Welcome 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. Every Monday.
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By the Numbers
$SEI token price: $0.20 (+0%)
Market cap: $985.3M (+0.03%)
Sei Total Value Locked (TVL): $379.27M (+7.28%)
Daily average transactions: 4.2M (+0%)
Daily active addresses: 273.1K (-17.79%)
Total wallets: 18.1M (+1.97%)
Real-time transactions per second: 49.64 tx/s (-2.51%)
Block time: 0.48s (-2.04%)
The percentages and metrics are calculated from its change over a 7-day time frame, unless noted otherwise.
Sei Showcase
Highlighting some of the biggest announcements from Sei.
💨 What’s happening: PumpFun, a Solana-based token launchpad known for easy token creation, integrated LayerZero and Superset Finance into its decentralized exchange PumpSwap. This process will provide users to trade assets between Sei and Solana.
💨 Why it matters: This integration looks to eliminate common token trading barriers such as high fees and slow migration processes.
Cross-chain functionality is important because it can provide a broader asset pool for users. In turn, liquidity could rise since capital is able to flow more freely between multiple networks.
In this instance, the launchpad looks to combine Solana’s high-speed and low-cost transactions with Sei’s trading-optimized design to create a more efficient DEX trading experience.
For context, LayerZero is a protocol that provides communication between blockchains, while Superset Finance creates tools that look to streamline cross-chain operations. Together, they could allow PumpSwap powered token bridging and trading between the Solana and Sei blockchains. By creating a multi-chain system, it moves isolated networks toward a more cohesive ecosystem that can better serve mainstream adoption.
💨 The bigger picture: Blockchain interoperability is an important feature for a better user experience and ideally, mainstream adoption. It’s also a turning away from being an optional feature to a needed one. This means users can take advantage of multi-chain experiences over fragmented ecosystems in order to create a more unified digital economy where assets can move without protocol boundaries.
This shift could inspire more DeFi platforms to prioritize cross-chain capabilities, accelerating the industry toward a more connected and accessible blockchain landscape.
Accelerating Sei’s blockchain
Updates on the latest games, validators, builders and more that are helping Sei expand
Hello Moon deployed real-time onchain data and insights via API nodes to Sei
Want to learn more? Listen to this X space about how this collaboration can help empower low latency Sei dApps
Sphere integrated its API to the Sei Network so users can transfer stablecoins to and from their bank accounts
Europe Fantasy League, a social finance platform for soccer fans, reached 136K unique active wallets and is up 36% week-over-week, according to DappRadar
Yei Finance hit $220M in TVL on March 20, an all-time high for the money market protocol (shown below)
Source: DefiLlama
What’s the community Sei’ing
Highlighting the builders, users and ecosystem players within the Sei blockchain.
Crypto in America podcast, which is powered by Sei, released its first episodes with:
Sei Research Initiative published an article about how the MEV retention can shift to a more broad, application-specific approach
Sei Foundation Head of DeSci Eleanor Davies created a blog piece about what decentralized science is and how the network plans to integrate it to the ecosystem
Listen to an X space hosted by FUSYFOX about web3 gaming in the Sei ecosystem, featuring two projects building on the network
Lock in to the ecosystem
Want to get involved in the ecosystem? Find the latest job postings here or get involved with an activation below.
Looking to start your developer journey with Sei? Check out this resource guide to learn how to deploy a dApp on the network
Participate in Sei’s social campaign and create content on X to earn rewards by being on the Kaito leaderboard
Binance Wallet is hosting a rewards campaign - bridge assets to Sei to win a share of a $1.5M pool
Check out Citrex Wallet’s trading competition with a 375K SEI token prize pool - details here
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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.