Key notes
- Haedal jumped more than 25% after his Bithumb list, almost recovering its summit of $ 0.1744.
- Built on the SU, the Haedal protocol offers liquid puncture with governance, reinforcement of rewards, etc.
- The open interest in term contracts on Haedal jumped 128% in 24 hours, reporting a large momentum.
The Haedal token jumped more than 25% in the last 24 hours after the news on its list on Bithumb, one of the greatest exchanges of cryptography in South Korea.
Trading at $ 0,1602 after reaching an intrajournual summit of $ 0.1742, Haedal came in a hair width of its summit of $ 0.1744 only three days ago,
Coinmarketcap data show that market capitalization has now affected $ 31.16 million, reporting a renewal of investors’ interests after a volatile start just days ago.
The Bithumb list has led to a haedal thrust
The rally comes in the heels of Bithumb’s announcement that he begins to support a KRW commercial pair against Haedal from 6:00 p.m. kST on May 2, 2025.
Bithumb, the second largest exchange in South Korea, will inscribe the Haedal protocol (Haedal) for the Korean won trading pairs. Trading will start at 6:00 p.m. local time on Friday May 2. Haedal is a protocol for the implementation of liquidity based on suis.
– Wu Blockchain (@wublockchain) May 2, 2025
This marks another major exchange list for the token, after Binance Alpha, Bybit, Kucoin and Mexc earlier this week.
These lists arrived in rapid succession after the main launch of Haedal and the generation of tokens on April 29, when the project also distributed 5% of its billion tokens of 1 billion via an air card.
The Bithumb catalyst also sparked a clear increase in derivative trade. Coinglass data show that Haedal’s open interest in the term contracts has skyrocketed 128% in 24 to more than $ 40 million.
In addition, the funding rate remained stable at 0.0050%, which is a sign of long and short -term positions and increasing institutional interest.
But what is Haedal?
Haedal is the governance and utility token of the Haedal protocol, a new generation liquid layoff platform built on the AU blockchain.
HAELLO OTTERS, $ Haedal will be listed on @Bithumbofficial! 🔥🔥🔥 pic.twitter.com/bk5nmqjsyi
– Haedal🦦 (@haedalprotocol) May 2, 2025
Thanks to its ignition mechanism, users can deposit Suit or WAL tokens in the Haedal ecosystem and receive Hasui or Hawal liquid stimulation tokens – which remain usable between DEFI applications.
This allows users to win Validator awards while maintaining liquidity, a key innovation for the steree based on SU.
Users who put Haedal tokens in vehicles receive governance rights, have stimulated agricultural awards and a share of shuttle income.
Bithumb targeted by the FTC of South Korea
The time of the Bithumb list is notable, especially since the exchange has recently been designated as the objective of public disclosure by the fair trade trade committee of South Korea. In addition, the company was also classified as conglomerate on May 1.
The Bithumb class movement as a large -scale business, indicating its rapid growth due to an increase in virtual asset trading. Regulatory recognition adds legitimacy to exchange and, by extension, to new tokens which he chooses to list.
However, the exchange is now also subject to laws and more strict compliance when it comes to listing the tokens.
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Non-liability clause: Coinspeaker undertakes to provide impartial and transparent reports. This article aims to provide precise and timely information, but should not be considered as financial or investment advice. Since market conditions can change quickly, we encourage you to check the information for yourself and consult a professional before making decisions according to this content.
Cryptographic journalist with more than 5 years of experience in the industry, Parth has worked with the main media in the world of crypto and finance, the collection of experience and expertise in space after having survived bear markets and bulls over the years. STHTH is also an author of 4 self-published books.
Parth Dubey on LinkedIn
