what's hylo?
Hylo is a decentralized finance protocol on the Solana blockchain that introduces a symbiotic dual-token system to address limitations in traditional stablecoins and leverage products. It features hyUSD, a stablecoin pegged 1:1 to the US dollar and backed by Solana liquid staking tokens (LSTs), providing users with a censorship-resistant, yield-bearing dollar without reliance on centralized treasuries or custodians. Complementing this is xSOL, a tokenized asset offering 2-3x leveraged exposure to SOL price movements with no liquidation risk, no funding fees, and protocol-managed rebalancing for passive, long-term strategies. The system uses a shared collateral pool of LSTs, where yield generated flows into a stability pool to amplify returns for staked hyUSD holders, typically 2-3x the base LST yield. Hylo aims to solve the stablecoin trilemma by combining price stability, decentralization, and capital efficiency, fostering scalable DeFi applications on Solana.
Hylo partnered with DFDV to deploy treasury assets for onchain yield and points earning.
contract
solana
Partnered with DFDV (DeFi Dev Corp) to enable deployment of treasury assets for onchain yield and points earning.
Featured in a Lightspeed podcast episode discussing origin story, yield generation, points system, and 2026 roadmap.
sHYUSD offers 19% yield on RateX_Dex for 44 days with $1.5M liquidity, including Stability Pool and additional point rewards.
The hyUSD pool on Loopscale offers ~9% APY with additional farming rewards for both Hylo and Loopscale tokens, with TGE expected in Q1-Q2.
Season 1 launches with an updated XP hub where Season 0 Crowns carry over as boosts in a tiered system rewarding consistent activity.
Hylo is listed among projects expected to have their Token Generation Event in 2026.
The project receives a Rising Star [DeFi] nomination at SolanaConf.
The protocol achieves a top 125 global ranking position.
An experienced trader reveals an 8-figure position in hyUSD and describes it as the safest option among Solana's emerging stablecoins, citing transparency and lack of counterparty risk as key factors.
Liquidity providers in hyUSD-USDC pool receive 10,000 JTO per month and 5x Hylo XP Boost in collaboration with Jito.
The protocol has generated $1M in revenue since launch and crossed $100M TVL.
sHyUSD offers at least 20% APY yield on Kamino, with yields expected to increase in coming days.
The deposit cap on hyUSD at Project 0 remains low and will increase upon deployment of internal liquidators; the project seeks external liquidators for collaboration.
Hylo products are now available on Project 0 platform.
The protocol reaches $100M TVL milestone (from $5.6M in three months) and introduces hyloSOL+ liquid staking derivative holding over 165K SOL with yields up to 18.53% APY. Onchain revenue surpassed $1M by November with daily highs of $33K, while maintaining 164.7% collateralization across the ecosystem.
An airdrop (part one) is announced for the project.
New hyUSD-USDC LP launches on Kamino platform, offering LP depositors 5,000 JTO incentives and 5x XP boost.
Integration with Titan_Exchange as a liquidity source is in progress.
Colosseum is the first venture investor in the project, which previously won their hackathons and completed their accelerator program.
An experienced crypto professional with financial engineering background in slicing yield-bearing assets into different risk and yield tranches joins as advisor to help shape products.
hyUSD vault on Loopscale currently offers double-digit yield with 8x points multiplier.
The protocol reaches $100M in TVL after 4 months since public launch. RateX_Dex integrates xSOL farming on their leveraged synthetic yield platform.
Current APY on sHYUSD holdings is 14%. A user allocates $200k to the protocol.
Titan_Exchange integrates hylo routing before any other exchange, reducing slippage by $2-3k per transaction for large USDC mints.
A 4x rewards boost begins for a 48-hour period.
Deposits increase by over $5 million in one day following the addition of xSOL, hyUSD, and sHYUSD on Loopscale Labs.
Integration with Loopscale enables borrowing xSOL against sHYUSD collateral for leveraged positions.
TVL crosses $100 million milestone.
A trader deploys 8 figures across Hylo assets with plans for additional capital deployment. The project awaits more audit reports and security updates.
Incentives for hyUSD/eUSD and dgnETH/ETH+ pools begin phasing out on October 22, with reallocation toward $LCAP and other DTFs. LPs are advised to gradually exit or reallocate positions.
Token incentives go live with 5,000 $JTO per month rewards and 5x XP boost for hyUSD-JitoSOL pool deposits via Kamino automated vaults.
Renaud Partners listed as investor in the project. (ID: 1977712244013097464)
Listed as an airdrop farming opportunity in a crypto airdrop compilation list.
Platform records zero liquidations yesterday, indicating operational stability and healthy user position management.
TVL reaches new all-time high of $70M+, up from $60M reported on September 22nd.
Achieves 204% TVL growth in September 2025, placing in top 10 projects by TVL growth for the month.
Completes $1.5M seed funding round.
TVL reaches new all-time high of $60M, representing 3x growth from the previous $20M TVL reported in late August.
V2 version development confirmed by team communication to early platform users.
Renaud Partners announces backing of the project.
Platform deposits reach new high of $22.7M, marking 10x growth in six weeks.
Protocol reaches $20M TVL with 175% collateral ratio and 15% APY on sHYUSD.
Platform adds xSOL minting capability alongside existing HYUSD operations.
Seed round closes with RobotVentures and Solana Ventures leading, joined by angel investors eash0x and gizmothegizzer.
Season 0 points program launches with leveraged trading and yield-bearing stablecoin features.
HYUSD offers 11% APY yield with additional boost available through stability deposits (sHYUSD). Private beta accessible with code KATEXBT.
Private beta launches with exclusive access code 'CHILLCAST' for early users.