{"version":1,"id":"haedal-protocol","title":"Haedal Protocol","summary":"Haedal Protocol is a liquid staking protocol on the Sui blockchain that lets users stake SUI and WAL for liquid-staking tokens and access on-chain yield strategies.","content":"**Haedal Protocol** is a liquid-staking and yield protocol built on the [Sui](https://iq.wiki/wiki/sui) [blockchain](https://iq.wiki/wiki/blockchain). It lets users stake SUI and WAL, and issues liquid-staking tokens called haTokens; its products also include automated vaults and other on-chain yield strategies.[\\[1\\]](#cite-id-prspkmhjlk)​[\\[2\\]](#cite-id-7dibkxkpsf)​\n\n## Overview\n\nHaedal Protocol has both Liquidity and Mechanism Markets. Users who stake SUI through Haedal receive haSUI, a liquid-staking token that can be used in other [decentralized finance](https://iq.wiki/wiki/defi) activities. Haedal’s documentation says SUI [staking](https://iq.wiki/wiki/staking) contributes to [Sui’s](https://iq.wiki/wiki/sui) governance and decentralization, while the liquid token lets users keep participating in other on-chain activities with their staked position.[\\[2\\]](#cite-id-7dibkxkpsf) The protocol also offers staking for WAL and describes its broader aim as improving capital efficiency through [liquid staking](https://iq.wiki/wiki/liquid-staking) and algorithmic yield strategies.[\\[1\\]](#cite-id-prspkmhjlk)​[\\[2\\]](#cite-id-7dibkxkpsf)​\n\nHaedal describes automated vaults as a way to seek additional yield alongside staking. Its documentation also describes “wingman” products, including Haedal Market Maker, as intended to generate on-chain yields for Haedal and its liquid-staking-token ecosystem.[\\[1\\]](#cite-id-prspkmhjlk)​[\\[2\\]](#cite-id-7dibkxkpsf) The protocol’s site lists a WAL-USDC vault.[\\[1\\]](#cite-id-prspkmhjlk)​\n\n## Products and Integrations\n\nHaedal expanded its products beyond [liquid staking](https://iq.wiki/wiki/liquid-staking) into liquidity and lending strategies. On December 29, 2025, it introduced Haedal Liquidity, evolving its former haeVault product into a liquidity product for strategies on [Sui](https://iq.wiki/wiki/sui) decentralized exchanges.[\\[3\\]](#cite-id-q4b1ioccbw) Haedal also introduced Haedal PropAMM, a proprietary automated market-maker algorithm described as seeking to capture on-chain volatility for strategy-driven liquidity.[\\[3\\]](#cite-id-q4b1ioccbw) A Haedal Lending Vault, introduced on September 22, was presented as a way to earn across Sui lending markets.[\\[3\\]](#cite-id-q4b1ioccbw)​\n\nOn November 5, Haedal announced support for [Scallop](https://iq.wiki/wiki/scallop) Wallet, allowing users to access Haedal products through the wallet, including SUI [staking](https://iq.wiki/wiki/staking) and deposits into lending vaults.[\\[4\\]](#cite-id-9clj6dsgu8) The announcement also referred to liquid staking, vaults, and other yield products.[\\[4\\]](#cite-id-9clj6dsgu8)​\n\n## Development and Ecosystem\n\nHaedal’s public GitHub organization includes repositories for a public market-maker contract, wallet and protocol interfaces, DeFiLlama adapters, and an audit report.[\\[5\\]](#cite-id-uz3zf41xyc) Its documentation frames the protocol as a combination of native [liquid staking](https://iq.wiki/wiki/liquid-staking) and yield strategies designed to make those opportunities accessible to users.[\\[2\\]](#cite-id-7dibkxkpsf)​\n\n## Tokenomics\n\nHaedal Protocol's native governance token, $HAEDAL, has a total supply of 1 billion tokens and operates on the [Sui](https://iq.wiki/wiki/sui) [blockchain](https://iq.wiki/wiki/blockchain). Its token allocation is divided into four categories: \n\n### Allocation\n\n* **Ecosystem Incentives:** 55% \n* **Liquidity Fund:** 10% \n* **Investors:** 15%\n* **Team and Advisors:** 20% \n\nInvestor allocations are subject to a six-month lock followed by 12 months of linear vesting, while team and advisor tokens have a 12-month lock followed by 24 months of linear vesting.\n\nThe protocol also uses veHAEDAL, a staking and governance mechanism obtained by locking HAEDAL tokens for periods ranging from one to 52 weeks. veHAEDAL holders can receive weekly staking rewards, increased farming incentives, and voting rights in Haedal [DAO](https://iq.wiki/wiki/dao) governance. The amount of veHAEDAL received depends on the lockup duration, with a maximum conversion ratio of 1:1 for a 52-week lock. Its balance decreases linearly throughout the locking period and reaches zero upon expiration, allowing users to withdraw their original HAEDAL tokens. [\\[7\\]](#cite-id-fwA3mNXHaRCSaYhC) [\\[6\\]](#cite-id-Mkm2hACaPzfd6Rgc) \n","categories":[{"id":"projects-and-protocols","title":"projects-and-protocols"}],"tags":[{"id":"DeFi"},{"id":"Infrastructure"}],"images":[{"id":"QmYE81Nkh8UnoDqr5kQQqx8x1P7qc8ihZkmYBZgUZWDKNp","type":"image/jpeg, image/png"}],"media":[],"metadata":[{"id":"references","value":"[{\"id\":\"prspkmhjlk\",\"description\":\"Haedal Protocol Website\",\"timestamp\":1794629948197,\"url\":\"https://www.haedal.xyz/\"},{\"id\":\"7dibkxkpsf\",\"description\":\"Haedal Protocol Github\",\"timestamp\":1794629953781,\"url\":\"https://haedal-protocol.gitbook.io/haedal-protocol-docs\"},{\"id\":\"q4b1ioccbw\",\"description\":\"Medium: Haedal Protocol\",\"timestamp\":1794629961996,\"url\":\"https://medium.com/@haedal\"},{\"id\":\"9clj6dsgu8\",\"url\":\"https://x.com/HaedalProtocol\",\"description\":\"Haedal Protocol on X\",\"timestamp\":1794629826312},{\"id\":\"uz3zf41xyc\",\"description\":\"Haedal GitHub Organization\",\"timestamp\":1794629968179,\"url\":\"https://github.com/haedallsd\"},{\"id\":\"Mkm2hACaPzfd6Rgc\",\"description\":\"Haedal Protocol Docs: What is veHAEDAL?\",\"timestamp\":1794630187832,\"url\":\"https://haedal-protocol.gitbook.io/haedal-protocol-docs/tokenomics/vehaedal\"},{\"id\":\"fwA3mNXHaRCSaYhC\",\"description\":\"Haedal Protocol Docs: HAEDAL Token Overview\",\"timestamp\":1794630209615,\"url\":\"https://haedal-protocol.gitbook.io/haedal-protocol-docs/tokenomics/haedal\"}]"},{"id":"twitter_profile","value":"https://x.com/HaedalProtocol"},{"id":"website","value":"https://www.haedal.xyz/"},{"id":"medium_profile","value":"https://medium.com/@haedal"},{"id":"discord_profile","value":"https://discord.com/invite/haedalprotocol"},{"id":"github_profile","value":"https://github.com/haedallsd"},{"id":"main-image-origin","value":"{\"imageId\":\"QmYE81Nkh8UnoDqr5kQQqx8x1P7qc8ihZkmYBZgUZWDKNp\",\"originalId\":\"QmYE81Nkh8UnoDqr5kQQqx8x1P7qc8ihZkmYBZgUZWDKNp\"}"},{"id":"commit-message","value":"Create Haedal Protocol wiki"}],"events":[{"type":"DEFAULT","title":"Haedal announced its airdrop","date":"2025-04-01","description":"Haedal announced an airdrop for its ecosystem.","link":null,"multiDateStart":null,"multiDateEnd":null,"id":"8898b0e6-c51d-46f5-a944-75a406f176b0"},{"type":"DEFAULT","title":"Haedal published tokenomics information","date":"2025-04-01","description":"Haedal published tokenomics information ahead of its token generation event.","link":null,"multiDateStart":null,"multiDateEnd":null,"id":"821118b3-7e9c-47fc-95cc-1c519733e3fd"},{"type":"DEFAULT","title":"Haedal announced the HAEDAL Buy Back Program","date":"2025-05-01","description":"Haedal announced its buyback program following ecosystem interest after the token generation event.","link":null,"multiDateStart":null,"multiDateEnd":null,"id":"00a94f3f-d85d-4572-910f-55cf604c9052"},{"type":"DEFAULT","title":"Haedal introduced Haedal Liquidity","date":"2025-12-01","description":"Haedal introduced Haedal Liquidity, evolving its haeVault product into a liquidity product for Sui DEX strategies.","link":null,"multiDateStart":null,"multiDateEnd":null,"id":"e619dd0b-e7bd-4013-b4c0-9d402099cc3d"}],"linkedWikis":{"founders":[],"blockchains":["sui"],"speakers":[]},"user":{"id":"0x8af7a19a26d8fbc48defb35aefb15ec8c407f889"},"author":{"id":"0x4a2bc97afbf41a2cbf4b4628f63420682ff4cf2a"},"language":"en","operator":{"id":"0x4a2bc97afbf41a2cbf4b4628f63420682ff4cf2a"}}