Market Overview
Current Price: ~$0.1758 USD
Market Capitalization: ~$34.4 million USD
24h Trading Volume: ~$357 million USD
Circulating Supply: ~195 million HAEDAL
Max Supply: 1 billion $HAEDAL
Haedal Protocol is a liquid staking protocol built on the Sui blockchain, enabling users to stake SUI and receive haSUI – a yield-bearing token usable across DeFi applications. The protocol aims to optimize capital efficiency and enhance liquidity within the Sui ecosystem.
Recent Performance
Over the past 24 hours, HAEDAL has surged approximately 36.7%, fluctuating between $0.1271 and $0.2135. The current price is about 17% below its all-time high of $0.2135 reached on May 21, 2025.
Growth Drivers
Binance Listing:
HAEDAL was listed on Binance on May 21, 2025, with trading pairs including USDT, USDC, BNB, FDUSD, and TRY. This listing significantly boosted trading volume and token value.
BNB Holder Airdrop:
Binance distributed 30 million HAEDAL (3% of total supply) to users who staked BNB between May 10 and May 13, 2025, increasing interest in the project.
Sui Ecosystem:
Built on the Sui blockchain, Haedal Protocol leverages fast transaction speeds and low fees, attracting investors and DeFi users.
Conclusion
Haedal Protocol has rapidly emerged as a prominent liquid staking project on the Sui blockchain. With support from major exchanges and a growing user community, HAEDAL is poised for continued growth and a significant role in the DeFi ecosystem.