HASUI Jumps 7.6%, Haedal’s TVL, Daily Active Wallets Outpace Rivals
Haedal (HASUI), a liquid staking protocol that allows users to stake their assets on the Sui blockchain, has experienced impressive growth over the past month. On-chain metrics show that Haedal’s daily active wallets and TVL have surpassed its major rivals (DeFi protocols) on the Sui network.
Haedal’s DAWs Flips Wave
Utility on the Haedal network has risen recently. According to today’s data, as posted in X, Haedal has jumped into third place among all DApps on the Sui network in terms of the number of 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! 🦦🦦 pic.twitter.com/ADg2RYey2r
— Haedal🦦 (@HaedalProtocol) March 7, 2025
Haedal is ranked the third position with 44,162 daily active wallets. It is behind Sui, which has 63,828 daily active wallets and Record, which currently controls 89,192 DAWs. As per the data, Haedal stands above Wave.
The surge in trading activity indicates that Haedal is attracting an increasing customer base, and more crypto users are showing interest in interacting with its ecosystem.
Data from DefiLlama also shows that Haedal is the fourth largest DeFi protocol on the Sui network in terms of TVL. Its TVL currently stands at $159.48 million, behind Cetus AMM’s $173.07 million, Navi protocol’s $350.06 million, and Suilend protocol’s $408.87 million.
Haedal price updates
HASUI is making an impressive market resurgence following substantial price decreases over the past month. The asset had witnessed a price decline of 21.5% and 19.8% over the past month and two weeks ago respectively. However, the asset recently experienced a breakout from the downtrend. Its price has been up 7.6% and 4.2% over the past seven days and 24 hours ago respectively.
While the wider digital asset market has been going through an increased volatility, Haedal’s recovery indicates that there could be unique factors supporting its remarkable performance. The major factors responsible for this uptrend lie in the increased activity in its ecosystem.
The key factor that triggered Haedal’s ongoing price recovery is the notable rise in activity on its liquid staking ecosystem. The data above shows that the number of monthly active addresses has increased and remains stable, showing positive investor sentiment toward the platform.
This shift signifies a wider trend toward DeFi applications, as more investors are looking for more control of their assets and trading activities. Metrics above indicate that Haedal’s DeFi ecosystem is seeing a rapid growth, indicated by the increase in TVL on its platform. This rise shows increased confidence in Haedal’s innovative offerings and future potential.
The growth in daily active addresses and TVL on Haedal’s suggest increased numbers of users are participating in the decentralized staking platform, which could contribute to the continued price upward movement for HASUI. As more users interact with Haedal’s platform, the crypto asset could experience sustained demand and uptrend.

Ravikash Gupta
2025/02/27 17:25
Ondo Finance Launches RWA Campaign on NAVI Protocol to Drive Adoption of USDY
Ondo Finance has launched a campaign on Sui’s NAVI Protocol to drive adoption of its yield-bearing stablecoin USDY.
Ondo Finance (ONDO) has launched a new campaign in collaboration with NAVI Protocol, aiming to encourage more people to use its stablecoin USDY, a tokenized US Treasury yield coin by Ondo Finance. Running from Feb. 26 to March 12, the initiative offers participants a chance to earn rewards by supplying liquidity for USD (depositing it into NAVI Protocol).
Participants earn points based on their liquidity contributions, making them eligible for a share of the rewards, which will be paid in NAVX and USDY. The campaign has a total reward pool of $35,000. The top 100 participants will share $10,000, while an additional $25,000 will be distributed among 2,500 more winners.
USDY is a special type of stablecoin created by Ondo Finance that earns daily interest. Unlike regular stablecoins like Tether (USDT) or USD Coin (USDC), which just hold their value, USDY is backed by US Treasury bills and bank deposits. Because it’s backed by yield-generating assets, it automatically generates yield for its holders. This effectively makes USDY an on-chain alternative to holding cash in a savings bank account or investing in money market funds.
Since USDY earns yield without requiring staking or locking, it’s becoming an attractive stablecoin alternative in DeFi as it allows users to earn yield without taking on crypto volatility risks. Since it operates on the blockchain, it can also be used in DeFi for lending and borrowing.
You might also like: US leadership in crypto: The focus is on stablecoins | Opinion
USDY was first introduced on the Sui blockchain in March 2024. Later, it was expanded to other networks, launching on the Cosmos ecosystem via Noble in July 2024, the Aptos blockchain in Dec. 2024, and Arbitrum (ARB) in August 2024. Earlier in Feb., USDY also launched on the Stellar (XLM) network in the coming months.
Apart from NAVI Protocol, several other protocols on Sui, namely Aftermath Finance, Cetus, Typus Finance, Bucket Protocol, Turbos, and KriyaDEX, have integrated USDY.
Among other DeFi platforms, USDY was integrated on BounceBit and Injective (INJ), offering users seamless exposure to USDY’s yields. Drift Protocol enabled users to use USDY as collateral for perpetual trading on Solana (SOL).
According to Coinmarketcap, as of Feb. 26, USDY has a market capitalization of around $382 million.
You might also like: US leadership in crypto: The focus is on stablecoins | Opinion

Cryptowitc
2024/11/24 13:50
two type of nitice yesterday i raed
Notice of delisting of 46 spot trading pairs on December 6, 2024
Dear Bitgetter,
Bitget is delisting a total of 46 trading pairs on December 6, 2024, 10:0 (UTC). Details are as follows:
1.Delisting spot trading pair(s): ARTFI/USDT,ARTY/USDT,ROOST/USDT,OFN/USDT,RUNESX/USDT,NAVI/USDT,DOPE/USDT,LAKE/USDT,REACH/USDT,WALV/USDT,ZAI/USDT,HLG/USDT,DMTR/USDT,BEFI/USDT,ASM/USDT,BBL/USDT,KOKO/USDT,SOPH/USDT,GBTC/USDT,UDS/USDT,ORBK/USDT,NAO/USDT,ATS/USDT,CAU/USDT,SORA/USDT,VIA/USDT,XDB/USDT,LITT/USDT,F3/USDT,DIS/USDT,GRPH/USDT,ROSX/USDT,TIME/USDT,COM/USDT,FAVR/USDT,VMINT/USDT,AINN/USDT,NVIR/USDT,PUSH/USDT,ZKB/USDT,TSUKA/USDT,CATGPT/USDT,ABT/USDT,WNXM/USDT,GMEE/USDT,EPIK/USDT
m i wrong

CRYPTOWORLD007
2024/11/02 09:53
➡️Weekly Update on Layer 1: Altcoin Decline Affects TVLs, but $SUI Shows Resilience
Contents
Key Takeaways
Layer-1 Ecosystem Roundup
Sui Chain Update
Latest Sui News
Key Takeaways
Layer-1 TVL Decline: Major Layer-1 networks, such as Solana and Tron, faced TVL declines due to the ongoing altcoin market downturn. Polygon and Hyperliquid, however, bucked the trend, each showing notable weekly growth in TVL.
Ethereum's Dominance: Ethereum continues to dominate the Layer-1 space, boasting a higher TVL than all other Layer-1 networks combined, even though it has relatively few active addresses.
Sui's Resilience: Sui's new liquid staking solution, SpringSui, has increased ecosystem TVL, though many of its meme tokens are struggling. One standout, "aaa cat" (AAA), rose 31.8% in value.
Aptos Updates: Aptos announced the addition of native USDT and plans for a 2024 DevCon event, aiming to strengthen community ties and foster development.
Market Surge: Bitcoin soared past $70,000, with Dogecoin spiking in value while other meme coins struggled. Ethereum announced a major upgrade, which is anticipated to impact the broader Layer-1 ecosystem.
Layer-1 Ecosystem Roundup
Over the past week, most major Layer-1 networks experienced a decline in TVL, largely due to a cooling altcoin market. Among the top 10 Layer-1 blockchains by TVL, only two—Polygon and Hyperliquid—achieved positive TVL growth. Polygon’s TVL grew by 9.1%, while Hyperliquid saw a 4.1% increase. Meanwhile, Solana and Tron experienced TVL drops of 7.2% and 3.3%, respectively.
Over the last month, however, nine out of ten Layer-1 chains have seen TVL growth, showing resilience despite recent short-term challenges.
Ethereum still leads in both TVL and protocol count, maintaining a TVL higher than all other Layer-1s combined, even with a comparatively smaller number of active addresses. Notably, Avalanche and Binance Smart Chain exhibit high market cap to TVL ratios (mCap/TVL), with Solana at 13.06 and Binance Smart Chain at 18.48, compared to Ethereum’s 6.31. This ratio provides insight into the perceived value of each network in relation to the locked value within its ecosystem.
Sui Chain Update
Sui has managed to withstand recent market fluctuations relatively well. The $SUI token, in particular, has gained 7.7% over the last week, setting it apart from many other altcoins that saw declines. Currently, SUI is close to breaking into the top 20 cryptocurrencies by market capitalization, trailing just $15 million behind Polkadot (DOT) and LEO Token (LEO).
While many Sui-related meme coins experienced losses, one exception was "aaa cat" (AAA), which posted a notable 31.8% gain. Other Sui ecosystem projects, including Cetus Protocol (CETUS) and NAVI Protocol (NAVX), also performed well, with weekly gains of 32.3% and 12.1%, respectively.
Sui News Roundup
This week brought several exciting developments within the Sui ecosystem:
SpringSui Launch by SuiLend: SuiLend introduced SpringSui, a new framework aimed at enhancing liquid staking within the Sui blockchain. This initiative is designed to boost liquidity and create more yield opportunities within Sui's DeFi ecosystem. As of this report, SpringSui has exceeded $10 million in TVL, underscoring growing interest in Sui's staking solutions.
Additional Updates: In addition to SpringSui, the Sui ecosystem has been expanding with new partnerships and integrations that are expected to drive further adoption. More DeFi projects are being built on Sui, leveraging its scalability and low transaction fees to attract users in both the DeFi and NFT sectors.
With significant upgrades across multiple Layer-1 chains and ongoing developments in the Sui and Aptos ecosystems, the Layer-1 landscape remains dynamic. As Ethereum's upgrade rolls out, the competition among Layer-1 networks is set to intensify, making it a key area for investors and developers to watch closely.