We talked about early October, but mid-month is where DeFi on $SEI really took off. Hamilton Lane ($1T AUM) tokenized its SCOPE Fund on Sei through @Kaio_xyz, pushing real institutional capital on-chain. Morpho and DragonSwap V2 launched institutional-grade lending and liquidity pools, while Rubicon rolled out liquid staking to boost yield options. Fluxa Exchange improved DeFi routing, and Yei Finance finished its TGE, marking the largest native DeFi launch on Sei to date. The Fiamma Bitcoin Bridge also went live with Takara Lend and Gauntlet, and Moralis API added Sei support for developers. Mid-October showed real depth in Sei’s ecosystem, with DeFi activity picking up across every layer. I’ll cover how the month closed out soon.
Early October was a major moment for $SEI, opening the door for real institutional adoption. Apollo’s $15M tokenized private credit through @Securitize showed that Sei can handle real-world assets and large-scale financial applications. BlackRock and Brevan Howard joining via @Kaio_xyz marked the start of traditional finance entering the Sei ecosystem. PayPal’s $PYUSD rollout on Sei unlocked payments for more than 434 million users, proving Sei’s capability for real transactional volume. The @circle Gateway integration added seamless $USDC liquidity, solidifying Sei’s foundation for stable, high-speed transactions. The @chainlink partnership brought real-time U.S. market data and 300+ feeds, boosting the reliability of on-chain financial tools. Finally, the WLNS x Sei collaboration showed how Sei’s tech stack can expand beyond finance into wellness and lifestyle applications. Early October set the tone for Sei’s next growth phase. I’ll be breaking down the rest of the month soon, be on the lookout.
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