Hidden Gem in the Sui Ecosystem: In-Depth Analysis of Haedal Protocol

Haedal Protocol, as a rising star in the field of liquid staking within the Sui ecosystem, is rapidly emerging. With the Sui staking market on the verge of takeoff, Haedal is gradually becoming a focal point for DeFi investors thanks to its innovative products and strong data. This article will delve into Haedal's investment value and its core advantages.

The Huge Potential of the Sui Network's Liquid Staking Market

Currently, the liquid staking market for the Sui network is still in its infancy. The total value of staked SUI is approximately $307.48 million, but only 2% is liquid. In comparison, 10.1% of staked SOL in the Solana network is liquid, while the Ethereum network reaches as high as 30.5%. This data indicates that there is significant growth potential in the liquid staking market of the Sui ecosystem.

Haedal's Innovative Mechanism

Haedal significantly improves the staking performance of the Sui network by adopting a dynamic validator selection mechanism and the innovative Hae3 framework. The Hae3 framework includes three core components: HMM, HaeVault, and HaeDAO.

1. HMM (Haedal Market Maker): Optimizes the liquidity of various DEXs on the Sui blockchain by combining oracle pricing and real-time market data, and collects transaction fees from it.

2. HaeVault: Simplifies the liquidity provision process for users, allowing them to easily deposit funds and obtain higher returns. Through ultra-narrow rebalancing strategies, HaeVault achieves significantly higher annualized returns than traditional platforms.

3. HaeDAO: Grants users governance decision-making power, further enhancing the decentralized characteristics of the ecosystem.

Excellent Market Performance

Since its launch on January 6, 2025, Haedal has quickly captured market share. Its daily trading volume has reached 5.69 million USD, equivalent to 6.12% of the trading volume of Sui ecosystem's largest DEX, Cetus Protocol. By adopting an oracle pricing mechanism, HMM is expected to further enhance its market competitiveness.

Strong Core Metrics

Haedal has performed exceptionally well on multiple key metrics:

• TVL reached $117.36 million, comparable to or leading other major protocols in the ecosystem.
• Daily active wallets exceed 44,000
• The number of holders has reached 794,000.

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

Investment Outlook

Haedal Protocol occupies a favorable position in the rapidly growing market. Considering that the liquidity staking penetration rate in the Sui ecosystem is only 2%, there is significant growth potential in the future. As the Sui ecosystem continues to expand, Haedal is expected to become an industry leader in the liquidity staking field.

In summary, the Haedal Protocol is gradually becoming an important force in the Sui ecosystem that cannot be ignored, thanks to its innovative product design, strong market performance, and enormous growth potential. For investors seeking high-potential DeFi projects, Haedal is undoubtedly a choice worth paying close attention to.