What Haedal Protocol is
Haedal Protocol (HAEDAL) is a liquid-staking / restaking derivative token, currently ranked 523rd by market capitalization among the assets we track. Rather than locking assets to stake, holders of Haedal Protocol hold a liquid claim on a staked position. That claim earns yield and can be redeployed, which is why liquid-staking tokens became DeFi collateral staples.
Haedal Protocol (HAEDAL) is a decentralized protocol designed to facilitate secure financial transactions and enhance the efficiency of blockchain interactions. It aims to provide users with more control over their financial assets and data.
How the yield and peg work
Holding Haedal Protocol is holding staking yield in liquid form. The main risks are the staking provider's smart contracts and any divergence between the token's market price and the redeemable value of the stake.
Background & fundamentals
In sector terms it is most often filed under Sui Ecosystem, DeFi, and Liquid Staking Token (LST).
Where Haedal Protocol sits in the market
At $0.0213, Haedal Protocol carries a market capitalization of $4.16M. Around $4.06M changes hands across exchanges in a typical 24-hour window. That is a turnover of about 97.55% of the float — unusually high, the kind of churn that accompanies major news or speculative spikes.
Almost the entire HAEDAL supply is already in circulation (~100.0% of the 1B cap), so future dilution is effectively off the table. HAEDAL remains -93% beneath its all-time high of $0.2999, the kind of gap that historically takes a full cycle or a fresh catalyst to close.
What the price history shows
Recent moves read 24-hour +8.66%, 7-day -23.41%.
Volatility profile
Recent action puts Haedal Protocol in the Extreme-volatility band — it is in a high-volatility regime — these are the conditions where outsized gains and losses both become more likely.
How to evaluate a liquid-staking token like Haedal Protocol
A grounded read on HAEDAL comes down to three questions:
- Peg to underlying — whether HAEDAL trades close to the value of the stake it represents.
- Provider risk — the smart-contract and validator risk of the staking protocol behind HAEDAL.
- Yield and unlocks — the staking yield and how withdrawal queues behave under stress.
This page pulls live market data, on-chain stats where available, exchange-by-exchange volume, and our forecast model into one view so you can work through those questions in a single place. None of it is investment advice — it is a structured starting point for your own research.