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REDDIT

Could Haedal Protocol Enhance Liquid Staking on Sui?

D
May 4, 2025 · 12:13

Haedal Protocol is a cutting-edge liquid staking platform built natively on the Sui Network. This innovative protocol aim to enable users to stake SUI and Walrus tokens with validators and earning consensus rewards while receiving haSUI or haWAL tokens, could this increase DeFi on Sui ecosystems.

These liquid staking tokens (LSTs) unlock liquidity, enabling users to participate in yield farming, trading, or other DeFi activities without locking up their assets. Haedal also enhances Sui’s governance and decentralization by securing the blockchain.

With innovative features like the Haedal Market Maker (HMM), which ranks as the third-largest AMM on Sui by trading volume, and upcoming products like haeVault, Haedal is poised to dominate the Sui DeFi space.

Recently listed on major exchanges like Bitget, the token price surge has been impressive as the 24-hour TV has exceed $150M with about $29m MC.

Could this increase Sui DeFi Space adoption.

[https://coinmarketcap.com/currencies/haedal-protocol/](https://coinmarketcap.com/currencies/haedal-protocol/)

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