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.
sei raised $100m revenue $608 it’s sitting at a $1.6b fdv just because sui had a scam run to $17b and the name sounds similar i don’t think even bots use this chain there’s no reason for it to exist zero
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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