Welcome back to the Sei Overview. We’re creating the best place for the Sei community to get the latest updates, metrics, insights on the blockchain, its ecosystem developments and more – all in one place.
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By the Numbers
$SEI token price: $0.10 (-5.9%)
Market cap: $693.4M (-5.6%)
Sei Total Value Locked (TVL): $125.7M (-22.6%)
EVM daily average transactions: 2.6M (+8.3%)
EVM daily active users: 1.2M (+20%)
Total wallets: 95.2M (+1.2%)
Real-time transactions per second: 43.07 tx/s (-27%)
Block time: 0.69s (+35.3%)
Percentages and metrics are calculated over a 7-day time frame, unless noted otherwise.
Sei Showcase
Highlighting the biggest developments on Sei
💨 What’s happening: Sei saw engagement peak to record highs on January 23: daily active users hit the 1.2 million mark, while returning users reached 2.2 million. Active usage on the network grew steadily towards the peak, driven by high-frequency apps and games like Match Fighters and Kindred AI.
💨 Why it matters: The daily active users (DAU) and returning users metrics provide insight into both scale and quality of usage on a network. While DAU shows how many unique wallets are interacting on a given day, returning user numbers indicate retention.
Notably, returning users outnumbered daily active users, suggesting that a large portion of activity came from users already involved in the network, indicating that usage was driven by games and high-frequency applications, instead of short-term incentives or isolated events.
Engagement appears to be concentrated around applications in which users interact multiple times per session rather than performing single transactions. This pattern is consistent with usage driven by games or social applications, where session-based behavior naturally leads to higher DAU counts and repeat visits.
💨 The bigger picture: Sei’s growing retention numbers indicate that engagement is becoming more frequent, which is needed for long-term sustainability.
Rather than activity being spread thinly across many experimental projects, usage seems to be clustering around a smaller set of applications with established user loops. This typically results in higher returning-user ratios, as users return for familiar products rather than exploring once and leaving.
Accelerating Sei’s blockchain
Updates on the latest games, validators, builders and more that are helping Sei expand
Sei’s daily peer-2-peer stablecoin transactions rose to a monthly high of 316.4K on Jan. 22
Monaco, a Sei-incubated perpetual trading DEX, integrated Chainlink to enable 24/5 trading for equity markets
Amount of SEI staked natively on its EVM layer is up 4% since the beginning of the year to 65.2M SEI, from 62.4M SEI
What’s the community Sei’ing
Highlighting the builders, users and ecosystem players within the Sei blockchain.
Sei ecosystem games Token Tails, Veilcraft, Dawnshard and MetaArena spoke about the impact of the Giga upgrade on web3 gaming
Yei reached 275K unique active wallets across its token swap and lending platforms on Jan. 21
Grand Gangsta City burned $9.3K worth of its GGC tokens to reduce total supply, and use a portion for community buybacks
Lock in to the ecosystem
Want to get involved?
Check out the latest jobs at the Sei Development Foundation
Earn rewards on Takara Lend for borrowing USDT on Sei
Participate in KuCoin’s Sei gaming campaign for a chance at a $16K prize pool
That’s all for this week.
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This information is for entertainment purposes only. It should not be considered financial advice, nor should it be used to make investment decisions. Cryptocurrencies are high risk and you should consult a financial professional before making any financial decisions. Make sure you do your own research.