Haedal’s progress can’t be judged solely by whether its Lending Vault stayed above $7 million🦦
Dashboard snapshot as of November 4: Haedal had approximately $32.92 million in total staked assets, around 33.145 million haSUI and 9.66 million haWAL minted, and nearly 988,000 cumulative accounts.
The Lending Vault fluctuated after reaching $7 million at the end of October; DefiLlama recorded a balance of approximately $6.87 million on November 3. The milestone is worth celebrating, and the dip is worth recording accurately.
What matters more to me is what comes next: haSUI remains the foundation of the staking business. Whether the Lending Vault can retain funds over time and generate real usage will determine whether it can become a stable second-layer product. Cumulative account numbers also aren’t the same as active users.
Haedal’s product lineup is expanding from liquid staking into lending. Next, we’ll see whether users are willing to keep their funds there.🌊
#Haedal
Dashboard snapshot as of November 4: Haedal had approximately $32.92 million in total staked assets, around 33.145 million haSUI and 9.66 million haWAL minted, and nearly 988,000 cumulative accounts.
The Lending Vault fluctuated after reaching $7 million at the end of October; DefiLlama recorded a balance of approximately $6.87 million on November 3. The milestone is worth celebrating, and the dip is worth recording accurately.
What matters more to me is what comes next: haSUI remains the foundation of the staking business. Whether the Lending Vault can retain funds over time and generate real usage will determine whether it can become a stable second-layer product. Cumulative account numbers also aren’t the same as active users.
Haedal’s product lineup is expanding from liquid staking into lending. Next, we’ll see whether users are willing to keep their funds there.🌊
#Haedal
