$HAEDAL
refers to the trading pair for Haedal Protocol (HAEDAL) against Tether (USDT). Haedal Protocol is a liquid staking protocol built on the Sui blockchain.
Here's a summary of the information found:
What is Haedal Protocol (HAEDAL)?
* Haedal Protocol is a decentralized finance (DeFi) platform on the Sui blockchain.
* It focuses on liquid staking, allowing users to stake their SUI tokens to secure the blockchain and receive liquid staking tokens (LSTs) called haSUI.
* haSUI tokens can then be used in other DeFi services and activities, optimizing capital use and yield potential.
* Haedal also utilizes a Haedal Market Maker (HMM) model to optimize liquidity for haSUI and other assets.
* HAEDAL is the native governance token of the Haedal Protocol, with a total supply of 1 billion units and a 7-year release schedule. Users can lock HAEDAL to receive veHAEDAL for governance and staking rewards.
Price and Market Information (as of July 19, 2025):
* The current price of HAEDAL is around $0.16 to $0.21 USDT, though it has experienced significant volatility.
* Its all-time high price was approximately $0.30 USDT, and its all-time low was around $0.08 USDT.
* The market cap of Haedal Protocol is currently around $32.69M - $46.92M USD, with a circulating supply of approximately 195M - 212.5M HAEDAL.
* HAEDAL has seen positive price changes over the past week, month, and year, but has experienced a recent daily drop.
* It is traded on various exchanges, including Bybit, KuCoin, and Bitget, and is also listed on Binance.
Important Considerations:
* Volatility: HAEDAL, like many cryptocurrencies, is subject to high market risk and volatility.
* Scam Warnings: There have been isolated reports of scam-like activity asriskssociated with the $HAEDAL token on platforms like Binance Square, with one user claiming "scammers" stole their friend's account. This highlights the importance of caution and due diligence.
* Technical Analysis: Traders are discussing various technical patterns, including inverse head and shoulders, falling