Hylo HYUSD (HYUSD) stablecoin analytics
Explore Next
Move from this coin into the next useful surface: peer benchmarks, taxonomy cohorts, or live trackers that add context to what you just read.
XMX
AI Quant Trading Platform
Move from this coin into the next useful surface: peer benchmarks, taxonomy cohorts, or live trackers that add context to what you just read.
HYUSD
Hylo's hyUSD is backed 90% by JitoSOL with the remaining 10% in other Solana LSTs — a concentration in a single liquid staking token that earns both an A+ in dependency risk (no upstream stablecoins) and a C+ in resilience (all-high-risk collateral on a mature alt-L1). The B- safety grade at 66 with a perfect peg score and only three depeg events is impressive for a stablecoin whose entire backing is volatile crypto derivatives, powered by a dual-token design where xSOL absorbs SOL price swings to maintain hyUSD's overcollateralization. Solana-only deployment with DAO governance earns a C+ in decentralization — a notable achievement among crypto-backed stablecoins, where most competitors rely on centralized admin controls. The oracle-free design is elegant in theory, but the 90% JitoSOL concentration means hyUSD's stability is a direct function of Jito's validator operations and the Solana staking ecosystem's health.
Detailed stablecoin analytics coming soon...
