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.
Sei integrated Coinbase's x402 for machine payments and Justin Barlow joined as Executive Director.
Integrated with Ledger Business to enable institutional self-custody, staking, and DeFi access with role-based permissions and audit reporting.
Integrated with Sumvin, an agentic finance platform that manages user finances and operates as a verified user across banks and financial services on Sei.
21Shares and Canary Capital filed for SEI ETF approval in 2026.
Kraken enables native Sei EVM deposits and withdrawals, a US crypto exchange.
Powers Kindred_AI's persistent AI companion platform, handling millions of continuous state updates for memories, identity, and progression.
Reached 1.8 million daily active users, an all-time high with 57% growth and sixth consecutive quarter of growth, alongside 5 million weekly users.
Integrated with Cultz Trade for mobile perpetuals trading on Monaco.
Processed more than $3 billion in stablecoin volume over the 30 days ending February 11, 2026.
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.
Featured in SEI ETP and DIME ETF products on CoinShares.
Envio indexer went live on Sei, enabling developers to sync millions of events in minutes.
Torodex DEX on Sei reached $5M in trading volume.
Integrated with Toku for instant stablecoin payroll settlement, connecting to ADP and Workday for compensation and tax compliance.
USDY from Ondo Finance went live on the Sei Network, enabling holders to swap, lend, or use it as collateral across DeFi.
Highlighted by CoinShares, the 4th largest ETP manager globally, alongside Ethereum, Solana, and Sui in an article on platforms pushing boundaries of programmable money.
Reached $157.2M TVL in Q4 2025, down 63.5% quarter-over-quarter.
Reached an average of $28.8M daily DEX volume in Q4 2025, down 33.9% quarter-over-quarter.
Reached $98.6M stablecoin market cap in Q4 2025, down 33.4% quarter-over-quarter.
Reached 2.3M daily transactions in Q4 2025, an all-time high, up 16.6% quarter-over-quarter.
Integrated Chainlink CCIP and deBridge for cross-chain interoperability.
Scheduled 95.15M token unlock for February 15, 2026, valued at $7.21M and representing 0.95% of supply.
Dune is hosting a "Learn on Dune" workshop for Sei onchain analytics on 2026-02-12 at 1pm EST
predpred launched prediction markets with a bonding curve on Sei
Recorded $82.9M in whale inflows over a 24-hour period ending around February 8, 2026.
Integrated Coinbase's x402 protocol for machine-native payments, enabling agents to pay each other in stablecoins at the HTTP layer in real time on Sei.
Justin Barlow joined as Executive Director at Sei Network.
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.
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.
Lifetime DEX volume surpassed $10B.
Operates validators by Binance, Kraken, and Anchorage, with BitGo providing custody services.
Deployed SeiDB upgrade, reducing active state size by approximately 60%, increasing state sync speed by up to 12x, and slowing historical growth by approximately 90%.
Launched Market Infrastructure Grids, adding institution-grade features including multiple concurrent proposers, geographically distributed validator set, and optimized storage for complex asset metadata.
Analyst views Sei as well-positioned to serve as settlement layer for tokenized treasuries due to technical capabilities and institutional connections.
Supports native USDC integration via Circle, enabling crosschain forwarding with automated destination-chain execution via Bridge Kit and Circle Gateway.
Integrates Wallchain for MEV protection on the network.
Daily active addresses increased by 92.5% over the last 30 days.
processes approximately 2.6 million EVM daily average transactions
Completed v6.3 update, enabling staking through the EVM layer and 25x faster cold starts when loading and replaying snapshots.
CodeXero offers a creators program with up to $150,000 in funding.
Has 60+ live games deployed on the network.
Maintains approximately 400 millisecond settlement time.
Reached a new all-time high of 2 million average returning users, with returning users tripling since the beginning of 2026.
Deployed Carbon DeFi's Range Order feature, enabling automated filling through its Arb Fast Lane solver system, which arbitrages onchain liquidity.
Sei Labs announced a research breakthrough combining MCP and sharding to solve the tradeoff between low latency and censorship resistance.
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.
Average transaction fee ranges from $0.00003695 to $0.0001 per transaction.
Generated $8.6K in revenue over the last 30 days.
Completed SIP-3 wallet upgrades in Q4 2025, deprecates Cosmos-based transactions, and transitions to an EVM-only architecture with migration April 6-8, 2026. Achieved sub-400ms finality, aiming for 200K+ TPS and EVM-only chain by mid-2026.
Collaborates with Bhutan's sovereign wealth fund DHI to deploy a national validator as part of Bhutan's digital transformation initiative.
Currently has approximately $19 million in 24-hour DEX volume and approximately $21 million in 24-hour perpetuals volume.
Reached 100 million wallets and 5 billion transactions as of February 11, 2026.
Added 193,871 new EVM addresses in a single 24-hour period on January 19-20, 2026, representing a 34% increase.
Reached 90.1 million unique EVM addresses as of February 11, 2026.
Has approximately $30M in tokenized RWA deployments on the network.
P2P Stablecoin supply increased over 152% in the last 6 months.
Reached 1M daily active addresses as of February 11, 2026, up 26% quarter-over-quarter in Q4 2025, an all-time high.
Processes approximately 1.8 million daily transactions.
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.
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.
Reached a combined 75 million embedded wallets across deployed dApps.
Hosts over $20M in compliant RWAs including tokenized treasuries from BlackRock, Apollo, Hamilton Lane, Brevan Howard, and Laser Digital via Securitize and KAIO.
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.
Hosts 2M+ deployed contracts on the network.
Has 19 apps with over 100,000 monthly active users in the ecosystem.
Arb Fast Lane activity on Sei increased 29% week-over-week as of January 14, 2026.
Has 11 native games that exceed 300,000+ monthly active addresses.
Weekly stablecoin volume on Sei grew 104% in 3 months to approximately $1.5 billion.
Traders identify a price bounce from a suggested buy zone and express bullish expectations for future price movement.
Partnered with KuCoin Web3 and GamingOnSei for a campaign offering a $16,000 SEI prize pool through quest completion, running from January 12th to January 27th, 2026 at 4 PM UTC.
Yei Finance, a DeFi protocol built on Sei, reached $45M in TVL and approximately $20M in daily volume.
YeiSwap and YeiBridge, two products from YeiFinance built on Sei, surpassed $685M in cumulative volume.
Integrates with Spectra Finance protocol.
Has a one-time large token unlock exceeding $5 million scheduled within the 7 days following January 12, 2026.
Capymellow launched a new puzzle game on Sei.
Faceoffarcade launched 1v1 competitive duels game on Sei.
Received regulatory approval from Japan's FSA.
Sei Wallet and app discovery are pre-installed on Xiaomi smartphones sold outside China and the US starting in 2026, providing exposure to hundreds of millions of users.
Stablecoin payments are launching across 20,000+ Xiaomi retail stores in Q2 2026 in Hong Kong and the EU.
Supported Candy Dreams game night event on Tilted platform scheduled for January 13, 2026 at 12:00 PM UTC with $50 in rewards.
Etherscan launched Seiscan as a block explorer for the network.
SIP-3 passed, enabling deprecation of Cosmos components and consolidating architecture to optimize for a single high-performance execution layer.
Launched seictl to improve developer experience and make running nodes more reliable and intuitive.
Binance, Anchorage Digital, and Kraken became validators on the network.
MetaMask added native support, exposing the network to 100M+ wallet users.
Kalshi integrated the network, enabling regulated prediction markets with native SEI and USDC flows.
Became the #1 EVM chain by weekly Unique Active Wallets, surpassing Polygon, Sui, and Aptos according to a16z.
Sapien Capital launched as a Sei-backed venture fund focused on science, data, and innovation.
43-47% of the token supply is currently staked as of January 2026.
Tokenized treasuries market surpassed $9 billion in value.
Infrastructure referred to as "the pipes" is now live and operational.
Maintains 99.9% uptime.
Listed on OSL Hong Kong in December 2025.
Listed on Upbit and Bithumb exchanges in Korea.
Plans an upgrade that will deprecate USDC.n token in favor of a native stablecoin, requiring existing USDC.n holders to swap tokens.
Ranked third by positive mentions among crypto tokens in 2025 according to CryptoRank analysis.
Achieves 12,500 TPS throughput and approximately 400ms finality through parallelized execution architecture.
Smart contract activity grew sharply in the second half of 2025, with momentum carrying into 2026, driven by mature infrastructure and sticky app behavior in payments and gaming sectors.
Reached total value locked (TVL) of $185M.
Transaction fees are approximately $0.00005 per transaction.
launched flash rewards program offering 7% annual yield on SEI with 14-day lockup, limited to 1,200,000 SEI total allocations, running from 2026-01-08 to 2026-01-22 via Crypto.com