#HaedalProtocol : a new player in the Liquid Staking space on Sui
Haedal Protocol is a new platform for liquid staking built on the Sui blockchain. It allows users to stake SUI and WAL tokens, receiving haSUI and haWAL respectively, which can be used in the DeFi ecosystem without losing liquidity.
Today, April 29, 2025, Haedal debuts on exchanges Binance Alpha, Bybit, and KuCoin. For Binance users with at least 80 Alpha Points, an airdrop of 356 HAEDAL is provided.
The total supply of $HAEDAL tokens is 1 billion, of which 19.5% is in circulation. The distribution includes 55% for ecosystem incentives, 20% for the team, 15% for investors, and 10% for liquidity.
Additionally, Haedal is conducting one of the largest airdrops in the Sui network, allocating 5% of the total supply for active users and partner communities.