sei11
$SEI
MCAP368.57M
+0.03%

what's sei?

Sei is a high-performance Layer 1 blockchain designed specifically for decentralized finance (DeFi) and trading applications, aiming to provide the fastest EVM-compatible environment for high-frequency transactions. It achieves sub-second finality of around 400 milliseconds and supports over 200,000 transactions per second (TPS) with ultra-low fees, making it ideal for scaling Web3 apps in DeFi, NFTs, and gaming. The network's Sei v2 upgrade introduces a parallelized EVM, enhancing Ethereum compatibility while inheriting Sei's core optimizations for speed and efficiency. Key features include native support for real-world assets (RWAs), seamless USDC integrations via Circle Gateway, and a thriving ecosystem with partnerships from institutions like Apollo, BlackRock, and Brevan Howard through platforms like KAIO and Securitize. Sei also fosters gaming and AI initiatives, such as collaborations with Tilted Partners for AI-powered games and Kindred AI for wallet integrations, alongside DeFi reward programs to boost liquidity and user engagement.

Snapshot

Sei's Takara Lend reached $1.89M TVL; v6.4 upgrade launched; 55.56M tokens unlock Apr 15.

10H ago
ONCHAIN METRICS

Takara Lend USD₮0 Market on Sei Network has reached $1.89M TVL with 10.71% current APR.

1D ago
TECH EVENT

Launched v6.4 upgrade, adding ability to disable inbound IBC transfers in EVM-only mode, improving execution and state handling efficiency, and achieving a 20% reduction in average block time.

TOKEN ECONOMICS

Unlocking 55.56 million SEI tokens on 2026-04-15, representing approximately $2.97 million in value and 0.97% of circulating supply.

5D ago
PARTNERSHIP

Integrated with Spectra Finance to bring yield trading (Principal and Yield Tokens) to the network, with a debut pool powered by spSEI from Splashing.

1W ago
PARTNERSHIP

Integrated with Kalshi as an official prediction market platform, allowing users to deposit and withdraw native SEI and USDC since December 2025.

TECH EVENTOfficial

Positions as first high-performance post-quantum blockchain with Giga upgrade, developing public quantum computing roadmap for post-quantum security.

TEAM UPDATE

A team member (vascodm_) departed after four years with the project on April 3, 2026.

MARKET ACTIVITY

Coinbase disabled send and receive support for EVM-only migration from April 6-8, 2026.

2W ago
TECH EVENT

Sei v2 now supports complete Holders Data on CoinMarketCap DexScan, allowing users to view token supply distribution and wallet metrics for on-chain pairs.

PARTNERSHIPOfficial

Integrated MetaMask, offers free gas for all transactions.

3W ago
ONCHAIN METRICS

Recorded a 168% increase in Real World Asset (RWA) value over 30 days ending around March 23, 2026.

ONCHAIN METRICS

Recorded $15M in inflows on Jumper Exchange during the week ending March 23, 2026, ranking as the top chain by inflow volume.

TECH EVENTOfficial

Yei Finance launched Clovis testnet, a crosschain lending platform, with Sei as the clearing layer for unified crosschain lending rates, supporting USDC and USDT bridging across Ethereum, Base, BNB Chain, and Sei.

PARTNERSHIP

Partnered with Tilted to add real-time data layer infrastructure for FishWar, an AI-powered GameFi ecosystem on Sei with over 2 million players.

1M ago
PARTNERSHIP

Sei Development Foundation participated as a backer in Ironlight's $21 million Series A funding round for expanding its regulated marketplace for tokenized securities.

PARTNERSHIPOfficial

Launched Morpho Vaults V2 via Featherlend and okutrade, with Featherlend enabling borrowing PYUSD against sfrxUSD collateral at 2.25% and earning 8% APY on deposited PYUSD.

FINANCIAL EVENT

Launched Nitro rewards totaling $270,000, with Phase 1 offering $90,000 USDC via Jumper for YeiFinance deposits from 2026-03-16 to 2026-04-17. Jumper schedules community call for 2026-03-26.

ONCHAIN METRICS

Generated $566 in revenue on March 14, 2026.

PARTNERSHIPOfficial

Evolve is bringing eUSD, a yield-bearing stablecoin, to Sei.

MARKET ACTIVITYOfficial

Launched spot trading on Hyperliquid.

VISIBILITY EVENT

Participated in FIA Boca derivatives conference in March 2026 alongside Coinbase, Solana, and traditional finance players.

MARKET ACTIVITYOfficial

Integrated with Backpack wallet, offering 0% fees on swaps and bridges exclusively.

PARTNERSHIP

Integrated Dynamic to provide developers with embedded wallets and 600+ wallet connections.

TOKEN ECONOMICS

Unlocks 55 million SEI tokens worth $5.86M in the week starting March 10, 2026.

PARTNERSHIP

Integrated Chainlink equities price feeds via Monaco Trading

ONCHAIN METRICSOfficial

Ranked #3 among EVM chains by monthly active wallets in March 2026, behind only Ethereum and opBNB, and ahead of Polygon and Base. Also ranked among leading EVM chains in February 2026, alongside ETH and opBNB.

PARTNERSHIP

Partnered with Xiaomi to pre-install Sei wallet globally on millions of smartphones and enable stablecoin payments across 20,000+ stores, starting in 2026.

PARTNERSHIP

Secured RWA commitments from BlackRock, Brevan Howard, Hamilton Lane, and Apollo via KAIO.

ONCHAIN METRICS

TVL increased from approximately $13M to $682M all-time high.

TECH EVENT

Launched SKILL.md documentation for AI agents to build on the network.

MARKET ACTIVITYOfficial

Completed V3 upgrade and full EVM migration in early April 2026, enabling sends/receives on EVM. Requires CW20/pointer contract token migration; targets sub-400ms finality, 200k+ TPS; EVM scheduled for Coinbase listing April 10, 2026.

ONCHAIN METRICS

Reached 100,000,000 lifetime wallets, with the second 50 million created in 6 months compared to 2 years for the first 50 million.

TECH EVENT

Sei Labs submitted a proposal to the x402 repo to standardize transparency of facilitator fees.

PARTNERSHIP

Ledger Business integrated enterprise custody for institutional self-custody, staking, and DeFi access with multi-sig, role-based permissions, and audit reporting.

PARTNERSHIPOfficial

Visa pilots Sumvin, built on Sei, for Intelligent Commerce Connect AI agent payments.

REGULATORY

21Shares and Canary Capital filed for SEI ETF approval in 2026.

MARKET ACTIVITYOfficial

Enabled native EVM deposits/withdrawals for USDC and USDT via Kraken and Coinbase, and integrated EVM with Rewardy Wallet. Supports Circle CCTP for automated USDC transfers with destination-chain execution.

PARTNERSHIPOfficial

Kindred_AI launches globally on 2026-04-24 with LINEFRIENDS, powering its persistent AI companion platform for millions of state updates, memories, identity, and progression.

ONCHAIN METRICSOfficial

Reached two million daily active wallets (all-time high), 5 million weekly users, and 1.4 million average daily active users in Q1 2026, ranking 5th among L1s by average daily active users.

PARTNERSHIP

Integrated with Cultz Trade for mobile perpetuals trading on Monaco.

ONCHAIN METRICS

Processed more than $3 billion in stablecoin volume over the 30 days ending February 11, 2026.

ONCHAIN METRICS

Native USDC supply has nearly 100,000 unique holders onchain as of February 11, 2026, experiencing among the fastest growth rates of native USDC supply across blockchains.

MARKET ACTIVITY

Featured in SEI ETP and DIME ETF products on CoinShares.

TECH EVENT

Envio indexer went live on Sei, enabling developers to sync millions of events in minutes.

ONCHAIN METRICS

Torodex DEX on Sei reached $5M in trading volume.

2M ago
PARTNERSHIP

Integrated Toku stablecoin payroll in 190+ countries, connecting to ADP and Workday for compensation and tax compliance.

PARTNERSHIP

Integrated Ondo Finance USDY for tokenized U.S. Treasury yield, supporting swaps, lending, and collateral. USDY ranks as the third fastest growing tokenized U.S. T-bill fund.

VISIBILITY EVENT

Highlighted by CoinShares, the 4th largest ETP manager globally, alongside Ethereum, Solana, and Sui in an article on platforms pushing boundaries of programmable money.

ONCHAIN METRICS

Reached $157.2M TVL in Q4 2025, down 63.5% quarter-over-quarter.

ONCHAIN METRICS

Reached 2.3M daily transactions in Q4 2025, an all-time high, up 16.6% quarter-over-quarter.

ONCHAIN METRICS

Reached an average of $28.8M daily DEX volume in Q4 2025, down 33.9% quarter-over-quarter.

ONCHAIN METRICS

Reached $98.6M stablecoin market cap in Q4 2025, down 33.4% quarter-over-quarter, increasing 90% over four months with P2P supply near all-time high and weekly volume approaching $1B.

PARTNERSHIP

Integrated Chainlink CCIP and deBridge for cross-chain interoperability.

TOKEN ECONOMICS

Scheduled 95.15M token unlock for February 15, 2026, valued at $7.21M and representing 0.95% of supply.

TECH EVENT

predpred launched prediction markets with a bonding curve on Sei

VISIBILITY EVENT

Dune is hosting a "Learn on Dune" workshop for Sei onchain analytics on 2026-02-12 at 1pm EST

WHALE ACTIVITY

Recorded $82.9M in whale inflows over a 24-hour period ending around February 8, 2026.

PARTNERSHIP

Integrated Coinbase's x402 protocol for machine-native payments. Coinbase Markets plans to integrate the Sei EVM.

TEAM UPDATE

Justin Barlow joined as Executive Director at Sei Network.

PARTNERSHIP

Partnered with AIxC and Faraday Future to explore AI, blockchain infrastructure, on-chain identity, real-time DePIN, and EV/robotics hardware for mobility and robotics ecosystem.

VISIBILITY EVENT

Founding Engineer and AI Lead Kartik Bali speaks at ETHDenver 2026 with a mainstage presentation on Thursday, 2026-02-20, and at the Quantum Summit.

ONCHAIN METRICS

Lifetime DEX volume surpassed $10B.

TECH EVENTOfficial

Deployed SeiDB and Giga upgrades to enhance performance and storage. SeiDB reduces active state size by 60%, increases state sync speed by 12x, and slows historical growth by 90%; Giga reduces query times from 12,000ms to 50ms (240x faster read latency).

TEAM UPDATE

Operates validators by Binance, Kraken, and Anchorage, with BitGo providing custody services.

TECH EVENTOfficial

Released Giga Whitepaper for multi-proposer EVM L1 with Autobahn consensus, featuring 200,000+ TPS and sub-400ms finality. Launched Market Infrastructure Grids with multiple concurrent proposers, geographically distributed validator set, and storage via ReceiptDB replacing PebbleDB, achieving 240x read latency improvement.

OPINION SPECULATION

Analyst views Sei as well-positioned to serve as settlement layer for tokenized treasuries due to technical capabilities and institutional connections.

PARTNERSHIP

Supports native USDC integration via Circle, enabling crosschain forwarding with automated destination-chain execution via Bridge Kit and Circle Gateway.

PARTNERSHIP

Integrates Wallchain for MEV protection on the network.

ONCHAIN METRICS

Daily active addresses increased by 92.5% over the last 30 days.

ONCHAIN METRICS

processes approximately 2.6 million EVM daily average transactions

TECH EVENT

Completed v6.3 update, enabling staking through the EVM layer and 25x faster cold starts when loading and replaying snapshots.

FINANCIAL EVENT

CodeXero offers a creators program with up to $150,000 in funding.

ONCHAIN METRICS

Has 60+ live games deployed on the network.

ONCHAIN METRICS

Maintains approximately 400 millisecond settlement time.

ONCHAIN METRICS

Reached a new all-time high of 2 million average returning users, with returning users tripling since the beginning of 2026.

PARTNERSHIP

Deployed Carbon DeFi's Range Order feature, enabling automated filling through its Arb Fast Lane solver system, which arbitrages onchain liquidity.

TECH EVENT

Sei Labs announced a research breakthrough combining MCP and sharding to solve the tradeoff between low latency and censorship resistance.

PARTNERSHIP

Monaco launched Private Alpha for spot trading February 11, 2026, integrated Chainlink's 24/5 U.S. Equities Streams, with trader codes and revenue-sharing model.

ONCHAIN METRICS

Average transaction fee ranges from $0.00003695 to $0.0001 per transaction.

ONCHAIN METRICS

Generated $8.6K in revenue over the last 30 days.

TECH EVENT

Completed SIP-3 wallet upgrades, deprecating Cosmos-based transactions and transitioning to EVM-only architecture with migration April 6-8, 2026. Giga upgrade targets 200,000 TPS with 390 millisecond finality, 5 gigagas per block, and full EVM compatibility, with EVM-only chain by mid-2026.

PARTNERSHIP

Collaborates with Bhutan's sovereign wealth fund DHI to deploy a national validator as part of Bhutan's digital transformation initiative.

ONCHAIN METRICS

Currently has approximately $19 million in 24-hour DEX volume and approximately $21 million in 24-hour perpetuals volume.

ONCHAIN METRICS

Reached 90.1 million unique EVM addresses as of February 11, 2026.

ONCHAIN METRICS

Reached 100 million wallets and 5 billion transactions as of February 11, 2026.

ONCHAIN METRICS

Added 193,871 new EVM addresses in a single 24-hour period on January 19-20, 2026, representing a 34% increase.

ONCHAIN METRICS

Has approximately $30M in tokenized RWA deployments on the network.

ONCHAIN METRICS

P2P Stablecoin supply increased over 152% in the last 6 months.

ONCHAIN METRICS

Reached 1M daily active addresses as of February 11, 2026, up 26% quarter-over-quarter in Q4 2025, an all-time high.

ONCHAIN METRICS

Processes approximately 1.8 million daily transactions.

OPINION SPECULATION

Researching post-quantum cryptography solutions including ZK batch verification, recursive proofs, and commit-now-verify-later models with economic bonds to maintain throughput at scale, but no implementation has been deployed yet.

ONCHAIN METRICS

Reached all-time highs in daily transactions, daily active users, monthly active users, DEX volume, active contracts, and daily active addresses in mid-December 2025 and Q4 2025.

ONCHAIN METRICS

Reached a combined 75 million embedded wallets across deployed dApps.

PARTNERSHIP

Integrated Ondo Finance's USDY, a yield-bearing T-bill and tokenized U.S. Treasury product, on Yei Finance, bringing DeFi-native collateral to lending markets.

PARTNERSHIP

Hosts over $20M in compliant RWAs including tokenized treasuries from BlackRock, Apollo, Hamilton Lane, Brevan Howard, and Laser Digital via Securitize and KAIO.

3M ago
ONCHAIN METRICS

Hosts 2M+ deployed contracts on the network.

ONCHAIN METRICS

Has 19 apps with over 100,000 monthly active users in the ecosystem.

ONCHAIN METRICS

Arb Fast Lane activity on Sei increased 29% week-over-week as of January 14, 2026.

ONCHAIN METRICS

Has 11 native games that exceed 300,000+ monthly active addresses.

ONCHAIN METRICS

Weekly stablecoin volume on Sei grew 104% in 3 months to approximately $1.5 billion.