Performances
RD Popularity Index
RD Growth Index
| 1h | 24h | 7d | 30d | 60d | 90d |
|---|---|---|---|---|---|
| 0.27% | 3.48% | 8.17% | 7.96% | 0.46% | 12.33% |
Revenue & Burn
Protocol income
$28.65KBuyback funds
$0Burn funds
--Buyback ratio
0.0%Protocol funds over time
Monthly amounts & ratios
| Period | Protocol income | Buyback funds | Burn funds | Buyback ratio |
|---|---|---|---|---|
| Oct 2026 | $28.65K | $0 | -- | 0.0% |
| Sep 2026 | $41.15K | $0 | -- | 0.0% |
| Aug 2026 | $32.5K | -- | -- | -- |
| Jul 2026 | $37.03K | -- | -- | -- |
| Jun 2026 | $47.97K | -- | -- | -- |
| May 2026 | $60.51K | -- | -- | -- |
Comparison
Tokenomics
Unlock Progress
Based on CoinMarketCap data, Current Unlock Rate for HAEDAL: 54.17%
Unlock Event
| Date | Unlocked Token Amount | Unlocked M.Cap | M.Cap (%) | Allocation |
|---|---|---|---|---|
| Oct 29, 2026 | 8.33M HAEDAL | $149.28K | 1.54% | 1 Allocation |
| Nov 29, 2026 | 8.33M HAEDAL | $149.28K | 1.54% | 1 Allocation |
| Dec 29, 2026 | 8.33M HAEDAL | $149.28K | 1.54% | 1 Allocation |
Top Holders
| Address | Token | Quantity | Percentage | Value |
|---|---|---|---|---|
| Binance 8 (acec) |   HAEDAL | 38,201,691.48 | 3.82% | $684.36K |
| Binance 28 (efcb) | HAEDAL | 17,567,530.12 | 1.76% | $314.71K |
| 0x8063...f672 | HAEDAL | 4,464,069.14 | 0.45% | $79.97K |
Open Markets
| # | Exchange | Pair | Price | +2% depth | -2% depth | Volume (24h) | volume % |
|---|---|---|---|---|---|---|---|
| 1 | BBinanceCEX | HAEDAL/USDT | $0.01802 | $31,149 | $31,500 | $129,531 | 13.27% |
| 2 | BBithumbCEX | HAEDAL/KRW | $0.0181 | $9,375 | $4,788 | $106,076 | 10.86% |
| 3 | BBitunixDEX | HAEDAL/USDT | $0.01802 | $28,323 | $34,596 | $70,288 | 7.20% |
| 4 | TToobitDEX | HAEDAL/USDT | $0.01802 | $24,482 | $27,164 | $65,653 | 6.72% |
| 5 | MMEXCCEX | HAEDAL/USDT | $0.018 | $13,975 | $17,601 | $52,865 | 5.41% |
| 6 | HHibtDEX | HAEDAL/USDT | $0.018 | $3,317 | $13,599 | $51,846 | 5.31% |
| 7 | CCofinexDEX | HAEDAL/USDT | $0.018 | $19,705 | $25,804 | $50,016 | 5.12% |
| 8 | WWhiteBITDEX | HAEDAL/USDT | $0.01804 | $5,514 | $4,406 | $49,347 | 5.05% |
| 9 | LLBankDEX | HAEDAL/USDT | $0.01801 | $19,180 | $28,895 | $44,946 | 4.60% |
| 10 | BBYDFiDEX | HAEDAL/USDT | $0.018 | -- | -- | $43,082 | 4.41% |
Follow Updates
Follow Lists
People
About Haedal
Haedal is a liquid staking protocol on Sui. Users stake SUI or WAL and receive haSUI or haWAL, which remain usable in DeFi. Its core business includes liquid staking, an oracle-based AMM (HMM), a vault product, and veHAEDAL governance. The main pain point it addresses is the opportunity cost of locked staked assets. By issuing liquid staking tokens, it unlocks liquidity for lending, trading, and yield farming. Its competitive edge lies in an integrated ecosystem: HMM generates revenue that subsidizes yields and funds token buybacks, while haeVault offers automated strategies. In the past six months (2026-03-02 to 2026-09-02), the protocol suffered a major security incident. On 2026-06-09, Haedal Vault was exploited via a cross-version AUM mismatch, causing a direct loss of approximately $915,000. The team paused contracts and the foundation promised full compensation. The token price dropped 21% that day, and haSUI briefly depegged due to pool slippage. Prior to this, in May 2025, Haedal had proactively paused haeVault when Cetus was hacked, as a defensive measure. As of the report date, HAEDAL trades around $0.0151, only 6.9% above its all-time low set eight days earlier. Despite the setbacks, core staking TVL remains in the tens of millions of dollars, and the protocol still controls over 60% of Sui's liquid staking market. However, token unlocks remain a concern: only 22-32% of the total supply is circulating, and monthly unlocks may add selling pressure.
Haedal, a liquid staking protocol on Sui, has progressed through several key milestones. Its tokenomics were released with a total supply of 1 billion and an initial circulation of 19.5%, followed by the launch of an airdrop query page and subsequent claim opening. The protocol gained significant exchange traction with listings on Binance Alpha, Binance HODLer Airdrop, and perpetual contracts, alongside Upbit and Bithumb trading pairs. A notable risk event occurred when Haedal's Vault pool experienced an abnormal liquidity decrease, leading to a suspension of relevant contracts for investigation. These events highlight both its market expansion and the operational challenges inherent in DeFi protocols.
Bullish:
After the Vault security incident, Haedal fully compensated users (100% of $915,179) and restarted Vaults with new asset pools, restoring user trust.
Haedal launched PropAMM, a proprietary market-making engine, to capture on-chain volatility and generate sustainable protocol revenue.
Bearish:
The Vault security incident caused ~$915,179 in direct losses, a negative event despite full compensation.
Ongoing token unlocks: ~55% of supply remains locked, with investor and team unlocks continuing through late 2027, adding ~2-3% of total supply to circulation monthly.
Value capture remains opaque; HAEDAL functions more as a governance token than a cash-flow asset.
Luke Shi (Co-founder, also known as Luke): BSc in Computer Science from Tsinghua University and Msc in Computer Science from Peking University; former Tech Lead at Meta and Team Lead at Financial Engines; now Co-founder of Haedal, a Sui liquid staking protocol.
Lunaria (Head of BD): Currently Head of BD at Haedal; previously worked on BD for Sui DeFi project Node_Z; based in Taipei, focusing on Sui ecosystem DeFi expansion.