Hylo USD (HYUSD) Price
HYUSD RANK #971The price of Hylo USD (HYUSD) is calculated in real-time by aggregating the latest data across 3 exchanges and 6 markets, using a global volume-weighted average formula. Learn more about how crypto prices are calculated on CoinGecko. Hylo USD is a decentralized stablecoin native to the Solana blockchain, designed to maintain a 1:1 peg with the US Dollar using a collateral pool of liquid staking tokens. Hylo USD is a decentralized finance (DeFi) product engineered for scalability and independence from traditional financial infrastructure. It introduces a stablecoin system where value is secured by the yield-generating potential of the Solana network. Unlike traditional stablecoins that rely on centralized bank reserves, Hylo USD is minted through the provision of liquid staking tokens (LSTs) as collateral.
