$~20B liquidated. Hylo +$38.25M net (30D). Here’s who led it 👇
⛓️ Volume (mint+burn): $93.66M
⚡ Mints: $65.96M (36,277 tx)
🔥 Burns: $27.70M (17,666 tx)
➕ Net: +$38.25M (~$1.28M/day)
A month of shakeouts & congestion - @hylo_so kept compounding. All four products printed positive net over 30D.
#Hylo #Solana #DeFi
Ladies and gentlemen, we're so back
Frenzy will now resume deploying trends
Reminder of what that means for you:
* No bundles. No farms. Every Frenzy deploy is fair
* Verified users get in first, at the lowest price possible
If you're not verified in-app yet, now's the time
UPDATE: Stability Pool Rebalancing in Progress
This past week, Hylo experienced the largest stability pool activation in its lifespan. As SOL declined from $104 to $66, the pool deployed $5.5M in hyUSD across 32 conversions, accumulating 78.6M xSOL tokens.
As SOL's price has recovered and the protocol's collateral ratio improved, the Stability Pool has begun converting xSOL back to hyUSD.
> Stability pool operations have resulted in 6% gain on sHYUSD price
sHYUSD volatility will persist until the pool completes its full exit from xSOL and returns to 100% hyUSD composition, restoring delta-neutral positioning.
Stability Pool Activities: https://t.co/RwDqXtG4SI
The next TikTok trend will go live soon™
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