- Haedal Protocol (HAEDAL) will launch on KuCoin on April 29, 2025.
- Deposits are available immediately, and trading will start at noon on Tuesday.
- The HAEDAL/USDT trading pair and several trading bot services will be supported.
Global crypto exchange KuCoin has announced the upcoming launch of Haedal Protocol (HAEDAL) on its Spot trading platform. Trading for the HAEDAL/USDT pair will officially open tomorrow, April 29, at noon UTC. Deposits are already live for users through the SUI network.
Ahead of trading, KuCoin will host a Call Auction from 11:00 to 12:00 UTC, allowing users to participate in price discovery and establish HAEDAL’s initial market price. Withdrawals for HAEDAL will open at 10:00 UTC on April 30.
KuCoin’s Trading Bots to Support HAEDAL/USDT Pair
In addition to spot trading, HAEDAL/USDT will be available for KuCoin’s various trading bots when spot trading commences. These trading bots include tools such as Spot Grid, Infinity Grid, DCA (Dollar-Cost Averaging), Smart Rebalance, Spot Martingale, Spot Grid AI Plus, and AI Spot Trend.
These services allow users to automate their trading strategies, take advantage of market fluctuations, and increase their potential returns.
Related: KuCoin Lists Dolomite (DOLO), DeFi Protocol with Dynamic Collateral
About Haedal Protocol: A Liquid Staking Solution on Sui
Haedal Protocol is a liquid staking solution built on the Sui blockchain. It provides users a platform to stake their tokens and earn rewards in a seamless and secure environment. The protocol is powered by Hae3 products, which extract revenue from Sui’s trading flow to fuel the entire liquid staking ecosystem (LST).
Liquid staking is a key 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 looking to maximize returns while maintaining liquidity.
The Haedal Protocol is designed to strengthen the overall Sui ecosystem, making it an essential project in the rapidly growing space of decentralized finance and blockchain technology.
KuCoin’s Strategic Expansion Through New Listings
The listing of Haedal on KuCoin will considerably boost the project’s visibility to a global audience. KuCoin continues to provide a home for new and innovative assets. In recent days, Initia, Dolomite, Hyper, Domin, Zora, Stakestone, and others have debuted on the exchange.
Related: KuCoin Lists Hyperlane (HYPER) Boosting Cross-Chain Interoperability
Klein Labs recently ranked KuCoin among the top three centralized exchanges for new token listings in 2024. The exchange secured third place, with an average post-listing price increase of 6.82%.
The report also highlighted KuCoin’s ability to manage price volatility effectively. Despite the large number of new tokens listed, the exchange has successfully avoided being flagged for “High Outlier Risk.” This demonstrates its strong vetting process and commitment to maintaining market stability.
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Source: https://coinedition.com/kucoins-haedal-listing-brings-new-liquid-staking-option-to-global-traders/