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Sei Network Hits 621K Wallets—But That $930M TVL Comes With a Liquidity Warning

Sei Network Hits 621K Wallets—But That $930M TVL Comes With a Liquidity Warning

Published:
2025-06-06 10:12:51
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Sei Reaches 621K Wallets and $930M TVL Amid Liquidity Caution

Sei's growth looks staggering on paper—over 621,000 wallets and nearly a billion in TVL. But here's the catch: liquidity isn't as deep as the numbers suggest.

Proceed with caution. In crypto, big TVL often means big promises—and sometimes even bigger rug pulls.

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