Binance Launches $30 Million HAEDAL Airdrop for BNB Holders

Binance has introduced Haedal Protocol (HAEDAL) as the 19th project in its HODLer Airdrops program, marking a significant development in the liquid staking landscape on the Sui blockchain. This initiative aims to maximize staking rewards and enhance DeFi liquidity through innovative derivative products. The airdrop, worth $30 million, is designed to reward BNB holders who have subscribed to Simple Earn products, both Flexible and Locked, as well as On-Chain Yields products.

Haedal Protocol is a native liquid staking solution tailored for the Sui blockchain. It allows users to stake SUI and Walrus tokens with top validators, providing continuous consensus rewards and liquid staking tokens (LSTs) that can be utilized within DeFi ecosystems. The protocol's smart staking mechanism dynamically allocates stakes to the highest-performing validators on the Sui mainnet, withdrawing from underperformers to maximize the annual percentage rate (APR) for stakers. Additionally, Haedal's derivative product suite, known as Hae3, includes the Haedal Market Maker (HMM) and haeVault, which leverage trading flow on Sui to generate profits that subsidize staking yields and increase liquidity depth. Unlike some MEV-based solutions, Haedal focuses on profit generation through transaction fees without compromising user interests or decentralization.

Binance's HODLer Airdrops reward program distributes tokens retroactively to users holding BNB in Simple Earn and On-Chain Yields products. For HAEDAL, the snapshot period was from May 10 to May 13, 2025 (UTC). Eligible users will receive HAEDAL directly into their Binance Spot Accounts at least one hour before trading opens. The total max supply of HAEDAL is 1 billion tokens, with 30 million (3%) allocated for HODLer Airdrops. The circulating supply at listing will be 195 million tokens (19.5%). HAEDAL trading pairs include USDT, USDC, BNB, FDUSD, and TRY, starting from May 21, 2025, 15:00 UTC. Users must be in eligible jurisdictions and complete KYC verification to qualify, with certain countries excluded due to regulatory restrictions.

Beyond the airdrop, HAEDAL is fully integrated into Binance’s trading infrastructure. Users could trade HAEDAL on Binance Alpha before the official spot listing, facilitating early liquidity and price discovery. Once on spot markets, HAEDAL supports algorithmic trading and spot copy trading, enabling advanced trading strategies. Haedal’s HMM and haeVault products enhance liquidity and yield, making HAEDAL not just a staking token but a DeFi-native asset with active market-making strategies. Haedal has secured backing from major blockchain investors including Hashed, Comma3 Ventures, OKX Ventures, Animoca Ventures, Sui Foundation, and more, underscoring confidence in Haedal’s technical approach and market potential within the growing Sui ecosystem.

To participate in the HAEDAL HODLer Airdrops, users must subscribe BNB to Simple Earn or On-Chain Yields during the snapshot window and maintain an average balance. Rewards are proportional to the average BNB held, capped at a maximum 4% holding ratio for fairness. Users must confirm jurisdiction eligibility and complete Binance KYC requirements. HAEDAL tokens will appear in the user's Spot Account automatically before trading begins. This launch marks a significant milestone in liquid staking innovation on Sui, combining competitive APRs with dynamic DeFi strategies to empower stakers. Binance users holding BNB now have a lucrative opportunity to earn HAEDAL tokens while supporting the Sui blockchain’s decentralization and liquidity growth.