Sei Network reported a significant increase in market performance for Q3 2025, with average daily active addresses rising by 93.5% to 824,000. Daily transactions reached 2 million, marking five consecutive quarters of growth. Despite a 25.3% decrease in total value locked (TVL) to $456 million and a 46.5% drop in stablecoin market cap to $148 million, decentralized exchange (DEX) volume surged 75% to $43 million per day. Game transactions also hit a new high, totaling 116 million.
In the liquidity staking sector, Splashing Stake's spSEI surpassed Silo to become the leading platform. The ongoing Giga upgrade is enhancing Sei's capabilities in high-performance DeFi and AI applications, contributing to the network's robust growth and user engagement.
Sei Network's Q3 Active Users Surge, DEX and Game Transactions Reach New Highs
Disclaimer: The content provided on Phemex News is for informational purposes only. We do not guarantee the quality, accuracy, or completeness of the information sourced from third-party articles. The content on this page does not constitute financial or investment advice. We strongly encourage you to conduct you own research and consult with a qualified financial advisor before making any investment decisions.
