Haedal completed its Seed Round Fundraising on 2025-01-02.

The liquid staking protocol Haedal on the Sui network is rapidly rising, with a TVL of $117.36 million and a significant increase in volume. Through innovative dynamic validator selection and the HMM system, Haedal enhances staking rewards and liquidity, and is expected to lead the liquid staking market of the Sui ecosystem. Support from multiple venture capital firms further validates its development potential.

The Sui liquid staking hackathon has evaluated and announced six shortlisted projects, covering the liquid staking protocol and tools track. These projects include decentralized trading platforms, liquid staking protocols, and multisignature solutions, showcasing the innovative potential on the Sui network. Demo Day will be held on September 29, and the competition results will be announced on October 2.

The SUI public chain, driven by the Move language, is reshaping the public chain landscape in the development of Web3 technology. Compared to Aptos and Solana, SUI focuses on security and comprehensive ecosystem construction, achieving rapid user growth and diverse applications, gradually shifting from a high-performance chain to the goal of a programmable internet stack, laying the foundation for the widespread application of Blockchain in the future.

The finalists for the Sui liquid staking hackathon have been announced, with two tracks advancing six teams each to Demo Day. The projects cover DEXs, liquidity protocols, and DeFi tools, aimed at promoting the development of the Sui ecosystem. The judging results will be announced on October 2.

From "Fastest L1" to "Programmability Internet Stack": The underlying logic behind the value elevation of the SUI public chain. As the Web3 technology stack continues to evolve, smart contract languages are migrating from the Ethereum-dominated Solidity to the more secure and resource-abstraction-capable Move language. Move was initially developed by Meta for its cryptocurrency project Diem and features first-class resource handling and formal verification friendliness, making it an important language option for the underlying architecture of the new generation of public chains. In this evolutionary context, Aptos and SUI have become the dual core representatives of the Move ecosystem. Aptos was launched by the original Diem core team, continuing the native Move technology stack, emphasizing stability, security, and modular architecture; while SUI introduces object-oriented data structures and parallel execution mechanisms, forming a SUI Move branch with more performance breakthroughs and innovations in development paradigms, reconstructing on-chain resources.