What is Haedal?
Haedal stands as the leading liquid staking protocol on the Sui blockchain, offering users a seamless way to stake SUI and Walrus tokens for rewards while keeping their assets liquid through LSTs (Liquid Staking Tokens). Unlike traditional staking, Haedal lets you use your staked assets in DeFi activities, unlocking new opportunities to grow your wealth without losing flexibility.
Standout Features and Products
* Haedal Protocol is the 4th larget protocol of Sui & No.1 in Liquid Staking
No.1 in Liquid Staking
Haedal goes beyond basic staking with a powerful ecosystem of innovative tools:
Haedal Market Maker (HMM): An oracle-driven automated market-making system that optimizes capital and generates trading profits. These profits boost the APR (Annual Percentage Rate) for LST holders. HMM ranks as the 3rd largest AMM on Sui by daily trading volume.
haeVault: A game-changer that brings professional centralized exchange (CEX) market-making strategies to decentralized exchange (DEX) pools. It empowers everyday users to compete with expert trading teams and enjoy higher yields. So far, haeVault has attracted $7.2 million in TVL.
haeDAO: Lock your HAEDAL tokens into veHAEDAL to join the governance process, earn staking rewards, and amplify your yields. This fosters a decentralized, community-driven approach to Haedal’s growth.
Milestones That Matter
Haedal’s journey is marked by impressive achievements:
September 2023: Launched as the first liquid staking protocol on Sui’s mainnet.
October 2023: Took home the top prize at the Sui Liquid Staking Hackathon, proving its innovative edge.
January 2025: Secured seed funding from heavyweight investors like Hashed, OKX Ventures, and Sui Foundation.
April 2025: Held its Token Generation Event (TGE), listing HAEDAL on major exchanges like Binance, Bybit, and Gate.
Haedal on Binance
By the Numbers
Total Value Locked (TVL): $226.9 million, with haSUI leading at $208.6 million as the core product.
User Accounts: Over 880,000, reflecting Haedal’s widespread adoption on Sui.
HMM Trading Volume: Nearly $978 million, generating over $492,000 in fees.
The Road Ahead
Haedal isn’t just securing the Sui blockchain—it’s shaping its future. By enhancing yield performance and liquidity through tools like HMM and haeVault, Haedal is paving the way for a more accessible and profitable DeFi experience. Backed by top-tier investors and a clear vision, Haedal is set to remain a trailblazer in liquid staking on Sui.
Discover Haedal today and be part of the next wave of blockchain innovation. This article is for informational purposes only. The information provided is not investment advice
