SEI Price Rises as Cumulative DEX Volume Climbs Toward $9B

SEI Strengthens With $8.8B DEX Volume and $569M TVL

Sei’s cumulative decentralized exchange (DEX) volume is approaching $9 billion as ecosystem adoption continues to accelerate in 2025. At the same time, SEI price holds steady around $0.3187 while derivatives activity expands across global markets.

SEI’s DEX Volume Nears Milestone With On-Chain Growth

SEI had a total DEX volume of $8.857 billion as of August 23, 2025, according to DeFiLlama. The figure has been experiencing steady growth since early 2024 and is set to surpass the $9 billion mark in the near future.

Source : X

The chart data indicates a steep pick-up beginning in late 2024, with transaction activity steadily increasing in 2025. The spike shows the altcoin role as a trading-oriented Layer-1 blockchain that is fast and efficient.

This positive trend means growing liquidity within its ecosystem as more DEX activity is being consolidated on the token. As momentum persists, the milestone will further affirm the speedy growth of Sei in the blockchain networks.

TVL | Source : DefiLlama

In parallel, the crypto has a TVL of $568.98M, which has dropped by 0.36% in the last 24 hours. Nonetheless, periodic dips have not stopped TVL growth since 2024, with the metric hitting a high of almost $700 million earlier this year.

How Is SEI Performing in Price, Volume, and Rankings?

SEI is currently trading at $0.3187, ranking 52nd by market capitalization. The short-term price trend is mixed, as it has increased by 2.17% in the last 24 hours and decreased by 0.49% over the week.

Hourly trading is still at -0.04%, which indicates consolidation at the current level. This stability is seen by analysts as a sign of accumulation and the broader adoption as a long-term upside.

The volume of trade rose by 11.40% to $584.60 million, which is an indication of higher speculative interest across exchanges. In the meantime, the open interest increased by 6.10% to $303.53M, which indicates that more traders are opening.

Top 100 Coins Performance Over 90 Days | Source : X

The altcoin is one of the top 20 performing cryptocurrencies over the last 90 days, which has increased by 47.47%. The performance puts it higher than Stellar (XLM) but a little lower than Arbitrum (ARB), which rose by 54.89%.

Competitive Strength and Rising Institutional Context

Sei has already outpaced significant competitors in terms of peer-to-peer trading volume, which demonstrates the competitive aspect of the Layer-1 network. According to Artemis data, Sei reported 611 million P2P trades on 20-Aug-2025.

Chains peer-to-peer trading volume | Source : Artemis

This volume was higher than that of Avalanche C-Chain, which is $546.7 million, Polygon PoS, which is $409.8 million, and Mantle, which is $247.2 million. Other networks, including HyperEVM, TON, and OP Mainnet lagged far behind.

The figures reinforce the token's claim as one of the fastest-growing chains, with consistent weekly increases in trading volumes. The network’s efficiency in supporting trading applications is contributing to its rising adoption.

Meanwhile, the stablecoin market capitalization of Sei is at 228.37 million dollars. The daily chain fees and revenue are 1,637, which indicates stable usage regardless of the market changes.

In the wider market, altcoins are gaining momentum. The Altcoin Season Index is at 59/100 and indicates a positive trend toward altcoins, but has not yet reached the 75-point mark.

The market capitalization has grown by 0.2% to reach $3.97 trillion, whereas the CMC100 index has kept its value at 246.22. The Fear and Greed Index stands at 56, which is a neutral sentiment.

Capital rotation toward altcoins is clear, but Bitcoin dominance still does not allow a complete shift. A confirmed altcoin season would occur in the case that the index is above 75.