It’s wildly misleading to judge a chain by “how much it raised” and “24h revenue.”
Those numbers have nothing to do with what’s actually happening on #Sei.
If you think “no one uses this chain,” here’s what the last 6 months actually looked like:
– TVL from $360M → $600M+ ATH, with 16× better capital efficiency than most DeFi L1s
– Daily txs 700K → 5.7M, topping the entire EVM ecosystem
– Unique wallets up 668% to 70M+
– $3.5B DEX volume in Q3
– $38B perpetual volume, 13.5M active wallets, $5.5B+ daily stablecoin flows
And that’s just usage.
✨ The real story is that $Sei became the settlement layer institutions actually chose:
– Apollo ($840B AUM) tokenized its private credit fund on Sei
– Ondo brought USDY treasuries on-chain
– Chainlink integrated real-time GDP & PCE data
– KAIO onboarded BlackRock, Brevan Howard, Hamilton Lane funds
– Morpho enabled lending vaults for these tokenized assets
– Custody added regulated cold storage for $SEI
– Wyoming’s state stablecoin (WYST) selected Sei as the settlement rail
That’s over $1T+ in institutional capital choosing infrastructure that clears with sub-400ms finality, 200K TPS, full parallelized EVM, and a stack built specifically for regulated DeFi.
“no reason to exist”?
Regulated DeFi finally found its home base and everything big is settling on Sei.
The biggest chain ethereum is only 36.7K in 24h revenue.
The MC/rev = 0.01
Meanwhile SEI MC/rev = 0.0016
-> Clear to see SEI is still 7X undervalue compared to ETH and nobody say ETH to zero. That's the point!

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