Sangeet
@cryptoitinerant
🚨 SEI’s Silent Surge 🚨 In the last month, $SEI is up nearly +48%, breaking into the Top 13 chains by DeFi TVL. But is this the start of something big—or just a hype cycle in disguise? Let’s break it down using DeFiLlama, Dune & Santiment 📊👇
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Sangeet
@cryptoitinerant
🔥 What’s Working for SEI ✅ TVL Soaring: Now over $1.2B, with Yei Finance alone locking ~$960M. Other protocols like DragonSwap, Sailor, and Silostake are heating up.
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Sangeet
@cryptoitinerant
🟥 But There Are Red Flags… 🚨 TVL Overconcentrated Yei = ~78% of total TVL. One exit = TVL collapse risk. Not ideal for decentralization or resilience.
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