Hylo
Hylo is a Solana stablecoin protocol where hyUSD is backed by liquid-staked SOL and xSOL absorbs the leveraged price exposure.
What is Hylo?
Hylo is a DeFi protocol on Solana built around a dual-token system. Users mint hyUSD, a stablecoin collateralized by Solana liquid-staking tokens that earns staking yield, or mint xSOL, a token that absorbs the leveraged long exposure to SOL price. Positions can be redeemed any time, and the protocol relies on LST yield instead of real-world collateral or third-party trading desks.
Web3 dapps and developer tools related to Hylo
Discover blockchain applications that are frequently used with Hylo.
Lista DAO
Asymmetry Finance
Glow Finance
Maxbid Pro
Developer resources from Alchemy
What is the Solana Geyser Plugin? A 2026 guide for builders
Learn what the Solana Geyser Plugin is, how it relates to Yellowstone gRPC, and when to use streaming over RPC. Updated for 2026.
Alchemy Validators expands Solana staking rewards with Pye Labs
Alchemy collaborates with Pye Labs for institutional Solana staking with 13-25% yields vs 7%. Features programmable lockups, transparent terms, tradeable positions, and 99.9%+ uptime across institutional-grade infrastructure.
Liminal eliminates downtime using Alchemy’s Transfer API
Liminal provides an easy-to-setup and simple-to-use digital asset wallet infrastructure and custody platform.
Hylo alternatives
Explore web3 competitors and apps like Hylo.
River Inc
Frax Finance
Mento
Handle.fi
App store listings are independently reviewed and written by Alchemy using a combination of inbound submissions, editorial research, public project sources, and third-party directories, including ecosystem data from The Grid under the Open Database License, DefiLlama, DappRadar, Reown, and chain ecosystem pages.
