Fúyīn chuándào zhě

一、核心概念详解
1. 内盘
· 本质：一个由项目方在上线前于私有环境（如测试网、封闭交易对）中构建的 “模拟市场”或“预售场”。
· 核心机制：
· 虚拟流动性池：项目方通过智能合约注入预设数量的代币和配对资产（如BNB、ETH），构成一个虚拟的流动性池。这个池子并非真实的去中心化交易所（DEX）主网池。
· 预设卖单：池子中的代币卖单数量、价格阶梯均由项目方预先设定和控制。
· 单向互动：早期参与者（买家）的买单，实质上是与这个由项目方完全控制的虚拟池进行交互，“吃掉”项目方预设的卖单。
· 目的：
· 测试与预热：在不正式上线的情况下，测试市场热度、社区兴趣和价格发现。
· 完成初始分发：以一种受控的方式，将一部分初始代币分配给早期支持者。
· 为外盘上线筹集初始真实流动性：销售所得的资金（配对资产）将用于在外盘建立真实的流动性池。
· 极高风险警示：
· 完全中心化控制：项目方可以随时修改规则、暂停交易或撤走虚拟流动性。
· “Rug Pull”温床：如果项目方无意真实上线，在内盘募集资金后可直接消失。
· 虚假繁荣：交易量和价格均由项目方预设，可能完全不能反映真实需求。
2. 打满
· 定义：指内盘中项目方预设的全部虚拟卖单已被买家购买完毕的状态。
· 关键意义：这是项目从内盘阶段转向外盘阶段的关键里程碑和承诺信号。一个负责任的项目会在“打满”后按计划进行迁移。
· 行动：“打满”后，项目方应利用内盘销售筹集到的配对资产（如BNB），加上对应比例的代币，在PancakeSwap、Uniswap等主流DEX上创建真实的、不可撤销的流动性池，并将流动性凭证（LP Tokens）锁定或销毁，以证明诚意。
3. 外盘
· 本质：指代币在主流去中心化交易所（DEX）上创建的、真实的、公开的流动性池，即通常所说的“二级市场”。
· 核心特征：
· 真实流动性：池子中的资产由项目方和社区用户共同提供，并锁定在公开的智能合约中。
· 自由交易：任何人（而不仅是早期参与者）都可以在此进行买卖，价格由市场供需实时决定。
· 相对透明：池子深度、锁仓情况、大额交易等数据可在链上公开查询（如通过DexTools、DeFiLlama）。
· 重要性：一个代币只有进入外盘阶段，才算真正完成了上市，开始了相对去中心化和市场化的交易。
---
二、风险识别与关键检查点
1. “打满”后的危险信号
· 延迟或不迁徙：项目方以各种理由拖延或取消将流动性迁移至外盘的计划。这是最直接的“Rug Pull”预警。
· 迁徙后内盘地址抛售：成功迁移到外盘后，原先参与内盘的地址（可能是项目方关联地址或早期巨鲸）立即大量抛售代币。这表明他们并无长期持有意愿，只是为了在内盘以低成本出货。
· 池子深度极浅：外盘流动性池的总价值过低（例如 < 1万美金）。这样的池子极易被大额交易操纵价格（拉盘或砸盘），普通用户面临极高滑点和被收割风险。
2. 内盘阶段的欺诈手法
· 假内盘/虚假交易：项目方使用多个自己控制的地址进行对倒交易，制造出“销售火爆”、“价格快速上涨”的假象，诱导不明真相的投资者FOMO入场接盘。
· 虚拟流动性占比过高：在所谓的“内盘”中，如果通过工具分析发现，超过70%的“流动性”或交易量都来源于少数几个可能受控的地址，则基本可以断定这是一个人为操纵的局。
总结与行动建议
· 认知升级：参与链上一级市场，必须理解 “内盘是受控的预售测试，外盘才是真实市场” 这一根本区别。
· 风险第一：将内盘参与视为极高风险投资，只投入你完全能承受损失的资金。
· 核心检查清单：
1. 项目方背景：团队是否匿名？是否有过往成功项目？社群沟通是否透明？
2. 合约审计：代币和销售合约是否经过知名安全公司审计？
3. 流动性计划：是否有明确、公开的“打满”后外盘迁移和LP锁定/销毁计划？
4. 实时监控：使用 DexScreener、DexTools、BSCScan/Etherscan 等工具，在购买前和购买后持续监控链上数据：池子创建、大额转账、LP锁仓地址、持币分布等。
5. 警惕FOMO：对于内盘出现的“秒光”、“暴涨”保持极度警惕，这很可能是人为制造的陷阱。
记住：在加密世界，尤其是在一级市场，你获得的超额收益，本质上是对你承担的风险（包括技术风险、欺诈风险和市场风险）的补偿。理解规则是控制风险的第一步。

2025 marked a pivotal year for @Haedal🦦 . What started as a focused liquid staking protocol evolved into what the team now calls “the ultimate place to stake and earn on Sui.” Rather than just minting LSTs, Haedal built a vertically integrated yield engine combining staking, trading-driven returns, automated liquidity provision, and native incentives into one cohesive system.
Here’s the full recap of how Haedal shipped, scaled, and delivered real results throughout the year.
Backed by conviction, not just capital
Haedal entered 2025 with strong institutional and strategic support from investors like Hashed, Comma3 Ventures, OKX Ventures, and Animoca Ventures. More than funding, these partners brought deep ecosystem expertise and long-term alignment around one thesis: unlocking staked liquidity is foundational for sustainable on-chain yield on Sui.

This foundation allowed the protocol to scale responsibly while pushing forward on product innovation, security architecture, and ecosystem integration.

Token launch & instant global reach

Haedal’s Token Generation Event was powered by one of the largest community airdrops in Sui history. HAEDAL launched with broad distribution from day one.

Post-TGE, the token quickly secured listings across major CeFi and DeFi exchanges, delivering strong liquidity and accessibility. HAEDAL became not just a governance/incentive asset, but a highly composable piece of Sui DeFi infrastructure.

HMM turning trading volume into real, organic yield

The launch of **Haedal Market Maker (HMM)** was one of the year’s standout innovations.

HMM captures value from high-frequency on-chain trading flows using oracle-aligned pricing and dynamic rebalancing. Upgrades like the Adaptive Fee model allow it to perform across different market regimes.

Real-world numbers speak clearly:

- **$1.5B+** in cumulative trading volume processed
- **$850K+** in yields generated — driven purely by organic flow (no heavy incentive subsidies)

These returns feed directly back into the Haedal ecosystem, boosting LST holders and creating a more sustainable yield flywheel.

Haedal Liquidity v2 — next-level on-chain LP infrastructure
What began as haeVault (automated LP vaults) evolved into **Haedal Liquidity**, a smarter, more programmable liquidity layer.

Version 2 introduced:

- Multi-pool, multi-position architecture
- “Breathing positions” that dynamically expand/contract with market conditions
- Native compatibility with DLMM (concentrated liquidity models)

The result: sophisticated LP strategies became accessible without manual complexity. Cumulative yields for liquidity providers exceeded **$2.1M** over the year.

Haedal Farm — incentives done right

Incentives weren’t an afterthought. **Haedal Farm** was built natively on top of liquidity positions and later fully merged into the Haedal Liquidity module.

Liquidity providers now earn simultaneously from:

- DEX trading fees
- Vault-level optimization & dynamic execution
- HAEDAL incentives

All layers compound without added friction.

Expanding LSTs: welcome haWAL

When Walrus Protocol launched, Haedal moved quickly — introducing haWAL, the first liquid staking token for WAL.

Today, **5M+ WAL** is actively staked via haWAL, effectively doubling the size of Haedal’s liquid staking economy and turning previously idle assets into productive DeFi collateral.

Security as a continuous system

Haedal treats security as an ongoing discipline:

- Multiple audits (CertiK, MoveBit, OtterSec)
- High test coverage at module level
- Active bug bounty program via HackenProof
- On-chain risk monitoring + Blockaid integration
- Formal verification of haSUI & haWAL smart contracts a first for liquid staking on Sui

Security scales with TVL and complexity.

2025 by the numbers

- 49M+ SUI + 5M+ WAL actively staked via haSUI & haWAL
- **2.1M+ SUI in staking rewards generated
- >85%** of minted LSTs actively circulating in Sui DeFi (high composability & capital efficiency)
- $1.5B+ trading volume via HMM → $850K+ organic yield
- $2.1M+ cumulative LP yields via Liquidity Vaults
- 960K+ unique users engaged across Haedal products

These aren’t vanity metrics they reflect real usage, productive capital, and deep embedding in the Sui ecosystem.

Looking ahead to 2026

With a battle-tested foundation, Haedal is doubling down:

- Further hardening core infrastructure
- Improving yield-capture efficiency in all market conditions
- Unlocking new on-chain return sources
- Cementing its position as the go-to place to stake and earn on Sui

2025 wasn’t about hype it was about quiet, deliberate building at scale.

2026 looks set to get much louder. $SUI $HAEDAL 🦦

#Sui #Haedal #DeFi #LiquidStaking #yield

2025 marked a pivotal year for @Haedal🦦 . What started as a focused liquid staking protocol evolved into what the team now calls “the ultimate place to stake and earn on Sui.” Rather than just minting LSTs, Haedal built a vertically integrated yield engine combining staking, trading-driven returns, automated liquidity provision, and native incentives into one cohesive system.
Here’s the full recap of how Haedal shipped, scaled, and delivered real results throughout the year.
Backed by conviction, not just capital
Haedal entered 2025 with strong institutional and strategic support from investors like Hashed, Comma3 Ventures, OKX Ventures, and Animoca Ventures. More than funding, these partners brought deep ecosystem expertise and long-term alignment around one thesis: unlocking staked liquidity is foundational for sustainable on-chain yield on Sui.

This foundation allowed the protocol to scale responsibly while pushing forward on product innovation, security architecture, and ecosystem integration.

Token launch & instant global reach

Haedal’s Token Generation Event was powered by one of the largest community airdrops in Sui history. HAEDAL launched with broad distribution from day one.

Post-TGE, the token quickly secured listings across major CeFi and DeFi exchanges, delivering strong liquidity and accessibility. HAEDAL became not just a governance/incentive asset, but a highly composable piece of Sui DeFi infrastructure.

HMM turning trading volume into real, organic yield

The launch of **Haedal Market Maker (HMM)** was one of the year’s standout innovations.

HMM captures value from high-frequency on-chain trading flows using oracle-aligned pricing and dynamic rebalancing. Upgrades like the Adaptive Fee model allow it to perform across different market regimes.

Real-world numbers speak clearly:

- **$1.5B+** in cumulative trading volume processed
- **$850K+** in yields generated — driven purely by organic flow (no heavy incentive subsidies)

These returns feed directly back into the Haedal ecosystem, boosting LST holders and creating a more sustainable yield flywheel.

Haedal Liquidity v2 — next-level on-chain LP infrastructure
What began as haeVault (automated LP vaults) evolved into **Haedal Liquidity**, a smarter, more programmable liquidity layer.

Version 2 introduced:

- Multi-pool, multi-position architecture
- “Breathing positions” that dynamically expand/contract with market conditions
- Native compatibility with DLMM (concentrated liquidity models)

The result: sophisticated LP strategies became accessible without manual complexity. Cumulative yields for liquidity providers exceeded **$2.1M** over the year.

Haedal Farm — incentives done right

Incentives weren’t an afterthought. **Haedal Farm** was built natively on top of liquidity positions and later fully merged into the Haedal Liquidity module.

Liquidity providers now earn simultaneously from:

- DEX trading fees
- Vault-level optimization & dynamic execution
- HAEDAL incentives

All layers compound without added friction.

Expanding LSTs: welcome haWAL

When Walrus Protocol launched, Haedal moved quickly — introducing haWAL, the first liquid staking token for WAL.

Today, **5M+ WAL** is actively staked via haWAL, effectively doubling the size of Haedal’s liquid staking economy and turning previously idle assets into productive DeFi collateral.

Security as a continuous system

Haedal treats security as an ongoing discipline:

- Multiple audits (CertiK, MoveBit, OtterSec)
- High test coverage at module level
- Active bug bounty program via HackenProof
- On-chain risk monitoring + Blockaid integration
- Formal verification of haSUI & haWAL smart contracts a first for liquid staking on Sui

Security scales with TVL and complexity.

2025 by the numbers

- 49M+ SUI + 5M+ WAL actively staked via haSUI & haWAL
- **2.1M+ SUI in staking rewards generated
- >85%** of minted LSTs actively circulating in Sui DeFi (high composability & capital efficiency)
- $1.5B+ trading volume via HMM → $850K+ organic yield
- $2.1M+ cumulative LP yields via Liquidity Vaults
- 960K+ unique users engaged across Haedal products

These aren’t vanity metrics they reflect real usage, productive capital, and deep embedding in the Sui ecosystem.

Looking ahead to 2026

With a battle-tested foundation, Haedal is doubling down:

- Further hardening core infrastructure
- Improving yield-capture efficiency in all market conditions
- Unlocking new on-chain return sources
- Cementing its position as the go-to place to stake and earn on Sui

2025 wasn’t about hype it was about quiet, deliberate building at scale.

2026 looks set to get much louder. $SUI $HAEDAL 🦦

#Sui #Haedal #DeFi #LiquidStaking #yield

2025 marked a pivotal year for @Haedal🦦 . What started as a focused liquid staking protocol evolved into what the team now calls “the ultimate place to stake and earn on Sui.” Rather than just minting LSTs, Haedal built a vertically integrated yield engine combining staking, trading-driven returns, automated liquidity provision, and native incentives into one cohesive system.
Here’s the full recap of how Haedal shipped, scaled, and delivered real results throughout the year.
Backed by conviction, not just capital
Haedal entered 2025 with strong institutional and strategic support from investors like Hashed, Comma3 Ventures, OKX Ventures, and Animoca Ventures. More than funding, these partners brought deep ecosystem expertise and long-term alignment around one thesis: unlocking staked liquidity is foundational for sustainable on-chain yield on Sui.

This foundation allowed the protocol to scale responsibly while pushing forward on product innovation, security architecture, and ecosystem integration.

Token launch & instant global reach

Haedal’s Token Generation Event was powered by one of the largest community airdrops in Sui history. HAEDAL launched with broad distribution from day one.

Post-TGE, the token quickly secured listings across major CeFi and DeFi exchanges, delivering strong liquidity and accessibility. HAEDAL became not just a governance/incentive asset, but a highly composable piece of Sui DeFi infrastructure.

HMM turning trading volume into real, organic yield

The launch of **Haedal Market Maker (HMM)** was one of the year’s standout innovations.

HMM captures value from high-frequency on-chain trading flows using oracle-aligned pricing and dynamic rebalancing. Upgrades like the Adaptive Fee model allow it to perform across different market regimes.

Real-world numbers speak clearly:

- **$1.5B+** in cumulative trading volume processed
- **$850K+** in yields generated — driven purely by organic flow (no heavy incentive subsidies)

These returns feed directly back into the Haedal ecosystem, boosting LST holders and creating a more sustainable yield flywheel.

Haedal Liquidity v2 — next-level on-chain LP infrastructure
What began as haeVault (automated LP vaults) evolved into **Haedal Liquidity**, a smarter, more programmable liquidity layer.

Version 2 introduced:

- Multi-pool, multi-position architecture
- “Breathing positions” that dynamically expand/contract with market conditions
- Native compatibility with DLMM (concentrated liquidity models)

The result: sophisticated LP strategies became accessible without manual complexity. Cumulative yields for liquidity providers exceeded **$2.1M** over the year.

Haedal Farm — incentives done right

Incentives weren’t an afterthought. **Haedal Farm** was built natively on top of liquidity positions and later fully merged into the Haedal Liquidity module.

Liquidity providers now earn simultaneously from:

- DEX trading fees
- Vault-level optimization & dynamic execution
- HAEDAL incentives

All layers compound without added friction.

Expanding LSTs: welcome haWAL

When Walrus Protocol launched, Haedal moved quickly — introducing haWAL, the first liquid staking token for WAL.

Today, **5M+ WAL** is actively staked via haWAL, effectively doubling the size of Haedal’s liquid staking economy and turning previously idle assets into productive DeFi collateral.

Security as a continuous system

Haedal treats security as an ongoing discipline:

- Multiple audits (CertiK, MoveBit, OtterSec)
- High test coverage at module level
- Active bug bounty program via HackenProof
- On-chain risk monitoring + Blockaid integration
- Formal verification of haSUI & haWAL smart contracts a first for liquid staking on Sui

Security scales with TVL and complexity.

2025 by the numbers

- 49M+ SUI + 5M+ WAL actively staked via haSUI & haWAL
- **2.1M+ SUI in staking rewards generated
- >85%** of minted LSTs actively circulating in Sui DeFi (high composability & capital efficiency)
- $1.5B+ trading volume via HMM → $850K+ organic yield
- $2.1M+ cumulative LP yields via Liquidity Vaults
- 960K+ unique users engaged across Haedal products

These aren’t vanity metrics they reflect real usage, productive capital, and deep embedding in the Sui ecosystem.

Looking ahead to 2026

With a battle-tested foundation, Haedal is doubling down:

- Further hardening core infrastructure
- Improving yield-capture efficiency in all market conditions
- Unlocking new on-chain return sources
- Cementing its position as the go-to place to stake and earn on Sui

2025 wasn’t about hype it was about quiet, deliberate building at scale.

2026 looks set to get much louder. $SUI $HAEDAL 🦦

#Sui #Haedal #DeFi #LiquidStaking #yield

2025 marked a pivotal year for @Haedal🦦 . What started as a focused liquid staking protocol evolved into what the team now calls “the ultimate place to stake and earn on Sui.” Rather than just minting LSTs, Haedal built a vertically integrated yield engine combining staking, trading-driven returns, automated liquidity provision, and native incentives into one cohesive system.
Here’s the full recap of how Haedal shipped, scaled, and delivered real results throughout the year.
Backed by conviction, not just capital
Haedal entered 2025 with strong institutional and strategic support from investors like Hashed, Comma3 Ventures, OKX Ventures, and Animoca Ventures. More than funding, these partners brought deep ecosystem expertise and long-term alignment around one thesis: unlocking staked liquidity is foundational for sustainable on-chain yield on Sui.

This foundation allowed the protocol to scale responsibly while pushing forward on product innovation, security architecture, and ecosystem integration.

Token launch & instant global reach

Haedal’s Token Generation Event was powered by one of the largest community airdrops in Sui history. HAEDAL launched with broad distribution from day one.

Post-TGE, the token quickly secured listings across major CeFi and DeFi exchanges, delivering strong liquidity and accessibility. HAEDAL became not just a governance/incentive asset, but a highly composable piece of Sui DeFi infrastructure.

HMM turning trading volume into real, organic yield

The launch of **Haedal Market Maker (HMM)** was one of the year’s standout innovations.

HMM captures value from high-frequency on-chain trading flows using oracle-aligned pricing and dynamic rebalancing. Upgrades like the Adaptive Fee model allow it to perform across different market regimes.

Real-world numbers speak clearly:

- **$1.5B+** in cumulative trading volume processed
- **$850K+** in yields generated — driven purely by organic flow (no heavy incentive subsidies)

These returns feed directly back into the Haedal ecosystem, boosting LST holders and creating a more sustainable yield flywheel.

Haedal Liquidity v2 — next-level on-chain LP infrastructure
What began as haeVault (automated LP vaults) evolved into **Haedal Liquidity**, a smarter, more programmable liquidity layer.

Version 2 introduced:

- Multi-pool, multi-position architecture
- “Breathing positions” that dynamically expand/contract with market conditions
- Native compatibility with DLMM (concentrated liquidity models)

The result: sophisticated LP strategies became accessible without manual complexity. Cumulative yields for liquidity providers exceeded **$2.1M** over the year.

Haedal Farm — incentives done right

Incentives weren’t an afterthought. **Haedal Farm** was built natively on top of liquidity positions and later fully merged into the Haedal Liquidity module.

Liquidity providers now earn simultaneously from:

- DEX trading fees
- Vault-level optimization & dynamic execution
- HAEDAL incentives

All layers compound without added friction.

Expanding LSTs: welcome haWAL

When Walrus Protocol launched, Haedal moved quickly — introducing haWAL, the first liquid staking token for WAL.

Today, **5M+ WAL** is actively staked via haWAL, effectively doubling the size of Haedal’s liquid staking economy and turning previously idle assets into productive DeFi collateral.

Security as a continuous system

Haedal treats security as an ongoing discipline:

- Multiple audits (CertiK, MoveBit, OtterSec)
- High test coverage at module level
- Active bug bounty program via HackenProof
- On-chain risk monitoring + Blockaid integration
- Formal verification of haSUI & haWAL smart contracts a first for liquid staking on Sui

Security scales with TVL and complexity.

2025 by the numbers

- 49M+ SUI + 5M+ WAL actively staked via haSUI & haWAL
- **2.1M+ SUI in staking rewards generated
- >85%** of minted LSTs actively circulating in Sui DeFi (high composability & capital efficiency)
- $1.5B+ trading volume via HMM → $850K+ organic yield
- $2.1M+ cumulative LP yields via Liquidity Vaults
- 960K+ unique users engaged across Haedal products

These aren’t vanity metrics they reflect real usage, productive capital, and deep embedding in the Sui ecosystem.

Looking ahead to 2026

With a battle-tested foundation, Haedal is doubling down:

- Further hardening core infrastructure
- Improving yield-capture efficiency in all market conditions
- Unlocking new on-chain return sources
- Cementing its position as the go-to place to stake and earn on Sui

2025 wasn’t about hype it was about quiet, deliberate building at scale.

2026 looks set to get much louder. $SUI $HAEDAL 🦦

#Sui #Haedal #DeFi #LiquidStaking #yield

2025 marked a pivotal year for @Haedal🦦 . What started as a focused liquid staking protocol evolved into what the team now calls “the ultimate place to stake and earn on Sui.” Rather than just minting LSTs, Haedal built a vertically integrated yield engine combining staking, trading-driven returns, automated liquidity provision, and native incentives into one cohesive system.
Here’s the full recap of how Haedal shipped, scaled, and delivered real results throughout the year.
Backed by conviction, not just capital
Haedal entered 2025 with strong institutional and strategic support from investors like Hashed, Comma3 Ventures, OKX Ventures, and Animoca Ventures. More than funding, these partners brought deep ecosystem expertise and long-term alignment around one thesis: unlocking staked liquidity is foundational for sustainable on-chain yield on Sui.

This foundation allowed the protocol to scale responsibly while pushing forward on product innovation, security architecture, and ecosystem integration.

Token launch & instant global reach

Haedal’s Token Generation Event was powered by one of the largest community airdrops in Sui history. HAEDAL launched with broad distribution from day one.

Post-TGE, the token quickly secured listings across major CeFi and DeFi exchanges, delivering strong liquidity and accessibility. HAEDAL became not just a governance/incentive asset, but a highly composable piece of Sui DeFi infrastructure.

HMM turning trading volume into real, organic yield

The launch of **Haedal Market Maker (HMM)** was one of the year’s standout innovations.

HMM captures value from high-frequency on-chain trading flows using oracle-aligned pricing and dynamic rebalancing. Upgrades like the Adaptive Fee model allow it to perform across different market regimes.

Real-world numbers speak clearly:

- **$1.5B+** in cumulative trading volume processed
- **$850K+** in yields generated — driven purely by organic flow (no heavy incentive subsidies)

These returns feed directly back into the Haedal ecosystem, boosting LST holders and creating a more sustainable yield flywheel.

Haedal Liquidity v2 — next-level on-chain LP infrastructure
What began as haeVault (automated LP vaults) evolved into **Haedal Liquidity**, a smarter, more programmable liquidity layer.

Version 2 introduced:

- Multi-pool, multi-position architecture
- “Breathing positions” that dynamically expand/contract with market conditions
- Native compatibility with DLMM (concentrated liquidity models)

The result: sophisticated LP strategies became accessible without manual complexity. Cumulative yields for liquidity providers exceeded **$2.1M** over the year.

Haedal Farm — incentives done right

Incentives weren’t an afterthought. **Haedal Farm** was built natively on top of liquidity positions and later fully merged into the Haedal Liquidity module.

Liquidity providers now earn simultaneously from:

- DEX trading fees
- Vault-level optimization & dynamic execution
- HAEDAL incentives

All layers compound without added friction.

Expanding LSTs: welcome haWAL

When Walrus Protocol launched, Haedal moved quickly — introducing haWAL, the first liquid staking token for WAL.

Today, **5M+ WAL** is actively staked via haWAL, effectively doubling the size of Haedal’s liquid staking economy and turning previously idle assets into productive DeFi collateral.

Security as a continuous system

Haedal treats security as an ongoing discipline:

- Multiple audits (CertiK, MoveBit, OtterSec)
- High test coverage at module level
- Active bug bounty program via HackenProof
- On-chain risk monitoring + Blockaid integration
- Formal verification of haSUI & haWAL smart contracts a first for liquid staking on Sui

Security scales with TVL and complexity.

2025 by the numbers

- 49M+ SUI + 5M+ WAL actively staked via haSUI & haWAL
- **2.1M+ SUI in staking rewards generated
- >85%** of minted LSTs actively circulating in Sui DeFi (high composability & capital efficiency)
- $1.5B+ trading volume via HMM → $850K+ organic yield
- $2.1M+ cumulative LP yields via Liquidity Vaults
- 960K+ unique users engaged across Haedal products

These aren’t vanity metrics they reflect real usage, productive capital, and deep embedding in the Sui ecosystem.

Looking ahead to 2026

With a battle-tested foundation, Haedal is doubling down:

- Further hardening core infrastructure
- Improving yield-capture efficiency in all market conditions
- Unlocking new on-chain return sources
- Cementing its position as the go-to place to stake and earn on Sui

2025 wasn’t about hype it was about quiet, deliberate building at scale.

2026 looks set to get much louder. $SUI $HAEDAL 🦦

#Sui #Haedal #DeFi #LiquidStaking #yield