AIrdrop Agent

Hylo

DeFi · Solana

Solana's liquidation-resistant stablecoin and leverage tokens

Participation

Open now

Token

Not announced

Potential
Total funding

$2M

Major VCs
Robot VenturesColosseumSolana VenturesYTWO
Last verified

2026-08-12

Potential is AirdropAgent's editorial assessment and does not confirm an official distribution.

Tasks

Participation programme live
  1. Connect a Solana wallet at hylo.so.
  2. Hold hyUSD, xSOL, xBTC, hyloSOL, or hyloSOL+ to earn daily XP.
  3. Deposit hyUSD for eHYUSD to earn Earn Pool yield (about 7.99% APY) plus XP.
  4. Provide liquidity to a Meteora LP pair containing hyUSD for extra XP.
  5. Join Loopscale's double-XP campaign before it fills or ends around August 13, 2026.
  6. Open or roll over a position on Exponent to earn boosted XP multipliers until August 24, 2026.
  7. Share a referral code to earn XP boosts for both referrer and referee.
Check the official site

Events & campaigns

EventsHylo XP Season 1: Genesis Event and Time-Limited Boosts Explained2026-08-04

Funding & investors

Round
Seed
Lead
Robot Ventures
Investors
Robot Ventures · Colosseum · Solana Ventures · YTWO

Overview

Hylo is a Solana DeFi protocol offering the stablecoin $hyUSD and leveraged tokens $xSOL and $xBTC. It pools collateral across multiple assets to back liquidation-free leverage and a stablecoin without a single point of failure. Depositing hyUSD yields the yield-bearing $eHYUSD, and Hylo also offers hyloSOL and hyloSOL+ liquid staking tokens.

Analysis

  • DefiLlama shows TVL of about $16.1M for Hylo Protocol and $15.1M for Hylo LSTs.
  • hyUSD trades near $1 on CoinGecko, with market cap and FDV both around $13.3M and nearly full supply in circulation.
  • Hylo has raised $1.75M total, led by Robot Ventures with participation from Colosseum and Solana Ventures.
  • The XP program has run through two seasons: Season 0 (from around July 17, 2025) and Season 1 (from December 5, 2025, no fixed end).
  • No named audit firm or audit date is publicly confirmed, leaving security backing weak.
  • No launch date has been announced for a native governance or rewards token.

Token & distribution status

Token
Not announced
Ticker
Not announced
TGE
Not announced
Allocation
Published

Allocation

  • Season 0 (from around July 17, 2025 to December 5, 2025): xSOL earned 20 XP/$/day, hyUSD 5, sHYUSD 1, hyloSOL+ 5, hyloSOL 1, with referrers earning 10% of a friend's XP. Private Beta Boosts #1-4 (5%, 5%, 10%, 5%) also applied.
  • Crowns and Private Beta Boosts earned in Season 0 carried over as boost multipliers into Season 1.
  • Season 1 (from December 5, 2025, no fixed end): XP rates held steady from Season 0, adding a 5% referee boost, 10% referrer share, and Crown-tier boosts (0.1%/crown for 0-100, 0.01%/crown for 101-300, 0.005%/crown for 301+).
  • Within Season 1, several time-boxed boosts have run concurrently: the eHYUSD Genesis Boost (up to 25%), the ONE Vault 16x XP campaign, Loopscale's double XP, the expanded Meteora hyUSD LP XP, and the Exponent maturities boost.
  • No distribution amount, snapshot date, or claim deadline has been announced for a native token.

Tokenomics

hyUSD is a stablecoin, not a governance or rewards token. Its market cap and FDV are both about $13.3M, with nearly the full supply in circulation. Allocation, unlocks, and utility for a native token remain unannounced.

AirdropAgent view

This is our analysis of public information, not an official programme rule.

  • Since Season 1 has no fixed end date, start by holding core assets (hyUSD, xSOL, xBTC, hyloSOL+) to accrue daily XP.
  • Prioritize Loopscale's double-XP campaign (90% of its $1.5M cap filled, ending around August 13, 2026) while it remains open.
  • Open or roll over Exponent Liquidity and Farm positions before August 24, 2026 to capture the maturities boost.
  • Since Meteora's hyUSD LP XP eligibility has expanded, existing LP positions can earn extra XP at no added cost.
  • The ONE Vault Genesis Event ($15M cap) is over 70% filled, so consider joining before it fills.

Security & risks

Key risks

  • No native token launch date has been confirmed, so there is no guarantee XP converts into future rewards.
  • No named audit firm or audit date is publicly confirmed, leaving security backing weak.
  • Leveraged tokens can still lose significant value in volatile markets even without liquidations.
  • hyUSD relies on multiple collateral pools, leaving peg risk if a collateral asset drops sharply.
  • Integrations with Loopscale, Meteora, and Exponent add each platform's own smart-contract risk.
  • Capped campaigns (the Genesis Event, Loopscale double XP) end once filled, so latecomers may miss out.

Recent moves on X

Only posts about joining or distribution, shown as posted. Click through for the original.

What's next

  • No TGE date has been announced for a native token.
  • Hylo has polled its X community on candidates for the next xAsset, with selection ongoing.
  • Season 1 has no fixed end date; Hylo says it will move to the next phase based on market conditions and protocol milestones.
Visit the official site

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