Sei Q3 Active Users Nearly Double, DEX and Game Transactions Hit New Highs

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Sei Network’s market performance improved in Q3 2025, with average daily active addresses rising 93.5% to 824,000. Daily transactions hit 2 million, marking five straight quarters of growth. Despite a 25.3% drop in TVL to $456 million and a 46.5% decline in stablecoin market cap to $148 million, DEX volume climbed 75% to $43 million per day. Game transactions totaled 116 million. Splashing Stake’s spSEI overtook Silo as the top liquidity staking platform. The Giga upgrade continues, with Sei pushing high-performance DeFi and AI apps.
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