Hylo Protocol

Hylo splits yield-bearing assets into two complementary products: hyUSD - a stable USD-denominated asset with access to sustainable yield, and xSOL - leveraged SOL exposure with zero liquidation risk and no funding costs. Users can deposit LSTs to mint either asset

Based, Hylo Protocol works in crypto / defi / dual-token stablecoin.

The company sits in the crypto / defi / dual-token stablecoin segment, where it competes on its core product or service.

Website: hylo.so