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Hylo Protocol

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Category: Stablecoin Issuer

Hylo

Hylo manages two Solana tokens: hyUSD, a stablecoin backed by liquid staking tokens, and xSOL, which provides exposure to SOL price movements. The protocol uses automated systems to maintain hyUSD's dollar peg while xSOL absorbs market volatility. Users can deposit liquid staking tokens to mint hyUSD or xSOL based on their risk preferences.
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Funding Rounds

Funding Round: Seed
Funding Date: 7 Aug, 2025
Raised Amount: $1.5M

Investors