What Do @Haedal Protocol Latest TVL and Revenue Numbers Tell Us? 🦦🌊
.@Haedal Protocol latest data on @DefiLlama and noticed something to take a look 👇
Haedal's TVL has started recovering.
The chart shows a clear pattern:
→ Early 2026: TVL was much higher, reaching around $90M on the chart.
→ July–August: TVL dropped to around $25–30M.
→ October: TVL recovered and briefly moved above $50M.
→ November: TVL is currently around $39.3M.
What about actual protocol activity?
→ 30D Fees: $51,879
→ 30D Revenue: $44,842
→ Market Cap: $5.
→ 24H Trading Volume: $6.68M
What caught my attention is that Haedal is generating measurable protocol fees and revenue while expanding beyond liquid staking.
Its Lending Vault recently crossed $7M in liquidity, and the protocol has continued adding integrations such as Scallop Wallet.
However, TVL growth does not automatically mean revenue growth.
TVL can increase because of new deposits or changes in asset prices. The chart alone does not show which factor is driving the recovery.
I think Haedal is showing signs of renewed activity after a difficult period earlier this year.
But the real test is whether its growing Lending Vault and ecosystem integrations can support consistent usage and protocol revenue.
Can Haedal turn its recent TVL recovery into sustainable growth?
#HAEDAL
#SUi
#haedal
.@Haedal Protocol latest data on @DefiLlama and noticed something to take a look 👇
Haedal's TVL has started recovering.
The chart shows a clear pattern:
→ Early 2026: TVL was much higher, reaching around $90M on the chart.
→ July–August: TVL dropped to around $25–30M.
→ October: TVL recovered and briefly moved above $50M.
→ November: TVL is currently around $39.3M.
What about actual protocol activity?
→ 30D Fees: $51,879
→ 30D Revenue: $44,842
→ Market Cap: $5.
→ 24H Trading Volume: $6.68M
What caught my attention is that Haedal is generating measurable protocol fees and revenue while expanding beyond liquid staking.
Its Lending Vault recently crossed $7M in liquidity, and the protocol has continued adding integrations such as Scallop Wallet.
However, TVL growth does not automatically mean revenue growth.
TVL can increase because of new deposits or changes in asset prices. The chart alone does not show which factor is driving the recovery.
I think Haedal is showing signs of renewed activity after a difficult period earlier this year.
But the real test is whether its growing Lending Vault and ecosystem integrations can support consistent usage and protocol revenue.
Can Haedal turn its recent TVL recovery into sustainable growth?
#HAEDAL
#SUi
#haedal
