Haedal Protocol
- Company typePrivate
- Founded2024
- HeadquartersBangkok, Thailand
- Headcount1–10
- GTM typeB2C
- OfferingSoftware
Haedal Protocol firmographics
Firmographics- Name
- Haedal Protocol
- Legal name
- Haedal
- Website
- https://haedal.xyz
- Company type
- Private
- Founded year
- 2024
- Operating status
- Operating
- Headcount range
- 1–10 employees
- Ownership category
- akta.pro rank
Haedal Protocol industry classification
Industry- Product category
- Liquid Staking Protocol / DeFi Yield Infrastructure
- NAICS
- Financial Transactions Processing, Reserve, and Clearinghouse Activities (522320), Securities and Commodity Exchanges (52321), Securities and Commodity Exchanges (523210)
- SIC
- Security & Commodity Brokers, Dealers, Exchanges & Services (6200), Commodity Contracts Brokers & Dealers (6221), Security Brokers, Dealers & Flotation Companies (6211)
- akta.pro primary industry
- Liquid Staking & Restaking Protocols (FSADAMAE)
- akta.pro secondary industries
- Staking, Restaking & Liquid Staking Finance (LST/LRT, validator markets) (FSAPAEAH), Liquidity Management & Market-Making Protocols (FSADAMAH), DAO Treasury, Governance & On-Chain Finance Tools (FSADAMAL)
Keywords
Where Haedal Protocol is headquartered
LocationHeadquarters
- HQ city
- Bangkok
- HQ country
- Thailand
- HQ region
- Asia
Markets served
Haedal Protocol business model
Business model- GTM type
- B2C
- Offering type
- Software
- Cost components
- Technology or R&D, Infrastructure, Operations, Marketing or Sales, Personnel
Revenue model
- Staking Protocol Fees: Revenue generated from staking services on the Sui blockchain. Protocol likely captures a fee from staking rewards distributed to users.
- Vault Strategy Fees: Fees earned from automated vault strategies including HaeVault liquidity optimization. The protocol generates returns through market making and liquidity provision strategies.
Go-to-market motion2 records
Distribution channels3 records
Marketing channels5 records
Haedal Protocol product offering
Product offeringCore offering
Haedal Protocol is a liquid staking protocol on the Sui blockchain that lets users stake SUI and WAL tokens to receive liquid staking tokens (haSUI and haWAL), which can then be deployed across DeFi while continuing to earn staking rewards. It further provides an automated yield-optimization vault (haeVault), a token-lock governance product (veHAEDAL), and a modular DeFi framework (Hae3) combining automated market making, liquidity optimization, and decentralized governance for Sui DeFi participants.
Product overview
Haedal Protocol is a liquid staking platform and yield optimization suite on the Sui blockchain. It operates as a platform-plus-modules architecture centered on liquid staking (haSUI, haWAL tokens), an automated yield vault (haeVault), a governance token with lock mechanism (veHAEDAL), and a modular DeFi framework (Hae3) combining automated market making (HMM), liquidity optimization (haeVault), and decentralized governance (HaeDAO). The protocol's liquid staking token (haSUI/haWAL) is the foundational product that enables staked assets to remain liquid and deployable across DeFi, while haeVault and the Hae3 framework add yield maximization and governance layers on top.
Differentiator
Problem solved
Functional benefit
Brands
- Hae3: Framework combining HMM for market making, HaeVault for liquidity optimization, and HaeDAO for governance
- haSUI
- haWAL
- haeVault
- veHAEDAL
Products and services
- haSUI Liquid staking token issued by Haedal Protocol when users stake SUI on the protocol. haSUI represents the user's staked SUI position and accrues staking rewards while remaining liquid and usable across DeFi protocols, allowing users to earn base staking yield plus additional DeFi yield.
- haWAL Liquid staking token issued by Haedal Protocol when users stake WAL on the protocol. haWAL mirrors the haSUI mechanism by representing staked WAL and enabling the liquid staked WAL to be used across DeFi while continuing to accrue staking rewards.
- haeVault Automated liquidity optimization vault within the Hae3 framework that maximizes yield for deposited assets through market-making and liquidity-provision strategies. The haeVault for SUI-USDC pairs has achieved yields as high as 1117% APY and the DEEP-USDC haeVault offered 104.57% APY.
- veHAEDAL Locked HAEDAL token position offering enhanced yield rewards and governance power. Users lock HAEDAL into veHAEDAL to access boosted earnings and participate in protocol governance decisions through HaeDAO.
- Hae3 Framework Core modular framework of Haedal Protocol comprising HMM (automated market making), haeVault (liquidity optimization), and HaeDAO (decentralized governance), designed to capture growth in the Sui DeFi ecosystem through an integrated stack.
Quantifiable outcome
- 1117% APY on SUI-USDC vault pairs
- +3 more outcomes
Companies that use Haedal Protocol
Customer profileSegments2 records
Ideal customer profiles2 records
Haedal Protocol technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature6 records
Haedal Protocol partnerships and signals
Strategic signalPartnerships
Two partnerships are on record, tiered core.
- MovebitcoreSecurity audit firm that has audited Haedal Protocol. Listed under audit section alongside OtterSec for security verification.
- OtterSeccoreBlockchain security firm providing audit services for Haedal Protocol. Listed as security auditor alongside Movebit to verify protocol security.
Scale indicators6 records
Recent moves6 records
Expansion highlights5 records
Haedal Protocol competitors and assessment
Company assessmentDirect peers
- Marinade Finance: Leading liquid staking protocol on Solana offering mSOL, a direct analog to Haedal's haSUI. Comparable business model — staking native chain token, issuing LST, capturing protocol fees — making it the most relevant cross-chain comp.
- Jito Labs: Solana's largest liquid staking + MEV protocol issuing jitoSOL. Closely comparable to Haedal in combining liquid staking with yield enhancement from market-making/MEV flows; both target the same 'staking plus yield' user need.
- Stride: Leading liquid staking protocol in the Cosmos/IBC ecosystem issuing stTIA, stATOM, etc. Direct cross-chain analog — native liquid staking for a chain's base asset, with staking rewards redistributed to LST holders.
- Quicksilver: Cosmos liquid staking protocol issuing qAssets. Closely mirrors Haedal's liquid staking + multi-asset wrapper structure for an alternative L1 ecosystem.
- Rocket Pool: Decentralized Ethereum liquid staking protocol issuing rETH. Closely comparable in liquid staking mechanics, decentralized validator operation, and protocol-fee capture model.
Broad incumbents
- Lido Finance: Largest decentralized liquid staking protocol across multiple chains (Ethereum, Solana, Polygon). Sets the industry standard for LST mechanics and governance — the strategic ceiling and template that Haedal's model replicates on Sui.
Emerging players
- Cetus Protocol: Sui's leading concentrated-liquidity DEX and a Haedal ecosystem partner/investor. Comparable as Sui-native DeFi liquidity infrastructure and as a complementary layer Haedal's HaeVault routes through; also a potential substitute for some yield strategies.
- Scallop: Sui-native DeFi protocol offering lending and money markets; also a Haedal investor/partner. Comparable as a leading Sui DeFi building block targeting the same user base, though in lending rather than staking.
- Aftermath Finance: Sui-native DeFi platform offering liquid staking (afSUI) and perpetuals. Direct in-ecosystem competitor to Haedal for SUI liquid staking deposits on Sui.
- Suilend: Largest lending protocol on Sui, integrating liquid staking tokens (including haSUI) as collateral. Adjacent in-ecosystem DeFi primitive that benefits from Haedal's LST supply.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat4 records
Key risks6 records
Key highlights6 records
Customer concentration
Haedal Protocol social profiles
Digital presenceHaedal Protocol financial estimates
Financial estimateRevenue estimate
Valuation estimate
Haedal Protocol leadership team
Management profileNumber of profiles
Profiles1 record
Haedal Protocol funding detail
Funding detailFunding overview
Funding rounds1 record
Investors9 records
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Haedal Protocol M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Haedal Protocol
What does Haedal Protocol do?
Haedal Protocol is a liquid staking protocol on the Sui blockchain that lets users stake SUI and WAL tokens to receive liquid staking tokens (haSUI and haWAL), which can then be deployed across DeFi while continuing to earn staking rewards. It further provides an automated yield-optimization vault (haeVault), a token-lock governance product (veHAEDAL), and a modular DeFi framework (Hae3) combining automated market making, liquidity optimization, and decentralized governance for Sui DeFi participants.
Is Haedal Protocol a public or private company?
Haedal Protocol is a private company. It is classified as venture growth investor backed and is currently operating.
When was Haedal Protocol founded?
Haedal Protocol was founded in 2024. It employs 1 to 10 people.
Where is Haedal Protocol based?
Haedal Protocol is headquartered in Bangkok, Thailand, in the Asia region.
How does Haedal Protocol make money?
Two revenue lines are on record. Staking Protocol Fees are the primary driver. The others are vault Strategy Fees.
Who are Haedal Protocol's main competitors?
Direct peers on record are Marinade Finance, Jito Labs, Stride, Quicksilver and Rocket Pool. Lido Finance is listed as a broad incumbent. Emerging players are Cetus Protocol, Scallop, Aftermath Finance and Suilend.
Does Haedal Protocol have an API?
No public API is recorded for Haedal Protocol.
What industry is Haedal Protocol in?
Haedal Protocol's product category is Liquid Staking Protocol / DeFi Yield Infrastructure. Its primary akta.pro industry code is FSADAMAE, Liquid Staking & Restaking Protocols, with a secondary code of FSAPAEAH, Staking, Restaking & Liquid Staking Finance (LST/LRT, validator markets). Its NAICS code is 522320 and its SIC code is 6200.