Hylo is a decentralized finance (DeFi) protocol built on the Solana blockchain, designed to offer scalable and independent financial products. It introduces a dual-token system: hyUSD, a stablecoin pegged to the US dollar and backed by Solana liquid staking tokens (LSTs) like mSOL and JitoSOL, and xSOL, a synthetic asset providing long-term leveraged exposure to SOL without liquidation risks.
