Binance has announced its 19th project on the HODLer Airdrops page—Haedal Protocol (HAEDAL), a pioneering liquidity staking protocol built on the Sui blockchain.
Users who locked BNB into Simple Earn products (Flexible and/or Locked) or On-Chain Yields from 00:00 on May 10, 2025, to 23:59 on May 13, 2025 (UTC) will be eligible for the airdrop. Detailed information about the HODLer Airdrops is expected to be announced within the next 5 hours, and HAEDAL tokens will be distributed to users’ Spot Accounts at least 1 hour before trading begins.
Binance will also officially list HAEDAL at 15:00 on May 21, 2025 (UTC), opening trading with pairs USDT, USDC, BNB, FDUSD, and TRY. HAEDAL tokens will be tagged with Seed Tag.
Details about HAEDAL HODLer Airdrops
- Token Name: Haedal Protocol (HAEDAL)
- Initial Total Supply: 1,000,000,000 HAEDAL
- Maximum Total Supply: 1,000,000,000 HAEDAL
- Airdrop Rewards: 30,000,000 HAEDAL (equivalent to 3% of the maximum total supply)
- Circulating Supply at Listing: 195,000,000 HAEDAL (19.5% of the maximum total supply)
- Smart Contract/Network Information:
- BNB Smart Chain: 0x3D9bE0aC1001cd81c32464276D863d2FFdCa4967
- SUI: 0x3a304c7feba2d819ea57c3542d68439ca2c386ba02159c740f7b406e592c62ea::haedal::HAEDAL
- Listing Fee: 0
- BNB Holding Limit: User’s average BNB holding / Total average BNB holding * 100% ≤ 4% (If the ratio exceeds 4%, the BNB holding rate will be calculated as 4%).
Related: Trading Volume on Binance Wallet Reaches 6 Billion USD Thanks to Binance Alpha
About Haedal Protocol (HAEDAL)
Haedal Protocol (HAEDAL) is a decentralized finance (DeFi) protocol built on the Sui blockchain, focusing on liquid staking. The protocol allows users to stake SUI tokens to participate in transaction validation and network governance, while receiving haSUI tokens—a type of liquidity staking token (LST) representing the staked SUI. haSUI can accrue profits over time and is used in other DeFi protocols to optimize returns, providing liquidity without locking capital like traditional staking.
Key Features of Haedal Protocol:
- Liquid Staking: Users stake SUI and receive haSUI, enabling them to earn staking rewards while participating in DeFi activities like providing liquidity on DEXs (Cetus, Turbos Finance) or lending/borrowing.
- haeVault: Offers optimized yield storage, helping investors maximize profits through smart strategies.
- Decentralized Governance: The haWAL token (and in some cases, HAEDAL) allows the community to participate in governance decisions, guiding the protocol’s development.
- Sui Ecosystem Integration: Haedal collaborates with major projects like Cetus, Navi Protocol, and Scallop, enhancing the flexibility and utility of haSUI within the ecosystem.
- Strong Performance: According to DefiLlama, Haedal leads the liquid staking sector on Sui with a TVL (Total Value Locked) of nearly $200 million as of April 2025.
