xSOL enables 2-4x leveraged exposure to SOL price with no ongoing fees or liquidation risk.

xSOL's leverage is powered by the volatility absorption mechanism of SOL collateral backing hyUSD. When SOL price fluctuates, the system dynamically reallocates value, allowing xSOL to capture amplified price movements without external borrowing or liquidation.

Hylo charges a simple 1% fee on both minting and redemption during normal protocol operations. That’s it—no ongoing fees, no interest accrual, and no liquidation risk eating into your PnL. xSOLunlocks the cheapest way to leverage SOL on Solana.

If the market goes against your trade, there’s no need to add collateral to keep your position alive. xSOL automatically rebalances its leverage based on the protocol’s state. It’s essentially lazy leverage—you don’t have to micromanage your position, the protocol does it for you.

You can’t get liquidiated. If the price action moves against you, your losses appear amplified but your position is never wiped out. You can simply wait for SOL to recover. With xSOL, you’re never out of the trade.

You simply burn your xSOL tokens to redeem the underlying LSTs on our platform at its net asset value (NAV) through a familiar swap interface.