Sei Network Smashes Records: $1.2B TVL and $94M DEX Volume Signal DeFi Dominance

Sei Network isn’t just climbing—it’s rewriting the DeFi playbook. With $1.2 billion in total value locked (TVL) and $94 million in DEX volume, the blockchain just left 'up-and-coming' in the dust.

Why this matters: While traditional finance still debates crypto’s legitimacy, Sei’s numbers scream adoption. No permission slips, no middlemen—just raw, decentralized momentum.

The cynical take? Wall Street’s ‘blockchain consultants’ are scrambling to explain how they missed this. Again.

• Sei Network achieves a new ATH of $1.2 billion TVL and $94 million DEX volume.

• Wyoming stablecoin pilot made the network’s adoption greater and added value to it.

• This network has a good DeFi momentum following increasing TVL and trading volume.

Sei Network has made one of the biggest milestones in the decentralized finance domain, according to data by CryptoRank on X. It has a total value locked (TVL) of $1.2 billion. The same day, the blockchain registered $94 million in daily volume on decentralized exchanges (DEX). Both numbers represent all-time highs for the network as of June 25, 2025.

Sei Gains Traction After Wyoming Pilot

One of the key drivers was the state of Wyoming. Officials there recently selected this token for a new pilot project. The pilot will test a fiat-backed stablecoin for public use. The aim is to consider the use of blockchain in real-world finance. The decision of Wyoming drew the attention of several people to this network.

This renewed trust has led to increased locked value and trading volume. TVL represents how much crypto is being staked, lent, or used on Sei-based apps. When TVL rises, it means more users and more confidence in the platform. Higher DEX volume also shows that more traders are using this cryptocurrency for token swaps and liquidity.

Source: X

Looking at the chart, the network’s DEX volume has spiked hard in the last few days. The green line in The Graph shows this dramatic rise. From below $40 million just weeks ago, the number has surged to nearly $100 million. It implies that there are more users that engage in trading or liquidity offering on this network.

These Factors Propel The Web3 Potential Of Sei

Meanwhile, the blue line marking its TVL has continuously been increasing during the last three months. This suggests that extra capital remains within the ecosystem. Such growth usually attracts developers, investors, and DeFi projects who want to build where activity is growing.

Sei sets itself apart in a crowded blockchain space. It focuses on speed and low fees, making it attractive for DeFi use. Real-world partnerships, like the Wyoming stablecoin pilot, help prove that blockchain can go beyond speculation.

These new highs are indications that the network is gaining momentum. More retail and institutional players may become interested in SEI as it continues to show positive performances. Hence, Sei can take a larger role in the Web3 world.