sei defi just did something most chains cannot pull off
look at this tvl breakdown and you will see what everyone missed. sei hit $609m tvl in q2 while the token pumped 63%, but the real story is in the protocol distribution.
yei finance holds $366m of that tvl - over half the ecosystem. this is not diversified defi growth, this is one protocol doing heavy lifting.
sailor and dragonswap add another $154m combined. three protocols control 85% of sei's entire defi ecosystem.
this concentration actually creates opportunity most people are not seeing. when tvl is spread thin across dozens of proto
look at this tvl breakdown and you will see what everyone missed. sei hit $609m tvl in q2 while the token pumped 63%, but the real story is in the protocol distribution.
yei finance holds $366m of that tvl - over half the ecosystem. this is not diversified defi growth, this is one protocol doing heavy lifting.
sailor and dragonswap add another $154m combined. three protocols control 85% of sei's entire defi ecosystem.
this concentration actually creates opportunity most people are not seeing. when tvl is spread thin across dozens of proto
SEI-3.25%