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: $0.0745 (-0.79%)
Market cap: $501.73M (+0.66%)
Sei Total Value Locked (TVL): $53.2M (-49.5%)
Daily transactions: 3.4M (-25.5%)
Daily active addresses: 1.1M (+4.6%)
Total wallets: 98.1M (+1.24%)
Real-time transactions per second: 44 tx/s (+23.1%)
Block time: 0.57s (-9.5%)
Percentages and metrics are calculated over a 7-day time frame, unless noted otherwise.
Sei Showcase
💨 What’s happening: Toku, a payroll platform, has integrated Sei into its system, allowing companies to pay their employees and vendors in USDC via Sei.
💨 Why it matters: Toku connects employers and payroll providers such as Workday and ADP with stablecoin payment rails.
Stablecoins are widely used for trading and transfers, so integrating with payroll systems adds a more routine use case such as paying salaries to employees and contractors.
Traditional payroll systems boast modern features, but they depend on clearing systems and sometimes only operate within a range of business hours. This could be limiting for making international payments in particular, which can take several days to settle.
Blockchain-based payments systems solve that particular issue because they run 24/7 and can settle transfers within minutes.
💨 The bigger picture: Toku’s integration of Sei isn’t meant to replace existing payroll providers, as they are already widely used. It is simply extending the payroll system to blockchains, allowing businesses to use stablecoins for payments, alongside traditional methods.
As stablecoins expand beyond trading venues into operational finance, payroll can serve as good testing grounds for whether blockchain infrastructure can support everyday income flows at scale.
Accelerating Sei’s blockchain
Updates on the latest games, validators, builders and more that are helping Sei expand
Sei Labs has upgraded to v6.3, bringing faster snapshots and cold-starts, which both increase blockchain node performance
Monaco launched the private testnet phase of its programmatic revenue sharing trading exchange on Sei
Dune showcased its developer tools that lets builders create custom queries to collect data directly from the chain
What’s the community Sei’ing
Highlighting the builders, users and ecosystem players within the Sei blockchain.
Coin Shares explained how Sei, alongside Ethereum, Solana and Sui, are pushing the frontier of programmable money by optimizing for specific use cases
Helium Wars released a Founders Pass for its onchain game that gives players more rewards and governance voting power for new stages
Yei Finance distributed boosted rewards to its users who locked tokens on its cross-chain liquidity protocol
Lock in to the ecosystem
Want to get involved?
Check out the latest jobs at the Sei Development Foundation
Earn rewards on Takara lending protocol for connecting your social account
That’s all for this week.
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This product was built by Token Relations.
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.