Bangkok, Thailand, January 3rd, 2025,
Chainwire
Haedal Protocol, a platform specializing in
liquid staking solutions within the Sui blockchain ecosystem,
announced the completion of its seed funding round. The funding
round saw participation from leading investors, including Hashed,
Comma3 Ventures, OKX Ventures, Animoca Ventures, Sui Foundation,
Flow Traders, Dewhales Capital, Cetus, Scallop, and other
participating investors.
The newly raised funds will be allocated toward Haedal's liquid
staking infrastructure, enhancing on-chain earning products, and
advancing the long-term competitiveness of the Sui Network. Haedal
will utilize the funds to further enable scalable, user-friendly
financial solutions for the Sui ecosystem.
Haedal's flagship product, haSUI, is a liquid staking token
representing staked SUI tokens. Designed to combine staking rewards
with liquidity, haSUI enables users to earn while actively
participating in decentralized finance (DeFi) applications. With
over $200 million in Total Value Locked (TVL) and more than $150
million in liquidity circulating across decentralized exchanges and
DeFi protocols, haSUI is one of the most prominent liquid staking
tokens within the Sui ecosystem.
“This funding reflects a shift in the industry, where
liquidity, accessibility, and yield optimization are becoming
essential pillars for mainstream adoption,” said Luke Shi,
Co-founder of Haedal Protocol. “By building novel, yet usable
liquid staking solutions, we aim to empower users to unlock the
potential of their assets and contribute to the long-term growth of
the Sui ecosystem.”
Haedal's liquid staking platform employs an automated and
monitored validator selection process, ensuring optimal yields for
users. By offering one-click staking solutions without lockups, the
platform caters to both individual and institutional users,
lowering barriers to entry and encouraging broader adoption.
The protocol’s roadmap includes the launch of additional
products and integrations to expand haSUI's utility across the Sui
ecosystem. These efforts aim to prepare the platform for growing
demand from Web2 and Web3 users as blockchain adoption
accelerates.
About Haedal Protocol
Haedal Protocol is a liquid staking platform built on the Sui
blockchain, enabling users to stake SUI tokens and earn staking
rewards while maintaining liquidity through haSUI. With a focus on
ease of use and DeFi integration, Haedal Protocol contributes to
the growth and decentralization of the Sui Network.
Website | X | Discord
Contact
Co-founder
Luke
Shi
luke@haedal.xyz