Haedal Protocol (HAEDAL) is an advanced liquidity staking protocol built on the Sui blockchain platform – a prominent Layer-1 network known for its high performance and low transaction costs. Launched in April 2025, Haedal quickly became one of the top DeFi projects in the Sui ecosystem, with a total value locked (TVL) nearing 200 million USD, leading the way in liquidity staking on this platform.
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🌊 Optimal liquidity staking solution
Haedal allows users to stake SUI tokens and receive haSUI – a token representing the staked assets. Unlike traditional staking, haSUI can be used in various DeFi applications, enabling users to earn staking rewards while also capitalizing on other profit opportunities in the DeFi ecosystem. The value of haSUI increases over time based on accumulated staking rewards, calculated by the formula:
haSUI Price = Total SUI staked / Total haSUI in circulation
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🧠 Diverse product ecosystem
Haedal not only offers liquidity staking services but also develops a range of complementary products to optimize returns and capital efficiency:
• HMM (Haedal Market Maker): A market-making mechanism that combines data from oracles and real-world markets to optimize liquidity on DEX exchanges within the Sui ecosystem. HMM charges a transaction fee of 0.04% and has helped increase the annual yield of haSUI from 2.58% to 3.21%.
• Hae3: A new technology framework aimed at extracting direct value from on-chain transaction flows, including components such as HMM, HaeVault, and HaeDAO, which help enhance profitability for users and the entire LST ecosystem.
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💰 HAEDAL Token and distribution mechanism
HAEDAL is the official governance token of the Haedal protocol, with a total supply of 1 billion tokens. The token allocation is designed to promote the sustainable development of the ecosystem:
• 55% allocated for ecosystem incentive programs, including rewards for users and partners.
• 10% allocated for the liquidity fund, supporting initial liquidity and strategic liquidity initiatives.
• 15% allocated for investors, with a lock-up period of 6 months and linear unlocking over the next 12 months.
• 20% allocated for the development team and advisors, with a lock-up period of 12 months and linear unlocking over the next 24 months.
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🚀 Investment and listing
Haedal completed its seed funding round on January 3, 2025, with participation from reputable investors such as Hashed, OKX Ventures, Animoca Brands, and the Sui Foundation. The HAEDAL token was listed on Binance on May 21, 2025, with trading pairs such as HAEDAL/USDT, HAEDAL/USDC, and HAEDAL/BNB.
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🌐 Conclusion
Haedal Protocol is reshaping the staking process on the Sui blockchain by providing a flexible liquidity staking solution deeply integrated into the DeFi ecosystem. With an experienced development team, support from leading investors, and a clear development roadmap, Haedal promises to become one of the main pillars in the Sui ecosystem and DeFi in general.
