If there is a tool that can double the value of your $SOL without worrying about liquidation risks, while also earning stable returns, would you be interested?
Anyway, it's just too friendly for me, because I'm a bit silly 😂 so I basically don't play with leverage, and when trading, I only buy spot. It's not that I don't want to play contracts, I really can't handle it. 😆
It seems that Hylo can help me solve this problem now, providing a reasonable, efficient, and safe way to use leverage. 😏
Hylo is an emerging DeFi protocol built on @Solana Official , and it just won an award in the payment track of the Solana Radar hackathon.
In summary, Hylo can achieve:
▫️Exchange $SOL for 2-4 times the earning opportunities.
▫️Earn interest by holding stablecoins.
▫️No need to worry about the risks of liquidation.
🔶Hylo has three core products, each with its own characteristics.
1⃣xSOL: The leverage tool that amplifies $SOL returns.
Think of xSOL as a 'return amplifier.' When you hold 1 xSOL, it's equivalent to having about 3 times the exposure to the fluctuations of $SOL, with no funding fees and no margin requirements.
The biggest highlight is that there is never a liquidation:
You only need to hold xSOL tokens to continuously enjoy leveraged exposure without worrying that your position will disappear when you wake up. Hylo will achieve this through an automatic rebalancing mechanism within the protocol, which is imperceptible to users.
2⃣hyUSD: A safer over-collateralized stablecoin.
This is a stablecoin pegged 1:1 to the US dollar.
Main advantage:
Over-collateralized and asset-transparent, every hyUSD is backed by more than $1 of interest-earning assets (like jitoSOL), which can be verified on-chain at any time, making it more decentralized and secure than centralized stablecoins that rely on bank deposits.
3⃣sHYUSD: 'High-Yield Demand Wealth Management' for stablecoins.
By depositing hyUSD, you can receive sHYUSD, with an annualized yield of about 18% in the last three months, far exceeding most stablecoin wealth management products currently available. It can be seen as a high-interest demand savings account in the DeFi world.
Hylo Product Risk and Return Positioning
🔶Mining Guide: Season 0 Points Season Rules and Strategies
Note that currently only 13,000 users are participating. Predicting the big deal, the current rules are very simple:
It adopts the most conventional points system, where points correspond to future token airdrops.
▫️xSOL: Earn 20 XP for every $1 of xSOL held daily.
▫️hyUSD: Earn 5 XP for every $1 of hyUSD held daily.
▫️sHYUSD: Earn 1 XP for every $1 of sHYUSD held daily.
Inviting friends can accelerate XP acquisition speed. Users who register using the invitation code AG68GE can immediately receive an additional 5% points bonus.
Based on different risk preferences, the following maximum return chart has been created:
▫️xSOL (High Points + Leverage Returns)
▫️hyUSD (Medium Points + Stable)
▫️sHYUSD (Pure Interest Income)
By the way, Hylo has just completed a $1.5 million financing round, led by Robot Ventures, and has undergone a comprehensive audit by OtterSec. During the private testing phase, the TVL also exceeded $10 million. As a project officially supported by Solana, safety is not a concern.
🔶Summary
Hylo cleverly solves the core pain points of DeFi users in leveraged trading—liquidation risks—through innovative product design.
At the same time, the stablecoin and interest-earning products it offers are also very competitive. Whether you want to amplify your returns through xSOL or earn stable interest through sHYUSD, users can find a suitable way to play.
Remember to use the invitation code AG68GE to get an additional 5% points bonus👇
https://hylo.so/leverage?ref=AG68GE
Related Links:
Official Website: https://hylo.so/leverage
Telegram: https://t.me/hylo_so
Discord: https://discord.com/invite/GkHKMq5krA
Documentation: https://docs.hylo.so/introduction