSOL) that delivers a fully decentralized, LST-backed USD stablecoin with sustainable high yields and zero-liquidation leveraged exposure to SOL — all without fiat or RWA collateral.
Total Value lock 
$0
Tokens issued
-Blockchains
1Exchanges
-Partners
-Licenses
-Founded
2024Total Value Locked by Chains
| # | Chain name | % | Distribution |
|---|---|---|---|
 Not found Sorry, there are no related tokens. | |||
Platform Profile
Type
stableCoinWebsite
https://hylo.so/
Issuer
Hylo ProtocolAddress
New York City, New York, USADocumentation
https://docs.hylo.so...Jurisdiction
United StatesAPI available
trueStatus
UnregulatedAbout Hylo ProtocolLaunched in 2024 after placing second in the Solana Radar hackathon payments track, Hylo Protocol introduces a self-contained DeFi primitive on Solana. Users deposit liquid staking tokens (LSTs) into a shared collateral pool to mint hyUSD (a stablecoin pegged to USD) or xSOL (a tokenized leveraged long on SOL with no liquidation risk or funding costs). The dual-token design balances stability and leverage: LST staking yields support hyUSD holders (often delivering double-digit APY via sHYUSD), while xSOL captures amplified SOL price movements. Hylo emphasizes full decentralization, avoiding off-chain assets and counterparty risks. The protocol has rapidly scaled TVL, generates significant fees, and runs points programs for community incentives. It positions itself as Solana's highest-yielding native stablecoin solution for yield-seeking users and leveraged traders.