Haedal Protocol (HAEDAL) has rapidly emerged as a noteworthy player in the decentralized finance (DeFi) sector, particularly within the Sui blockchain ecosystem. Launched on April 29, 2025, across major exchanges such as Binance Alpha, KuCoin, Bybit, Gate.io, and OKX, the protocol has garnered significant attention for its innovative approach to liquid staking and its impressive early market performance .
🚀 Market Performance & Token Metrics
As of May 2, 2025, HAEDAL is trading at approximately $0.161, reflecting a 34.42% increase over the past 24 hours. The token boasts a market capitalization of around $31.39 million, with a 24-hour trading volume exceeding $176 million . Currently, 195 million HAEDAL tokens are in circulation, representing 19.5% of the total supply, which is capped at 1 billion tokens .
The token reached an all-time high of $0.174 on May 1, 2025, and is presently trading about 7% below that peak .
🔍 What Is Haedal Protocol?
Protocol is a DeFi platform that offers liquid staking solutions on the Sui blockchain. By enabling users to stake their assets while maintaining liquidity, Haedal enhances capital efficiency and provides users with the flexibility to engage in other financial activities without locking up their assets. The protocol’s native token, HAEDAL, serves multiple purposes, including governance, staking rewards, and transaction fees.
📈 Trading & Exchange Listings
HAEDAL has been listed on several prominent centralized exchanges (CEXs), including:
Bybit: HAEDAL/USDT pair
Bitget: HAEDAL/USDT pair
Gate.io: HAEDAL/USDT pair
Ourbit: HAEDAL/USDT pair
These listings have contributed to the token’s substantial trading volume and liquidity .
📊 Community Sentiment & Future Outlook
The Haedal community has shown strong support for the protocol, with a predominantly bullish sentiment observed across social media platforms. Analysts and investors are optimistic about Haedal’s potential to become a leading liquid staking solution within the Sui ecosystem, given its innovative features and early market success.
🔗 Key Resources
=Official Website: haedal.xyz
=Documentation: Haedal Protocol GitBook
=Blockchain Explorers:
=Suivision
=BscScan
=Audit Report: MoveBit Audit Report
