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It took Hylo 10 months and 4 pitch deck versions to raise our first round.
This round took 2 weeks. No pitch deck.
Hylo closed a $1M strategic funding round led by @SolanaVentures with participation from @colosseum.
This marks Solana Ventures' 2nd and Colosseum's 3rd investment in Hylo, reflecting their continued conviction in our vision to scale leverage and yield infrastructure on Solana.
Sape.hy retweeted
JUST IN: 3x Leveraged HYPE solana:7ga6rtE9qSb3wdEiDCpTu2kHqoGVfT52jD8ign1rYTvx jumps 25% on the news.
Sape.hy retweeted
USDC lenders, Loopscale just increased the USDC Hylo Vault’s capacity after it reached its cap.
Earn 8.98% APY and Hylo XP.
The USDC Hylo Vault cap is now $10M.
Earn up to 8.98% APY lending USDC against @hylo_so’s eHYUSD and @ExponentFinance’s Hylo fixed-yield and tranching markets.
Depositors earn hyUSD rewards, plus 2x Hylo XP.
Sape.hy retweeted
About $50K in expired RateX positions have been withdrawn so far, with $600K in Hylo assets remaining.
The tool also supports withdrawals of expired non-Hylo assets.
Following user reports of difficulties accessing the RateX app, we've built an alternative interface to help users withdraw their assets at hylo.so/migrate/ratex
The RateX team is working to restore access. In the meantime, funds remain onchain and users can exit their expired positions.
Hylo provides this tool as a public good for all RateX users. Its functionality depends on RateX's smart contracts remaining operational.
If you're having trouble accessing the RateX app:
Following user reports of difficulties accessing the RateX app, we've built an alternative interface to help users withdraw their assets at hylo.so/migrate/ratex
The RateX team is working to restore access. In the meantime, funds remain onchain and users can exit their expired positions.
Hylo provides this tool as a public good for all RateX users. Its functionality depends on RateX's smart contracts remaining operational.
Sape.hy retweeted
Leverage and yield are two of the most fundamental building blocks of DeFi. But there are a meager few teams actually innovating on them.
Proud to back a team who's delivered a novel take on both-- and they're just getting started.
Hylo closed a $1M strategic funding round led by @SolanaVentures with participation from @colosseum.
This marks Solana Ventures' 2nd and Colosseum's 3rd investment in Hylo, reflecting their continued conviction in our vision to scale leverage and yield infrastructure on Solana.
Sape.hy retweeted
Thrilled to be backing this goated team
We’re also thrilled to welcome an all-star lineup of angels to the Hylo journey:
@mert | Co-founder & CEO, Helius
@kashdhanda | COO, Jupiter
@nremond | CTO, SwissBorg
@cavemanloverboy | Co-founder, Temporal
@dreamsin_3d | Core Dev, Temporal
@drpeepee | Founder, DPPP Agency
Sape.hy retweeted
Hylo-issued assets have exceeded $1.7B in total on-chain volume, including secondary markets.
$700M of that represents cumulative volume on the Hylo Exchange alone, as displayed on the stats page ↓
Sape.hy retweeted
$eHYUSD tranches now accrue XP on Reflect and have been added to the Hylo Ecosystem page.
Choose between Protected and Amplified to start earning yield, Reflect points & Hylo XP.
Introducing @hylo_so points on the solana:HnnGv3HrSqjRpgdFmx7vQGjntNEoex1SU4e9Lxcxuihz market.
Protected deposits earn them at 3x
Amplified deposits at 6x
Paid on top of the current APY
Protected already earns 3x Reflect Points, so that side now collects both.
tranches.reflect.money
Sape.hy retweeted
Next up: Leaderboard page.
Top 3 PnLs’ average trade duration is about 60 days.
Leveraged tokens allow you to be wrong over a longer time window and survive corrections.
Top 10 PnL on Hylo Leveraged Tokens, visualized.
#1 peaked at $1.19M in unrealized profit and currently sits at +$684K on its $xSOL position.
The wallet has been holding since June.