Key Metrics
Fees (Annualized)$3.96m
Fees 30d$185,658
Solana$185,658
Fees 7d$65,503
Solana$65,503
Fees 24h$1,723
Solana$1,723
Cumulative Fees$4.32m
Solana$4.32m
Revenue (Annualized)$2.15m
Revenue 30d$108,995
Solana$108,995
Revenue 7d$40,107
Solana$40,107
Revenue 24h$1,723
Solana$1,723
Cumulative Revenue$2.4m
Solana$2.4m
Total Raised$1.5m
Aug 7, 2025$1.5mRound: SeedInvestors: Robot Ventures, Solana Ventures, YTWO, Colosseum
Protocol Information
Hylo splits yield-bearing assets into two complementary products: hyUSD - a stable USD-denominated asset with access to sustainable yield, and xSOL - leveraged SOL exposure with zero liquidation risk and no funding costs. Users can deposit LSTs to mint either asset
Audits:
Methodology
TVL: TVL is the collateral (LSTs, cbBTC and USDC) held in the Hylo exchange program vaults backing hyUSD and xSOL. Vault addresses are derived on-chain from the program's LstHeader, ExoPair and UsdcPair accounts.View code on GitHubFees: Fees users pay to mint, redeem and swap hyUSD and levercoins (xSOL, xBTC), earn pool withdrawal fees, the staking yield and exo market borrow rate harvested from the collateral reserves, and the income of the Hylo validator.View code on GitHubRevenue: The portion kept by the protocol: all user-paid fees, the protocol's share of harvested yield and borrow rate, and Hylo validator income (block rewards, Jito tips, inflation commission).View code on GitHubCompetitors
Frequently Asked Questions
What is Hylo Protocol's TVL?
Hylo Protocol currently has $29.11m in total value locked. TVL has increased 87.5% over the past 30 days.
What chains does Hylo Protocol operate on?
Hylo Protocol operates on Solana. Solana holds the largest share at 100%.
How much has Hylo Protocol generated in fees and revenue?
Over the past 30 days, Hylo Protocol generated $185,658 in fees. Of that, $108,995 was protocol revenue. Based on the trailing year, the annualized rate is $3.96m in fees and $2.15m in revenue.
How does Hylo Protocol's TVL compare to similar protocols?
Among Dual-Token Stablecoin protocols tracked by DefiLlama, Hylo Protocol ranks #2 by TVL. The category holds $197.06m across 7 protocols, and Hylo Protocol accounts for 14.8% of that total. Other leading protocols include fx Protocol, MoneyOnChain, RIF ON CHAIN, Djed Stablecoin, DogeDollar, and Ethereum Classic Stable Dollar.
