BitMEX Launches HAEDALUSDT Perpetual Swap With 50x Leverage and Bybit Introduces HAEDAL Launchpool to Boost Hadeal Protocol Token Liquidity

Published: 2025-04-30 04:22:52 |

BitMEX has introduced a HAEDALUSDT perpetual swap contract, enabling traders to gain up to 50x leverage on Haedal Protocol’s HAEDAL token against USDT. Trading started at 04:00 UTC on April 30, 2025. The contract is linear, margined, and settled in USDT, eliminating the need to hold actual HAEDAL tokens. Key parameters include a 0.01 HAEDAL contract size, 1 HAEDAL minimum trade, and 0.05% maker/taker fees, with initial and maintenance margins set at 2.00% and 1.00%, respectively. Earlier, Bybit announced the listing of HAEDAL in a Launchpool event, starting spot trading of HAEDAL at 12:00 UTC on April 29, 2025, and running a staking rewards pool from May 2-9, 2025. Users can stake HAEDAL, MNT, or USDT to share in a pool of 6.5 million HAEDAL rewards, distributed daily based on staked assets. Both moves aim to incentivize early adoption and liquidity for HAEDAL, a liquid staking platform on Sui supporting SUI and Walrus staking for consensus rewards and DeFi engagement through LSTs. With BitMEX’s derivatives offering and Bybit’s spot market staking promotion, traders can access leveraged trading and yield-generating opportunities on HAEDAL. These developments are set to increase HAEDAL’s visibility, trading volume, and liquidity within the crypto market, especially among those seeking exposure to liquid staking and DeFi innovations. New qualified users on BitMEX may also claim up to $5,000 in BMEX token rewards for registration.

Bullish

The listing of HAEDALUSDT perpetual swaps on BitMEX alongside Bybit’s Launchpool event significantly increases HAEDAL’s access and utility within both derivatives and spot markets. The availability of high leverage and the ability to earn staking rewards are likely to drive substantial trader interest, boosting liquidity and trading volumes. Historically, such dual-market moves—especially around liquid staking protocols and new DeFi projects—have led to short-term price surges as traders speculate and accumulate positions. In the longer term, increased trading infrastructure and incentives may foster a broader ecosystem for HAEDAL, though this could also introduce volatility as initial speculation settles. Overall, these developments are expected to produce a bullish impact on HAEDAL’s price and market presence.