Watchlist Scored and tracked, but not rated for deep research yet — no full analysis. A coin moves up when its verdict reaches Moderate (6.0+) without an unlock-risk flag.

Sei Network (SEI)

Layer-1 Rank #83 CAUTION

4.2 /10

Score breakdown

Unlock	6/10
Tokenomics	4/10
Insider	5/10
Onchain	3/10
Dev Activity	1/10
Revenue	1/10
Institutional	5/10
Etf	4/10
Market Structure	7/10
Security	6/10

Analysis

Sei Network completed its major unlock in December 2025, releasing 2.4B tokens, with future emissions now on a more controlled schedule. The parallel EVM architecture has attracted 200+ dApps with roughly $150M in TVL across DeFi protocols. Development remains very active, with v2 upgrades pushing throughput to 20,000 TPS. Fee revenue is still modest relative to larger L1s, and Sei faces intense competition for developer and liquidity mindshare from Solana, Sui, and Ethereum L2s, making sustained dApp growth the key metric to watch.

Disclaimer: This analysis is for informational purposes only and is not investment advice. Crypto investments carry high risk. DYOR — Do Your Own Research.