Sui Eco Liquid Staking Protocol Haedal: A Combination of Innovative Products and Strong Data

Haedal Protocol is emerging in the Sui ecosystem as a new star in the field of liquid staking. With the Sui staking market on the verge of takeoff, Haedal is gradually becoming the focus of DeFi investors due to its innovative products and outstanding performance. Here are several key aspects of Haedal that are worth noting:

The potential of the liquid staking market on the Sui network is enormous.

Currently, the staking market of the Sui network has not fully developed. The total value of staked SUI is approximately $307.48 million, with only 2% being liquid. In contrast, the liquid staking ratios of Solana and Ethereum networks are 10.1% and 30.5%, respectively. This indicates that there is significant growth potential for the Sui network in terms of liquid staking.

Haedal's Innovative Solutions

In response to the challenge of the relatively low staking annual yield (approximately 2.5%) of the Sui network, Haedal has proposed an innovative solution:

1. Dynamic Validator Selection Mechanism: Continuously optimizing staking rewards by real-time monitoring and selecting the best validating nodes.

2. Hae3 Framework: Includes three main components: HMM, HaeVault, and HaeDAO, significantly enhancing stake performance.

HMM: Optimize Liquidity, Enhance Returns

HMM (Haedal Market Maker) optimizes the liquidity of various decentralized exchanges on the Sui blockchain by combining oracle pricing and real-time market data. From February to March, its trading volume grew from $59.13 million to $284.15 million, generating $236,000 in fees. 50% of these earnings are used to enhance the annual yield of haSUI, increasing it from 2.58% to 3.21%.

HaeVault: Simplifying Liquidity Supply and Significantly Increasing Returns

HaeVault provides users with a simple way to manage idle funds and earn high returns. Taking the SUI-USDC trading pair as an example, HaeVault has achieved a net annualized return of 938%, far exceeding traditional platforms.

Deep Integration of the Hae3 Ecosystem

Haedal deeply integrates into the Sui DeFi ecosystem through the Hae3 framework, achieving synergy among various components:

• HMM captures exchange fee revenue
• Haedal treasury optimizes liquidity provider returns
• HaeDAO empowers users with governance decision-making rights.

This comprehensive ecosystem integration allows Haedal to stand out in the competition.

Diverse Applications of HAEDAL Token

HAEDAL tokens can not only be used to participate in HaeDAO governance but also enhance the annual yield of the treasury by locking them up. Additionally, potential airdrop opportunities provide extra appeal for token holders.

Strong Core Metrics

Haedal has performed exceptionally on several key metrics:

• TVL reached 117.36 million USD
• The number of daily active wallets exceeds 44,000.
• The number of holders has reached 794,000.

These data highlight Haedal's leading position in terms of trading volume, annualized return, and user scale.

Conclusion

Haedal Protocol is gradually establishing its leadership position in the Sui ecosystem with its innovative product design, strong market performance, and strategic positioning in high-growth markets. With the continuous development of the Sui network, Haedal is expected to become a leader in the liquid staking field.