Haedal rose today by no less than 50% prior to the list on the Bithumb Exchange in South Korea.
According to Coingecko data, the fluid insert protocol Haedal (Haedal) came to an intraday height of $ 0.174 during Asia morning on 2 May, which marked more than 100% profit from his lows after launching. The market hairstyles hit $ 32 million and the daily trade volume climbed by 20% compared to the previous day and hit around $ 180 million.
The most important catalyst behind today’s move was Bithumb, a large crypto exchange in South Korea, who, who announced The addition of a WFD trading savings for the Haedal -Tokken set at 6:00 PM KST on Friday 2 May 2025.
This makes Bithumb the latest exchange to pick up Haedal, after previous offers on Binance AlphaBybit, Kucin and Mexc on April 29, shortly after the tokentameration event of Haedal and MAINNET launch on the same day. During the launch, the total Haedal -token stock was set at 1 billion.
Activity in the Haedal derivatives market was exhibited after the news was broken. Facts Van Coinglass shows the open interest in Haedal -Futures in just 24 hours of 210%, and $ 45 million exceeded. The financing percentage remained stable at 0.0050%, indicating that most traders cover bullish positions and bet that the rally will continue.
During the launch, Haedal protocol divided 5% of its total offer, or 50 million Haedal -Tokens, via an airdrop aimed at users who are active in its products and sui -eco system partnerships. Only a few hours later, however, the token price fell nearly 50% because many members of the community hurried to cash their airdropped tokens.
What is Haedal?
Haedal, founded in 2023, is a liquid insert protocol built on the Sui Blockchain. This allows users to set their sui tokens and receive hasui, a liquid, derivative of generating yield, so that they can continue to earn stretching rewards while participating in Defi activities.
The Haedal -token itself feeds the management of the protocol, setting up rewards, liquidity stimuli and costs for costs.
In January 2025 Haedal assured seed financing from top investors such as Hashed, OKX Ventures, Animoca Brands and the SUI Foundation to help its liquid infrastructure and Defi solutions on the SUI network.
Publication: This article does not represent investment advice. The content and materials on this page are only for educational purposes.