On @SeiNetwork, DeFi has always been a core focus, aiming for a fast, on-chain decentralized experience. Launched in June 2024, from a $2M funding round, @YeiFinance has accumulated more than $300M in TVL. Accounted for more than 50% TVL on Sei ecosystem, Yei became the dominant DeFi platform on Sei ecosystem. Yei was built by two core components: • YeiLend: a pool-based money market - base layer of yield on Sei network • YeiSwap: a concentrated liquidity DEX, built on top of YeiLend - rewarding lenders with trading fees Liquidity can be shared between lending and swapping natively, creating revenues from lending rewards and trading fees, for that Yei has generated millions worth of yield for users. ==== But their vision didn’t just stop there, Yei team’s goal is to innovate on-chain liquidity scene. They are aiming for a unified, self-custodial mega execution layer where lending, swapping and bridging all work seamlessly across chains. To do this, Yei team has come up with a new product: Clovis. ➠ Clovis will be the first cross-chain liquidity coordination layer on Sei. The goal? Unifying fragmented liquidity and scale yield across the system. Clovis won’t be just another isolated deployment but an execution layer that allows lending, swapping, and bridging no matter the chain users start from. Users from other chains can now experience composable, cross-chain, capital-efficient DeFi like never before. And this is where Sei come to play. ==== Yei team’s decision to build on Sei was also a strategic move. Sei V2 started as the first parallelized EVM in the industry. Then Sei Giga came along, which easily achieved 5 gigagas per second throughput, outpacing other mainnet EVM chains. Sub-400 ms finality is no joke either, this is web-2 type of speed that Yei team needed for Clovis. The specs aren’t for show, Sei has also achieved: • 671K+ UAW (July 2025) • $626M TVL • Wallet supported: MetaMask, Rabby, Backpack, Sei Global Wallet… • Listed on Binance, Coinbase, Kraken, Upbit, Bybit… Yei Finance was built within an ever growing community of real users and real capital. ➠ Only Sei Network can provide Yei team with an EVM environment that combines Ethereum compatibility with web-2-grade lightning-fast accessibility. Clovis is no longer restrained by technical limits. This gives Yei Finance the ability to scale cross-chain lending, DEX and bridging primitives, realize their ultimate vision. As of now, Yei Finance has: • $301.67M TVL on YeiLend (52%+ of total SEI ecosystem) • $445.45M total trading volume on YeiSwap • $14.23M annualized fees generated From top metrics to community traction, Yei leads the DeFi revolution on Sei. Along with Clovis, the $YEI token is also coming, and with it, a whole new financial era.
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