Sei (SEI) records an all-time high in DeFi TVL

Source
Son Min

Summary

  • Sei (SEI)'s decentralized finance (DeFi) total value locked (TVL) has recorded an all-time high.
  • Sei grew 68% in the second quarter, and lock-up deposits exceeded $600 million.
  • Currently, Sei (SEI) is trading on the Binance USDT market at $0.3202, down 0.31% from 24 hours earlier.

Sei (SEI)'s decentralized finance (DeFi) ecosystem's total value locked (TVL) has reached an all-time high.

On the 21st (local time), Sei stated on X (formerly Twitter), "Sei's DeFi ecosystem grew by about 68% in the second quarter," and "the lock-up deposits surpassed $600 million to set an all-time high," the company said.

As of 2:54 PM, based on the Binance USDT market, Sei is trading at $0.3202, down 0.31% from 24 hours earlier.

publisher img

Son Min

sonmin@bloomingbit.ioHello I’m Son Min, a journalist at BloomingBit
hot_people_entry_banner in news detail bottom articles
hot_people_entry_banner in news detail mobile bottom articles
What did you think of the article you just read?




PiCK News

[Key Economic & Crypto Calendar for the Week Ahead] US December PCE Price Index, and More

15 hours ago
[Key Economic & Crypto Calendar for the Week Ahead] US December PCE Price Index, and More

Risk appetite rebounds on softer US CPI…Bitcoin reclaims the $70,000 level

17 hours ago
Risk appetite rebounds on softer US CPI…Bitcoin reclaims the $70,000 level

Supply-demand balance curbs the 'Takaichi yen weakness'… "A historic plunge in the yen is now a more distant prospect"

18 hours ago
Supply-demand balance curbs the 'Takaichi yen weakness'… "A historic plunge in the yen is now a more distant prospect"

[Analysis] "Binance’s XRP holdings fall to a two-year low…a signal of easing sell-side pressure"

20 hours ago
[Analysis] "Binance’s XRP holdings fall to a two-year low…a signal of easing sell-side pressure"

This Week’s Focus: Fed Minutes and PCE Data… US Supreme Court Ruling on Trump Tariffs Also a Wild Card

21 hours ago
This Week’s Focus: Fed Minutes and PCE Data… US Supreme Court Ruling on Trump Tariffs Also a Wild Card

Trending News