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...
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