Binance has launched Haedal Protocol (HAEDAL) as the 19th project under its HODLer Airdrops program, distributing 30 million tokens to BNB holders who participated in Simple Earn and On-Chain Yields between May 10–13 (UTC).
HAEDAL is now live for spot trading on Binance with multiple trading pairs including USDT, USDC, BNB, FDUSD, and TRY.
Haedal introduces a liquid staking protocol tailored for the Sui blockchain, providing users with an accessible path to stake their SUI tokens without operating validator nodes. In return, users receive haSUI, a liquid staking token that maintains the utility of the staked asset within decentralized finance (DeFi) environments.
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A Closer Look at Haedal Protocol
Liquid staking aims to solve a common dilemma in proof-of-stake ecosystems: users must choose between locking tokens to support network validation or using them in DeFi applications. Haedal removes this trade-off by issuing haSUI as a staking receipt, which remains liquid and usable in yield-generating strategies.
Haedal’s system automatically delegates staked SUI to a curated set of high-performance validators on the Sui network. The platform manages redistribution and rebalancing to optimize yield and maintain network decentralization. This functionality allows users to contribute to the Sui consensus mechanism while still leveraging their assets in DeFi.
Beyond its core staking service, Haedal is expanding its suite of DeFi products, including a Market Maker module, designed to enhance liquidity and generate on-chain yields that benefit the broader liquid staking ecosystem.
Distribution and Trading Details
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Airdrop Distribution: 30,000,000 HAEDAL (3% of total supply)
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Circulating Supply at Launch: 195,000,000 HAEDAL (19.5%)
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Listing Time: May 21, 15:00 UTC
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Supported Trading Pairs: USDT, USDC, BNB, FDUSD, TRY
Binance has applied its Seed Tag to HAEDAL, identifying it as an early-stage token. Trading activity has moved from the Alpha Market to standard spot markets as of today’s listing.
The HODLer Airdrops Model
Binance’s HODLer Airdrops program enables passive token distribution to BNB holders, based on historical balance snapshots taken from Simple Earn and On-Chain Yields subscriptions. There is no manual claim process—users automatically receive rewards in their Spot Wallets when eligible.
With each round, the program introduces new projects to a broad user base while offering existing Binance users a low-friction way to engage with emerging blockchain protocols.
