Haedal (HASUI) Liquid Staking Protocol

Haedal (HASUI), a liquid staking protocol on the Sui blockchain, has shown remarkable growth over the past month, surpassing competitors in daily active wallets and total value locked (TVL).

Haedal’s DAWs Flips Wave

Utility on the Haedal network has surged recently. As of the latest data, Haedal ranks third among all DApps on the Sui network for daily active wallets (DAWs).

> 🎊 It’s fabulous! Today, #Haedal jumped to the 3rd place among all dApps on Sui by DAW (daily active wallet) and 1st place in DeFi. Thank you to our incredible community. It’s Haedal’s showtime! 🦦🦦
> — Haedal🦦 (@HaedalProtocol) March 7, 2025

Haedal hosts 44,162 daily active wallets, trailing behind Sui’s 63,828 and Record’s 89,192. The growing trading activity reflects Haedal’s expanding customer base and engagement within its ecosystem.

According to DefiLlama, Haedal is the fourth largest DeFi protocol on the Sui network, with a TVL of $159.48 million, following Cetus AMM, Navi protocol, and Suilend protocol.

Haedal Price Updates

HASUI is rebounding after significant prior price declines of 21.5% over the month and 19.8% over the last two weeks. Recently, it has broken free from a downtrend, climbing 7.6% over the past week and 4.2% in the last 24 hours.

Despite increased volatility in the overall digital asset market, Haedal’s recovery suggests unique factors driving its performance, mainly the rise in activity in its ecosystem.

The surge in monthly active addresses indicates positive investor sentiment. This trend highlights a broader movement toward DeFi applications, with more investors seeking control over their asset management.

The increase in Haedal’s daily active addresses and TVL hints that more users are engaging with the decentralized staking platform, likely supporting an ongoing upward trend in the price of HASUI. As user interaction grows, sustained demand for the crypto asset is probable.