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Haedal Protocol to Launch on KuCoin Spot Trading April 29

Coin WorldTuesday, Apr 29, 2025 2:58 am ET

1min read

KuCoin, a leading global cryptocurrency exchange, has announced the upcoming launch of Haedal Protocol (HAEDAL) on its Spot trading platform. The listing is scheduled for April 29, 2025, with trading for the HAEDAL/USDT pair set to begin at noon UTC. Users can already deposit HAEDAL through the sui network in preparation for the trading event.

Ahead of the official trading start, KuCoin will conduct a Call Auction from 11:00 to 12:00 UTC. This auction will allow users to participate in price discovery, helping to establish HAEDAL’s initial market price. Withdrawals for HAEDAL will be enabled starting at 10:00 UTC on April 30, providing users with the flexibility to manage their assets.

In addition to spot trading, the HAEDAL/USDT pair will be supported by various trading bots offered by KuCoin. These bots include Spot Grid, Infinity Grid, DCA (Dollar-Cost Averaging), Smart Rebalance, Spot Martingale, Spot Grid AI Plus, and AI Spot Trend. These tools are designed to automate trading strategies, capitalize on market fluctuations, and enhance potential returns for users.

Haedal Protocol is a liquid staking solution built on the Sui blockchain. It offers users a platform to stake their tokens and earn rewards in a seamless and secure environment. The protocol leverages Hae3 products, which generate revenue from Sui’s trading flow to support the entire liquid staking ecosystem. Liquid staking is a crucial component of decentralized finance (DeFi), allowing users to participate in staking without locking up their assets. This flexibility makes Haedal an attractive option for those seeking to maximize returns while maintaining liquidity.

The listing of Haedal on KuCoin is expected to significantly boost the project’s visibility to a global audience. KuCoin has a track record of providing a platform for new and innovative assets, with recent listings including Initia, Dolomite, Hyper, Domin, Zora, and Stakestone. This strategic expansion through new listings underscores KuCoin’s commitment to supporting the growth of the cryptocurrency ecosystem.

The addition of Haedal to KuCoin’s platform is part of a broader trend of decentralized finance and blockchain technology innovation. By offering liquid staking solutions, Haedal Protocol aims to strengthen the overall Sui ecosystem, making it an essential project in the rapidly evolving space of decentralized finance. This development is likely to attract more users and investors to the platform, further enhancing its position in the global cryptocurrency market.