Dual Token Stablecoin · Alternatives
The best Hylo Protocol alternatives in 2026
Hylo offers hyUSD and leveraged xSOL on Solana, but verify its fees, token mechanics and audit details before depositing. If Hylo Protocol is not the right fit, these 4 reviewed Dual Token Stablecoin options are the closest matches, ranked by SkyBitcoins score. Read our full Hylo Protocol review
At a glance
Hylo Protocol vs the alternatives
| dApp | Score | TVL | Chains |
|---|---|---|---|
| Score 4.5 out of 10 | $33.5M | 1 | |
| Score 5.8 out of 10 | $19.5M | 1 | |
| Score 5.2 out of 10 | $91.6M | 1 | |
| Score 5.2 out of 10 | $17.7M | 2 | |
| Score 5.0 out of 10 | $4.43M | 1 |
Ranked
Top Hylo Protocol alternatives
- 1
MoneyOnChain
Dual Token Stablecoin · Rsk
Money On Chain offers a Bitcoin-backed stablecoin, leveraged Bitcoin exposure and governance tokens on Rootstock. It may suit self-custody users, but check the protocol’s risks and costs before moving funds.
ScoreScore 5.8 out of 10TVL $19.5M−4.0% - 2
fx Protocol
Dual Token Stablecoin · Ethereum
fx Protocol combines fxUSD, a dollar-pegged stablecoin, with leveraged ETH and BTC positions on Ethereum. Its rebalancing design may reduce liquidation risk, but you still face collateral, smart-contract and leverage risks—and the costs and current yields need checking before you deposit.
ScoreScore 5.2 out of 10TVL $91.6M−13.1% - 3
RIF ON CHAIN
Dual Token Stablecoin · Rsk, Arbitrum
RIF On Chain lets you mint USDRIF, a dollar-pegged stablecoin, and use RIF Pro for leveraged RIF exposure. The main checks before using it are contract risk, unclear costs and limited published detail about audits and collateral.
ScoreScore 5.2 out of 10TVL $17.7M−11.9% - 4
Djed Stablecoin
Dual Token Stablecoin · Cardano
Djed is a Cardano crypto-backed stablecoin protocol built around DJED and SHEN. Its mint-and-burn model is worth understanding, but check current redemption terms, fees and contract details before using it.
ScoreScore 5.0 out of 10TVL $4.43M−6.4%