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By the Numbers
$SEI token price: $0.22 (-15.38%)
Market cap: $1.17B (-12.03%)
Sei Total Value Locked (TVL): $536.66M (+2.76%)
Daily average transactions: 4.1M (+17.14%)
Daily active addresses: 335.2K (+6.65%)
Total wallets: 22.68M (+6.13%)
Real-time transactions per second: 56.28 tx/s (+17.32%)
Block time: 0.48s (-5.88%)
The percentages and metrics are calculated from its change over a 7-day time frame, unless noted otherwise.
Sei Showcase
💨 What’s happening: Metrics for decentralized applications (dApps) on Sei rose on the week for unique active wallets, transactions and volume, DappRadar data shows. This coincides with the growth from Sei-based web3 games such as Archer Hunter and FishWar during the same timeframe.
💨 Why it matters: Over the course of a week, Sei network recorded 1.4 million unique active wallets (UAW), 4.03 million decentralized application (dApp) related transactions and processed $19.7 billion in dApp volume.
The network's ability to support multiple high-transaction games is indicative that the infrastructure can meet the demand needed for web3 gaming, as highlighted below.
This growth has been arguably fueled by Sei's gaming sector as Archer Hunter has seen a 1,158% surge in UAW to 255,100 on the week. In addition, FishWar saw a 123% rise to 101,830 in UAW, during the same time period, showcasing the increase in user activity. Jellyverse volume led the way for dApp volume on the network seeing a 228% increase over the week to $11.53 billion. DragonSwap also played a contributing factor, processing $7.88 billion in volume or 193% increase on the week.
In Sei’s case, UAW is a key indicator for its gaming growth because it showcases the amount of accounts interacting with the ecosystem’s gaming dApps. Meanwhile, the dApp volume increase could mean the network’s focus on performance is relaying over to the projects building on top of it.
As its design for fast transaction finality and high throughput matures, Sei can continue to deliver fast speeds for real-time interactions – which is important for dApps and user adoption.
💨 The bigger picture: The Sei Network is designed with a focus on high-performance blockchain technology. As a result, it has emerged as a notable player in the web3 gaming ecosystem.
Its emphasis on fast transaction processing and low latency aligns with the demands of blockchain-based experiences, where speed and scalability are critical for a healthy and engaging user experience.
As Sei continues to upgrade its infrastructure and expand its ecosystem, it positions the chain for more, stronger onchain activity.
Accelerating Sei’s blockchain
Updates on the latest games, validators, builders and more that are helping Sei expand
Learn more about the Sei Improvement Proposal to support EVM-only transactions via X livestream
Daily DEX volume on Sei recorded a new monthly high on May 12 at $42.73M, according to DefiLlama data
Sei network hit 487.4K active addresses on May 14, a new high for the year, Artemis data shows
Of those active addresses, 177.4K were new wallets and 310K were returning wallets
Dapp volume rose 24.53% to $18.21B in the last week, the third highest amongst all blockchains (shown below)
Source: DappRadar
What’s the community Sei’ing
Highlighting the builders, users and ecosystem players within the Sei blockchain.
DappRadar released an article about Archer Hunter and its web3 gaming utility token
Kawaii Puzzle launched its puzzle game to the iOS App Store and Google Play, built using Sei technology
The web3 game also announced its integration of the Sei Global Wallet
Infinity Games, a web3 gaming ecosystem platform on Sei, partnered with Tilted to provide economic resources for creators
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.
Participate in Sei’s rewards campaign with BitGet Wallet and earn yield on USDC, SEI, amongst other tokens
Vertex extended the duration of its rewards campaign till May 28 - see 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.