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#OnChainLendingSurge
Sei, a blockchain platform focusing on speed and EVM compatibility and offering trading infrastructure for decentralized exchanges (DEXs) and other decentralized applications (dapps), is gaining traction in the decentralized finance (DeFi) sector. The blockchain’s total value locked (TVL) in DeFi has increased by nearly 80% over the past month and reached a new record of $115 million on September 5.
Thanks to its rapid increase over the last few months, Sei has joined the top 40 largest chains by DeFi TVL, overcoming BSquared, Osmosis, Celo, and Fantom, among others.
On September 5, the blockchain registered record daily inflows, with nearly $10 million worth of tokens being deposited on the dapps that it hosts.
Sei, a blockchain platform focusing on speed and EVM compatibility and offering trading infrastructure for decentralized exchanges (DEXs) and other decentralized applications (dapps), is gaining traction in the decentralized finance (DeFi) sector. The blockchain’s total value locked (TVL) in DeFi has increased by nearly 80% over the past month and reached a new record of $115 million on September 5.
Thanks to its rapid increase over the last few months, Sei has joined the top 40 largest chains by DeFi TVL, overcoming BSquared, Osmosis, Celo, and Fantom, among others.
On September 5, the blockchain registered record daily inflows, with nearly $10 million worth of tokens being deposited on the dapps that it hosts.
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
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