Profile
hyUSD profile facts
Hylo HYUSD (hyUSD) static profile: governance model Decentralized (DeFi); backing model Crypto-Collateralized; peg US Dollar.
- Collateral
- Independent SOL-LST, cbBTC, HYPE, and USDC pools under Hylo V2; each volatile-asset pool has an xASSET tranche that absorbs collateral-price exposure before HYUSD
- Peg mechanism
- Each isolated pool maintains the Hylo invariant in which its xASSET tranche absorbs collateral-price changes while HYUSD remains the stable claim; pool liabilities reconcile to HYUSD supply.
- Jurisdiction
- Not disclosed in the static profile.
- Proof of reserves
- No proof-of-reserves entry in the static profile.
- Contracts
- 1 deployment tracked across Solana.
Source: Pharos registry profile fields. Live price, supply, reserve, liquidity, event, and safety data load in the interactive dossier on this page.
hyUSD quick answers
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What is Hylo HYUSD (hyUSD)?
HYUSD is Hylo's stable claim across independent SOL-LST, cbBTC, HYPE, and USDC collateral pools. The static profile records its US Dollar peg mechanism as: Each isolated pool maintains the Hylo invariant in which its xASSET tranche absorbs collateral-price changes while HYUSD remains the stable claim; pool liabilities reconcile to HYUSD supply.
Is hyUSD safe?
As of Oct 25, 2026, Pharos grades hyUSD C+ (61/100) on its Safety Score. Pharos's reviews record that no direct power to freeze holders was found on its material deployments, and any holder can use its reviewed redemption route. That is a middle-band grade: it meets baseline expectations but carries meaningful weaknesses. The grade moves as reserve, redemption, peg and control evidence changes; the live Safety Score on this page shows the current reading.
What backs hyUSD?
Pharos records hyUSD's reserves as of Aug 20, 2026 as 92.1% SOL LST pool collateral at current Hylo program state, 4.6% cbBTC pool collateral at current Hylo program state, 1.8% USDC pool collateral at current Hylo program state, and 1 smaller holding. Reserve evidence: live reserve feed configured. Pharos classifies the backing as Crypto-Collateralized.
Can hyUSD be frozen or blacklisted?
Based on tracked contract metadata and blacklist coverage, no direct freeze-control path sets the verdict under the reviewed deployment-materiality scope.
How do you redeem hyUSD?
Under the route Pharos reviewed on Oct 9, 2026, any holder can redeem hyUSD for a mix of collateral assets. Redemption settles atomically on-chain. The fee is variable or not fully published. Whether a given holder qualifies is set by the route's own terms, not by this summary.
